Joe Studwell on Africa, Asia, and What Development Actually Requires

The conversation explores the economic prospects and challenges facing Africa, particularly focusing on population density, governance, and industrialization. Joe Studwell, author of "How Africa Works," discusses how low population density has historically hindered Africa's development, though increased density alone isn't a panacea, citing Nigeria as an example. The discussion touches on Botswana's success due to diamond wealth and sound management, while also acknowledging rising corruption. Studwell expresses optimism about Africa's agricultural sector, noting its rapid growth and the emergence of large private firms, while also addressing the potential for manufacturing, driven by lower labor costs. He argues that automation and robotics won't derail Africa's manufacturing future due to cost and flexibility factors. The conversation also covers the role of industrial policy, education, disease burden, and the complexities of border changes in shaping Africa's trajectory.