International
Africa’s trade links (or the lack thereof) in pictures
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Here at ONE, we often talk about the fact that Africa’s share of world trade, at around 3.5%, is the smallest of any region in the world. This is concerning because this means that African countries have not been able to reap the opportunities of global trade. Trade and investment could spur economic growth that could in turn help countries work their way out of poverty, but sub-Saharan African countries face some of the world’s greatest challenges in accessing local, regional, and global markets.
William Easterly, Professor of Economics at New York University, introduces a fascinating collection of graphics which illustrates just how scarce the trade links between Africa and the rest of the world is. You can read his blog here.
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