New NJD Vlog: Africa should invest in people, not industries
New video blog filmed by the DPRU for the World Bank Jobs Group: "Africa should invest in people, not industries". We interviewed Professor Ravi Kanbur of Cornell University, about the current African commodity/resource booms raise the question of how to appropriately use the revenues gained. Prof Kanbur talks to the distributional dilemmas and the best way forward for these growing countries to achieve transformation. He argues that African countries should generate sustainable growth by investing in infrastructure and human capacity building and not in the light manufacturing industrial policies that have worked so well in East and South Asia.
To watch the full vlog go to: http://blogs.worldbank.org/jobs/can-mozambique-use-its-booming-energy-sector-create-jobs