Robert B. Zoellick: Helping Africa Grow

By Guo, Jerry | Newsweek International, February 15, 2010 | Go to article overview

Robert B. Zoellick: Helping Africa Grow


Guo, Jerry, Newsweek International


Byline: Jerry Guo

Since the financial crisis hit, the World Bank has provided a record $89 billion to support development initiatives around the world. Much of this funding has gone to Africa, a special focus of president Robert B. Zoellick, a U.S. trade representative under George W. Bush. Zoellick recently sat down with NEWSWEEK's Jerry Guo in Abidjan, Ivory Coast, to talk about the continent's prospects for growth. Excerpts:

Which model--China's, India's, or its own--is Africa following in terms of development?

I think it is going to follow its own model, but it can learn lessons from others. China has been extremely successful, first at creating added value through the agriculture sector and then export-led growth. In India, you've seen a fantastic development of the service sector. A third [model] is the European Union. One of the challenges for sub-Saharan Africa is that markets are of modest size. This makes regional integration important.

Which African economies would you single out for doing particularly well?

At slightly higher income levels, Botswana and Mauritius are good growth stories. A little bit lower are Rwanda, Uganda, Tanzania, Mozambique, Mali, and Burkina Faso.

How quickly will a critical mass of middle-class consumers develop here?

You really have to get to [per capita income levels of] $10 a day to get to some people's definition of a middle class. What I'd focus on in Africa is getting to $2 a day. At a slightly higher income level, you start to have local manufacturers who can target the local market. The other interesting possibility coming out of the crisis is that some Chinese operations may move basic manufacturing to Africa. A Chinese provincial party secretary said maybe they should move out of the "shoes and Christmas toy" markets, start moving up the value-added chain, and move basic manufacturing to sub-Saharan Africa. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Robert B. Zoellick: Helping Africa Grow
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.