Towards an Innovation State


A spectre is haunting the world economy – the spectre of job-killing technology. How this challenge is met will determine the fate of the world’s market economies and democratic polities.…


Learning for the Future

The advent of the government’s joining of capital markets to raise financial resources required for the nation’s growing appetite for infrastructure is praiseworthy. As the country is increasingly becoming a…


Africa’s Innovation Gaps

The African economy has experienced a notable trend break in recent years – the “average” story is now no longer that of abject poverty and escalating conflict, but rather of…


Rethinking Illicit Financial Flows

If we think about development priorities for the next 15 years, with the Millennium Development Goals (MDGs) expiring in 2015, adequate nutrition and basic education immediately come to mind. Illicit…


Transportation Nightmares

Transportation plays a vital role in an increasingly interdependent world. Economic development is also unthinkable without an efficient and effective transportation system. Raw materials and finished goods require efficient transportation…


Mountainous Potential

It may be that, more than any other terrain, mountain regions exemplify a particular paradox: dense poverty coexisting with a special potential for transformative prosperity. The conditions that create mountain…


Soil: Not Sexy, But Definitive

I admit it: soil is not sexy. Yet, since the United Nations (UN) has declared 2015 the international year of soils, its health and contribution to food security and development…


Silent Exclusion

Numerous international and national efforts have focused on gender equality and the empowerment of women. The United Nations, for example, has convened four world conferences on women – Beijing in…


Investing In Happy Endings

Public and private investment in the real economy has been under attack since the 2008 financial crisis. In difficult economic times it may seem logical to cut investments that yield…


Africa Day for Food, Nutrition Security: Working Together for the Africa We Want

In the week of the Africa Day for Food and Nutrition Security, we decry the fact that globally Africa is still the continent most seriously affected by hunger and malnutrition.…


Africa’s Image, Ebola Epidemic

During the African leaders summit in August, Brookings convened the panel discussion, “Africa’s Image and US Perceptions in the 21st Century,” that included leading journalists and Africanists such as Helene…


Poverty Headwind

With the year 2015 – the Millennium Development Goals (MDGs) finishing line – approaching, post-2015 goals as they impact Africa need to be firmed. The goal of ending extreme poverty…


The Inequality Trifecta

There were quite a few disconnects at the recently concluded Annual Meetings of the International Monetary Fund (IMF) and World Bank (WB). Among the most striking was the disparity between…


Race to the Bottom

The popularity of public-private partnerships (PPPs) to support infrastructure development in emerging countries is growing worldwide. The G-20 backs PPPs to boost global growth and create jobs. The BRICS economies…


Governance Challenges

Next time you pick up a glossy document from one of the global consultancy companies promoting investment opportunities in Africa, count the number of times the word ‘could’ appears. Also…


Education Roadblocks

The only African nation never to be conquered by a western power is trying to conquer its issues with education. The school system of Ethiopia is growing at levels that…


Rethinking Climate Change

No nation is immune to the impact of climate change, but it is the world’s poorest that will be hit the hardest. A fair and inclusive global agreement to combat…


What Smart Spending Entails

In June, Kenya set a new African record. At two billion dollars, the country’s sovereign bond debt was four times oversubscribed. Only one month later, Senegal broke this. Zambia and…


Rightful Education

United Nations Secretary-General Ban Ki-moon has called education the “single best investment” that countries can make to build “prosperous, healthy, and equitable societies.” Nowhere is this insight more relevant than…


Competitiveness Dilemma

Arthur Bayhan is an expert on economic growth policies and national competitiveness initiatives, including investment and trade, with over 20 years experience in the transitional economies of Europe, South-and Southeast Asia and Latin America. He has worked as chief of party for USAID, head of private sector development at OECD and as an advisor at the EU Commission. He can be reached at arthur.bayhan@telefonica.net


Outmoded Entitlements Drive Fragmentation

Mohamed El-Erian is chief economic advisor of Allianz – a multinational financial services provider. He is also a member of the US President’s Global Development Council (GDC).


A Less Granted Rise

The dream that the 21st century will be the “African Century” is powerful and intoxicating. It is also becoming reality. As African officials gather in Washington, DC, for the first…


Towards Productive Remittance

The goals of the post-2015 development agenda cannot be achieved without strong programs and adequate funding. Official development assistance (ODA) amounts to roughly 130 billion dollars a year. Though foreign…


Monetary Illness

As the world struggles to recover from the global economic crisis, the unconventional monetary policies that many advanced countries adopted in its wake seem to have gained widespread acceptance. In…


Glocalisation

Recent evidence suggests that much of the world has entered a period of low financial market volatility. But this is no time for complacency; more turbulent times are likely to…




Editorial

With a reformist administration in charge of the executive, there has b...


Agenda

The new electricity tariffs that became effective on December 1, 2018,...


Fineline

Who it is that midwifed the rapprochement between E...


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Commentary

Ethiopia’s economy is at a crossroads. The same old advice will not s...


Viewpoint

A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


Opinion

The future is bleak. Millennials and younger generations who will inher...


View From Arada

There is heated debate on the propriety, decency and morality of breast...




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