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The paper examines the concept of international power in connection with
demographic trends as forecast by the United Nations. It focuses its
attention on the situation of Africa, a region projected to become the second
largest in terms of population by the turn of the century. The argument to be
developed is that the large number of new entrants to labor markets of
African countries will likely be deprived of the labor skills necessary to
allow them earn a livelihood. The ?demographic dividend? will thus be denied
and the consequences will be felt not only in Africa but in the world at
large, most acutely in Europe. To prevent the rise of this ?disruptive? power
in Africa the paper offers some novel ideas on how to redesign Official
Development Assistance (ODA) so as to promote human capital investment.

A fresh insight on the unequal impact of development policies in East Asia and Latin America. Written by economists and political scientists from Brazil, Chile, Korea, Japan, Malaysia, and the US, chapters share a political economy perspective and are the result of collaborative work coordinated by researchers at the University of Tsukuba (Japan). In addition to chapters on particular countries and on broad subjects, there are three chapters presenting detailed comparisons of pairs of countries (Brazil and Korea, Indonesia and Mexico, Chile and Malaysia).