Utilization of natural resources for development Aside human resources, the continent should leverage on the vast endowment of natural resources like land, water resources, solid minerals, oil and gas and renewal energy to launch itself into the next development phase. Unproductive practices such as land tenure system must be discarded, while property rights, and rule of law must be enforced.
-3feedback rules, such as those introduced by John Taylor in 1993 and ones that continue today to inform monetary policy decisions at the Fed and at other central banks.