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Africa House NYU

July 25th, 4:30-6pm: Join NYU Africa House for 'Pathways for African Shared Prosperity in the New Technological Reality' with Professor Benno J. Ndulu Venue: 14A Washington Mews, 1st floor, New York, NY 10003

Burgess COMMENTARY

Peter Burgess

July 25th, 4:30-6pm: Join NYU Africa House for 'Pathways for African Shared Prosperity in the New Technological Reality' with Professor Benno J. Ndulu
NYU Africa House via mail101.suw111.mcdlv.net
Wed, Jul 18, 11:05 AM (13 hours ago)
to me

Join NYU Africa House and DRI on Wednesday, July 25th, for a talk with Professor Benno J. Ndulu, Former Governor of the Bank of Tanzania, the country’s Central Bank, since 2008.

'Pathways for African Shared Prosperity in the New Technological Reality'

Abstract:

The last two decades have seen a large number of African countries post rapid growth by the region’s historical experience. In contrast to the past, the region managed to ride through three shocks with reasonable resilience - the global financial crisis, the Euro crisis, and, more recently, commodity price shocks - with some variation across countries. About 100 million Africans were lifted out of poverty and some improvements in life expectancy were registered. In contrast to the Asian emerging economies, however, this progress was made without significant structural transformation or creation of modern jobs. The advent of artificial intelligence and data technologies have made industrialization increasingly jobless as robots 'take over.' Has the region missed on the opportunity to get on the escalator that helped Asian economies catch up and reduce poverty very significantly? What alternative escalators for structural transformation, catching up income-wise, and poverty reduction are available to the region? How should the region position itself to take advantage of disruptive technologies to make progress toward prosperity? The presentation will offer some ideas in response to these questions.

Speaker Bio:

Professor Benno J. Ndulu just completed a 10-year term as Governor of the Bank of Tanzania, the country’s Central Bank, and is now the Mwalimu Nyerere Professorial Chair on Development at the University of Dar-es-Salaam, Tanzania. He is best known for having served as one of the pioneers for the most effective research and training network in economics in Africa, the African Economic Research Consortium, where he served first as its Research Director and then as its Executive Director. Having begun his career in academia at the University of Dar-es-Salaam, he later served in the World Bank as a Research Manager in Development Economics (DEC) and Advisor to Vice President Africa Region. He has published widely on growth, governance, and trade. He is currently co-directing the Commission on Technology and Inclusive Development anchored at Blavatnik School of Government.

Event Program

Date: Wednesday, July 25th, 2018

Time: 4:30pm - 6:00pm

Venue: 14A Washington Mews, 1st floor, New York, NY 10003

An RSVP is required for the event.

Food and beverages will be served following the presentation.

NYU Africa House is an interdisciplinary institute devoted to the study of contemporary Africa, focusing on economic, political, and social issues on the continent and programs in the Arts. Part of Africa House’s core mission is to advance the understanding of the links between Africa and the rest of the world, through the social, historical, economic and other lenses. Related to this, we also have relationships with African immigrant communities in New York City. NYU has a large number of professors and students doing research in the areas of Economic Development, Economic Growth and Macroeconomics, microfinance, analysis of the effectiveness of foreign aid, politics and political economy, law and legal institutions. Africa House regularly convenes high-level talks and seminars, and has in the past featured African heads of state. We also host policy luncheons, and research discussion presentations on focused topics. Our programs take place in New York City and in various capitals in Africa.

Founded in 2006, the Development Research Institute (DRI) is currently home to a growing team of researchers and students. Through our work, we seek to expand the number and diversity of serious commentators on the state of foreign aid and development. Our ultimate goal is to have a positive impact on the lives of the poor, who deserve the benefit of high-quality, clear-eyed, hard-headed economic research applied to the problems of world poverty.

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