Book Review

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Notes

¹See Hugo Scott-Gall, “Africa's Turn,” Goldman Sachs Equity Research, Fortnightly Thoughts, no. 27, March 1, 2012.

² See Peter, Wonacott, “A New Class of Consumers Grows in Africa,” Wall Street Journal, May 2, 2011.

³See Scott-Gall. Both the Wall Street Journal and the African Development Bank use a lower discretionary income threshold, as little as $2 of income per day, to justify the claim that Africa's middle class is the size of those in India and China.

⁴United Nations Department of Economic and Social Affairs, Population Division, Population Estimates and Projections Section, http://esa.un.org/wpp/unpp/p2k0data.asp (accessed August 31, 2012).

⁵Botswana, Ghana, Lesotho, Mozambique, Namibia, Nigeria, Swaziland, Tanzania, Uganda, and Zambia.

⁶The seven richest nations of Africa are Cape Verde, Namibia, Gabon, Botswana, Mauritius, Seychelles, and Equatorial Guinea. Namibia, which boasts the largest population of the seven, contains 2.1 million people.

⁸Moyo, Dead Aid, 149.

⁷Dambisa Moyo, Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa (Vancouver: Douglas and McIntyre, 2009), 75.

Additional information

Notes on contributors

Bronwyn E. Bruton

BRONWYN E. BRUTON is deputy director of the Michael S. Ansari Africa Center at the Atlantic Council in Washington, D.C.