Africa as An Emerging Market
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In 2012, six African nations were among the ten fastest growing economies in the world, and the region is expected to grow on average five percent. Africa is an increasingly important market in the global economy -- presenting new and growing trade and investment opportunities for business from around the globe -- including the US, Europe, China, India, Brazil, and many others. The region has also become a rapidly growing destination for foreign direct invest (FDI), with nearly $80 billion a year in private investment flows which substantially exceeds foreign aid, and the highest rate of return on FDI of any developing region. Beyond the natural resource and primary commodities exports that have fueled African economic growth historically, Africa's growth is currently more widespread across sectors including wholesale and retail trade, transportation, telecom, and manufacturing. This course will examine factually what is happening in Africa that is capturing the attention of policymakers, businesses, and prompting numerous studies and reports on Africa as an emerging market in the global economy. It will also explore and discuss policy options for governments and companies regarding future engagement with the nations of Africa. <a href="http://www.sais-jhu.edu/resources/administrative-offices/how-access-course-syllabi-and-evaluations" target="_blank">Click here to see evaluations, syllabi, and faculty bios</a>
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