Economic Development

Foreign Affairs Article

Africa's Economic Boom

Authors: Shantayanan Devarajan and Wolfgang Fengler

Sub-Saharan Africa's GDP has grown five percent a year since 2000 and is expected to grow even faster in the future. Although pessimists are quick to point out that this growth has followed increases in commodities prices, the success of recent political reforms and the increased openness of African societies give the region a good chance of sustaining its boom for years to come.

See more in Africa (sub-Saharan); Economic Development; Emerging Markets

Foreign Affairs Article

Mexico Makes It

Author: Shannon K. O'Neil

Even as Mexico continues to struggle with grave security threats, its steady rise is transforming the country's economy, society, and political system. Given the Mexico's bright future and the interests it shares with the United States in energy, manufacturing, and security, Washington needs to start seeing its southern neighbor as a partner instead of a problem.

See more in Mexico; Economic Development; Latin America and the Caribbean

Foreign Affairs Article

The Sick Man of Asia

Author: Yanzhong Huang

Yanzhong Huang argues that in their single-minded pursuit of economic growth, China's leaders have long overlooked public health--which, by some measures, is now worse than under Mao. Despite recent reforms, China's citizens keep getting sicker, threatening the country's health-care system, the economy at large, and even the stability of the regime.

See more in China; Economic Development; Health Policy and Initiatives