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Wolfowitz stresses private-sector role in Africa

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:

The Girl in the Café

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.

Regulation that's good for competition

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.

“A better investment climate for everyone”

The March edition of Development Outreach focuses on the importance of improving the investment climate in order to achieve long-term sustainable growth. The volume is an excellent synthesis of current thinking, discussing everything from growth strategies to corruption and creative destruction.

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