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The world economy is now at a critical juncture, facing a series of extraordinary setbacks that have reduced growth rates over the past two decades. Reviving growth requires a combination of targeted policies, robust international cooperation and a new perspective on the global economy, with particular emphasis on the potential of the African continent. With a young population, vast natural resources and strategic location, Africa can tap into its economic potential and become a disruptive force in the global economy for decades to come.The world economy is now at a critical juncture, facing a series of extraordinary setbacks that have reduced growth rates over the past two decades. Reviving growth requires a combination of targeted policies, robust international cooperation and a new perspective on the global economy, with particular emphasis on the potential of the African continent. With a young population, vast natural resources and strategic location, Africa can tap into its economic potential and become a disruptive force in the global economy for decades to come.
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Savchenko et al. (2024) studied this question.
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