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Bad Brexit Timing for African Exporters
One would certainly be forgiven if, like us, you found yourself doing a double take at the news that Britain’s public voted in favour of leaving the EU. This...
Big Business in Africa: It’s Where the Jobs Are
Almost all developing countries have policies to promote small and medium-sized firms. The reasons for this choice are clear. Small firms appear to create lots of job with...
Blame Poor Regulations for South Africa’s High ‘Cost to Communicate’
Telecommunications clearly facilitate economic growth and participation. As such, countries should care about competitive outcomes in this sector. When competition works it can result in expanded services and lower prices, and...
Liberalism Takes Some Punches
Back in 1991, the eminent political scientist Samuel Huntington pointed out that democratic transitions around the world often come in waves. He pointed to a “third wave” of...
Panama Canal: It’s OK if You Have a Bigger Boat
World shipping changed forever when the Panama Canal opened on August 15, 1914. It was an engineering marvel of its day, cutting the distance required to get from the Pacific Ocean to the Atlantic by...
Do You Want to Run India’s Central Bank?
This week’s long-speculated departure of Indian central bank Governor Raghuram Rajan reflected the Indian government’s view that he was no longer welcome at the helm. However, it also reflects the challenges...
For Our Next Vacation, Let’s Visit a Slum
Back in Victorian times, wealthier citizens could sometimes be found wandering among London’s poorer, informal neighbourhoods, distributing charity to the needy. “Slumming” – as it was called – was...
Brexit Explainer: An Expert Weighs In
The result of the U.K. referendum on European Union membership has been a surprise and massive shock to so-called “expert” opinion. In addition, not just to academic opinion: The betting markets, which...
Is the UK the First Domino?
The British decision to leave the EU has been a long time in the making, but it does not lessen the shock that many politicians in the UK and...
Brexit Reaction was Swift
The United Kingdom has voted by a close margin to leave the European Union. Here, experts from around the world react to the news which has sent shockwaves around the world...