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Africa

'Crime' wave in Zimbabwe

Zimbabwe's staggering inflation has turned bakers into criminals (aka economic actors):

“A TOTAL OF 282 bakeries have been arrested for selling bread above the controlled price,” state radio reported on Friday... So I went to another bakery where the Greek owner conceals loaves in brown paper bags under the counter, and glances shiftily around the shop before he hands it over to you, as if it’s a parcel of mbanje (marijuana).

Reforming an African utility company

Reforming an African electricity company requires tough love, persistence -- and a little luck. Just ask Jean-David Bile, a civil engineer in the central African country of Cameroon. Bile runs AES Corp.'s electricity operation in Cameroon, a national grid that is chiefly powered by two large dams and was formerly fully owned by the infamously corrupt government of Cameroon.

The economics of taxicabs

Why does the total deregulation of taxicab services increase fares? This short note on taxi regulation in developing countries examines the economic theory of taxi markets and exactly how market failures should drive regulations.

Tracking aid pledges to Africa

The Africa Progress Panel, funded by Bill Gates and introduced today by Tony Blair, will report on commitments made at last year’s G8 summit in Gleneagles. In July 2005, the G8 nations pledged to cancel debts of 35 countries and increase aid to $50 billion annually by 2010, half of which goes to Africa. Kofi Annan will chair the panel, to include Live 8 organizer Bob Geldof, Nigerian President Obasanjo, and TI founder Peter Eigen. In addition to aid flows, the panel will consider trade and debt issues.

Tracking aid pledges to Africa

The Africa Progress Panel, funded by Bill Gates and introduced today by Tony Blair, will report on commitments made at last year’s G8 summit in Gleneagles. In July 2005, the G8 nations pledged to cancel debts of 35 countries and increase aid to $50 billion annually by 2010, half of which goes to Africa. Kofi Annan will chair the panel, to include Live 8 organizer Bob Geldof, Nigerian President Obasanjo, and TI founder Peter Eigen. In addition to aid flows, the panel will consider trade and debt issues.

Tracking aid pledges to Africa

The Africa Progress Panel, funded by Bill Gates and introduced today by Tony Blair, will report on commitments made at last year’s G8 summit in Gleneagles. In July 2005, the G8 nations pledged to cancel debts of 35 countries and increase aid to $50 billion annually by 2010, half of which goes to Africa. Kofi Annan will chair the panel, to include Live 8 organizer Bob Geldof, Nigerian President Obasanjo, and TI founder Peter Eigen. In addition to aid flows, the panel will consider trade and debt issues.

Tracking aid pledges to Africa

The Africa Progress Panel, funded by Bill Gates and introduced today by Tony Blair, will report on commitments made at last year’s G8 summit in Gleneagles. In July 2005, the G8 nations pledged to cancel debts of 35 countries and increase aid to $50 billion annually by 2010, half of which goes to Africa. Kofi Annan will chair the panel, to include Live 8 organizer Bob Geldof, Nigerian President Obasanjo, and TI founder Peter Eigen. In addition to aid flows, the panel will consider trade and debt issues.

Tracking aid pledges to Africa

The Africa Progress Panel, funded by Bill Gates and introduced today by Tony Blair, will report on commitments made at last year’s G8 summit in Gleneagles. In July 2005, the G8 nations pledged to cancel debts of 35 countries and increase aid to $50 billion annually by 2010, half of which goes to Africa. Kofi Annan will chair the panel, to include Live 8 organizer Bob Geldof, Nigerian President Obasanjo, and TI founder Peter Eigen. In addition to aid flows, the panel will consider trade and debt issues.


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