Protests over shortages forced the ouster of Sri Lanka’s president, but the crisis has deep-set roots in ethnonationalism, which has encouraged corruption, argues an expert on the country’s politics.
It’s still fashionable today to promote tech startups and tech hubs based on models from the global north. But new, alternative and more sustainable models might be emerging.
The World Bank board operates on the basis of reaching decisions by consensus. This means that any executive director must earn the respect of their colleagues to affect change.
The reduction of inequality is crucial from an ethical point of view as well as the fact that will open new possibilities on how to tackle climate change.
The world promised progress at the Glasgow climate conference. Now it has to turn those promises into reality. A former senior UN official describes what to watch for in the coming year.
Influential international actors like the World Bank and the IMF should focus on expanding social protection rather than focusing on eliminating the informal economy.
Allegations that World Bank officials manipulated country rankings in its much-used ease of doing business index highlight a deeper problem with these types of rankings.
Through its Belt and Road Initiative, China has become the world’s largest country-to-country lender. A new study shows that more than half of its loans threaten sensitive lands or Indigenous people.
To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Professor of International Business Strategy & Emerging Markets at the University of Sussex Business School, and the Graduate School of Business, University of Cape Town