Saturday Morning Reading #53

Here’s your Saturday Morning Reading…

1. Refugee influx a major opportunity for Germany, leading economist says | Kate Connolly – The Guardian

“The opportunity is for refugees to not only fill the gap, but as we know every person who finds a job and pays taxes makes a contribution to economic productivity and output. We will see that the benefits will outweigh the costs within five to 10 years. This is not me being an optimist, I’m just looking wider than this myopic, short-term perspective, that in the long run, refugees will be a net gain for the economy.”

2. ‘How can I avoid becoming cynical about aid work?’ | Global Development Professionals Network

According to the NGO agony aunts:
– Adopt a lifelong learning philosophy
– Know yourself, find mentors, and play to your strengths
– Remember the progress that has been made over the last 20 years

3. Industrialisation in Africa – More a marathon than a sprint | The Economist

“Factories are not creating nearly enough jobs for the millions of young people moving into cities each year. Most of them end up in part-time employment in low-productivity businesses such as groceries or restaurants, which are limited by the tiny domestic economy; Africa generates only 2% of the world’s demand. To grow fast, African countries need to shift workers into more productive industries. Their governments need to provide the infrastructure and the incentives for manufacturing firms to set up. Without determined action, they risk another lost decade as the commodity bust deepens.”

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