African Development: Promise and Peril

In a recent Heritage lecture Karol Boudreaux stated:

Africa’s future lies in the entrepreneurial spirit. More and more young Africans are being entrepreneurial, and as they move Africa forward in the 21st century, they need for their leaders to fix governance problems; they need a better rule of law; they need other strong institutions like secure property rights; and they need more and more expansive economic freedom.