A new note by Robert Bacon and Silvana Tordo on the special challenges of managing resource rents in postconflict countries:
Looking for a gift for your socially-conscious significant other? Try chocolate.
According to Bill Easterly in today’s Washington Post.
Economic development in Africa will depend -- as it has elsewhere and throughout the history of the modern world -- on the success of private-sector entrepreneurs, social entrepreneurs and African political reformers. It will not depend on the activities of patronizing, bureaucratic, unaccountable and poorly informed outsiders… Development everywhere is homegrown.
Wharton hopes to solve thorny development problems by recasting them as business opportunities. Ian MacMillan’s paper “Societal Wealth Creation via Experimental Entrepreneurship” reports on four pilot projects that have received seed funding. As [email protected] puts it:
The SolarAid, including the solar charger and an extra pair of batteries, sells for less than $100, and is built to last at least two to three years.
Capitalization of emerging stock markets set to exceed $5 trillion for first time.
Some hopeful and some less hopeful stories from Jon Snow, writing in the Guardian earlier this month. He describes a malaria net factory in Arusha: