African policymakers should embrace a more pragmatic economic agenda that recognizes and capitalizes on Africa’s comparative edge: a greater abundance of land rather than low-cost labor.
David Ndii is a Kenyan economist. He has worked as an economist for the World Bank, a policy adviser for the governments of Kenya and Rwanda, and a public finance expert on the Kenyan constitutional review process. He also co-founded and served as chief executive of the Institute of Economic Affairs, Kenya’s first economics think tank. He holds a doctorate in economics from the University of Oxford and is a Rhodes Scholar and Eisenhower Fellow. In October 2022, he was appointed chairperson of the President’s Council of Economic Advisors.
African policymakers should embrace a more pragmatic economic agenda that recognizes and capitalizes on Africa’s comparative edge: a greater abundance of land rather than low-cost labor.
Instead of fixating on infrastructure, African countries should look to the experience of Latin American countries with similar resource endowments: a greater relative abundance of land than low-cost labor.
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