Question

Despite the global economic downturn, __________Africa's economic growth of 5 percent annually in the past two decades was twice its pace in the previous two decades, placing it among the world's fastest growing regions.

Answer 1

Despite the global economic downturn, Africa's economic growth of 5 percent annually in the past two decades was twice its pace in the previous two decades, placing it among the world's fastest-growing regions.

Step-by-step explanation:

Africa's economic growth of 5 percent annually in the past two decades was twice its pace in the previous two decades, despite the global economic downturn. This places Africa among the world's fastest-growing regions.

For example, in certain African countries like Niger, Tanzania, and Sudan, GDP per capita at the start of the 2000s was still less than $300, which is not much higher than it was in the nineteenth century. However, despite these challenges, Africa has shown remarkable economic progress in recent years.

The good economic news from China and India, with populations of 1.4 billion and 1.3 billion respectively, is also remarkable and heartening in the context of the overall situation of low-income people around the world.