The G7 thought it had solved Africa’s problems, but rising child poverty is a ticking time bomb
Time was when Africa dominated gatherings of the G7. In the period between two summits held in the UK – Birmingham in 1998 and Gleneagles in 2005 – the talk was of little else. There was public activism and it led to political action.
In part, that was because the big developed countries were enjoying a spell of low-inflationary growth and could look beyond their own problems to see a bigger picture. There was the occasional financial panic, but the G7 thought the problems of economic management had largely been solved and all that was needed was a bit of tinkering by technocratic central bankers.
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