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MIT Study Reveals Why Africa Is Still Poor

MIT Study Reveals Why Africa Is Still Poor

FromEconomics Explained


MIT Study Reveals Why Africa Is Still Poor

FromEconomics Explained

ratings:
Length:
21 minutes
Released:
Mar 2, 2024
Format:
Podcast episode

Description

Africa is the poorest continent in the world. There are, as always, a lot of factors to consider as to why that is the case, but recently Daron Acemoglu and James A. Robinson from MIT have released a study detailing the surprising bigger factors in why Africa still struggles to build wealth despite massive amounts of incoming aid and charity work trying to improve the lives of people there. So what are the reasons why much of Africa can't seem to get out of poverty?
Released:
Mar 2, 2024
Format:
Podcast episode

Titles in the series (100)

On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.