Question

How might Africa's productivity improvements help to explain the recent growth reversal between advanced nations and developing and emerging countries?

Short answer

Reason for Africa's development are High crude fertility rates; high birth rates; childbearing at a young age; low contraceptive use in most African countries; drop in infant death rates are all associated variables.

Step-by-step solution

Introduction.

An emerging market economy is one that is transitioning from a low-income, less developed, frequently pre-industrial economy to a modern, industrialized base with a higher standard of living.

Reason for the Growth of Africa's productivity. 

People who live in shantytowns live a transitory existence because they can be evicted at any time. This has been the situation for the majority of shantytown residents. The issue is related to property rights.

Factors of Africa's Economic Growth. 

Domestic investment, net ODA flows, education, government performance, urban population, and metal prices all have a positive and significant impact on Africa's economic growth, according to our findings.

Ownership titles. 

Residents in this area do not have legal ownership of any existing structures. Granting ownership titles establishes private property rights, making legal action against trespassers simple.