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African Power in the 21st Century and Beyond

Author

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  • Neantro Saavedra-Rivano

Abstract

The paper examines the concept of international power in connection with demographic trends as forecast by the United Nations. It focuses its attention on the situation of Africa, a region projected to become the second largest in terms of population by the turn of the century. The argument to be developed is that the large number of new entrants to labor markets of African countries will likely be deprived of the labor skills necessary to allow them earn a livelihood. The “demographic dividend” will thus be denied and the consequences will be felt not only in Africa but in the world at large, most acutely in Europe. To prevent the rise of this “disruptive” power in Africa the paper offers some novel ideas on how to redesign Official Development Assistance (ODA) so as to promote human capital investment. Key words: Power in international relations, Africa, Official development assistance, Economic development, Human capital.JEL: F59, J24, O15, O19.

Suggested Citation

  • Neantro Saavedra-Rivano, 2014. "African Power in the 21st Century and Beyond," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 61(5), pages 585-596.
    • Handle: RePEc:voj:journl:v:61:y:2014:i:5:p:585-596:id:371
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    More about this item

    Keywords

    Power in international relations; Africa; Official development assistance; Economic development; Human capital;
    All these keywords.

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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