At last weeks US-Africa Business Summit in Baltimore, World Bank President Paul Wolfowitz stressed the important role that the private sector can play in Africa’s future development and growth:
In light of this week’s release of the 2005 African Development Indicators, here is an online quiz on Africa to test your knowledge.
A strong message which jumps out of the report are the strong and marked contrasts between the continent’s countries:
Lots of hype, started well, ended in disappointment – well maybe not officially, but at least that’s my view. Had heard great things about “The Girl in the Café” – the new HBO/BBC romantic comedy set in the upcoming G8 summit and packed with development economics and social commentary – and through the first 30 minutes everything was going fine. Then came the long unoriginal speeches and a focus on the lacking convictions of the delegates instead of the severity of the problem at hand.
The Economist has analyzed the most recent FDI data from the OECD and praises the increase in flows to emerging markets.
Poor regulation is the main factor limiting productivity and growth in economies all over the world, particularly in developing countries - this according to the latest research by the McKinsey Global Institute. The solution: regulators need to protect people, not jobs, and stop the practice of trying to pick winners.