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|UNITED NATIONS David Desharnais Rangers Jersey , July 5 (Xinhua) -- The United Nations said in a new report released Wednesday that African governments should make it easier and safer for Africans to travel within the continent.
"Tourism is a dynamic sector with phenomenal potential in Africa. Properly managed it can contribute immensely to diversification and inclusion for vulnerable communities," said Mukhisa Kituyi, Secretary-General of the UN Conference on Trade and Development (UNCTAD).
The agency's "Economic Development in Africa Report 2017" focuses on tourism for transformative and inclusive growth.
Chantal Line Carpentier, chief of UNCTAD's New York office, said tourism export revenues tripled since 1998, from 14 billion U.S. dollars to nearly 47 billion dollars. Tourism now contributes to about 8.5 percent of the continent's gross domestic product (GDP) Michael Grabner Rangers Jersey , compared with 6.8 percent in 1998.
"African tourism is increasingly driven by Africans themselves due to a growing middle-income class," Carpentier told a press conference at UN Headquarters, adding that four out of 10 international tourists in Africa are from the continent itself.
"By 2026, tourism's direct contribution to GDP is forecast to surpass 121 billion U.S. dollars," she noted.
Highlighting some of the findings from the report, Carpentier said to realize the continent's economic growth Kevin Shattenkirk Rangers Jersey , governments should take steps to liberalize air transport, promote free movement of persons, ensure currency convertibility and, crucially, recognise the value of African tourism and plan for it.
She added that the growing tourism sector offers opportunities for young people, who globally make up about half of the tourism labor force.
The sector is also heavily women-driven Chris Kreider Rangers Jersey , with nearly one-third of jobs taken up by women, and nearly half in the hotel and restaurant sectors.
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LONDON Marc Staal Rangers Jersey , June 28 (Xinhua) -- Global GDP will be 14 percent higher in 2030 as a result of AI (artificial intelligence), with China and North America seeing the greatest economic gains, according to a new research report released by consultancy firm PriceWaterhouse Coopers (PwC).
AI will contribute 15.7 trillion U.S. dollars to the global economy in 2030, PwC said in the report.
Labor productivity improvements are expected to account for over half of all economic gains from AI over the period 2016 to 2030, while increased consumer demand resulting from AI-enabled product enhancements will account for the rest.
The greatest economic gains from AI will be in China, with 26 percent boost to GDP in 2030 Kevin Hayes Rangers Jersey , and North America, with 14.5 percent boost, equivalent to a total of 10.7 trillion dollars and accounting for almost 70 percent of the global economic impact, according to the report.
North America will experience productivity gains faster than China initially, driven by its readiness for AI and the high fraction of jobs that are susceptible to replacement by more-productive technologies.
However, China will begin to pull ahead of the U.S.' AI productivity gains in ten years J.T. Miller Rangers Jersey , after it catches up on a slower build up to the technology and expertise needed, according to the report.
Europe and Developed Asia will also experience significant economic gains from AI, but developing countries will experience more modest increases due to the much lower rates of adoption of AI technologies expected, according to the report.
"The analysis highlights how the value of AI enhancing and augmenting what enterprises can do is large, if not larger than automation," said Anand Rao Authentic Pavel Buchnevich Jersey , Global Leader of Artificial Intelligence at PwC.
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