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.
A Zimbabwean broom vender pushes his bike on the streets of Chitungwiza outside Harare.
ALEXANDER JOE/AFP via Getty Images
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.
Fuel has been hard to come by in Sri Lanka lately.
AP Photo/Eranga Jayawardena
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.
South Africa has borrowed US$7bn from international financial institutions since the start of COVID.
Beata Zawrzel/NurPhoto via Getty Images
Removal of the fuel subsidy in Nigeria is long overdue, but replacing it with a transport grant is not the best approach.
The African Development Bank Group headquarters in Le Plateau, the business district of the Ivorian capital Abidjan.
Issouf Sanogo /AFP via Getty Images
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.
The aftermath of the 2021 earthquake in Haiti.
EPA-EFE/ORLANDO BARRIA
Collaboration can have immediate benefits in the most dire circumstances.
Informal head porter workers Percent Boatemaq (left) and Lusaka Fuseina (right) carrying goods on their heads at Agbogbloshie market in Accra, Ghana.
Photo by Jonathan Torgovnik/Getty Images
Influential international actors like the World Bank and the IMF should focus on expanding social protection rather than focusing on eliminating the informal economy.
A January 2012 demonstration against the removal of petroleum subsidies in the northern Nigerian city of Kano.
LPhoto credit should read
Pius Utomi E/kpeiAFP via Getty Images)
Nigeria must remove fuel subsidies and channel the funds to critical sectors of its economy.
The World Bank’s ease of doing business index incentives countries to do whatever they can to improve their ranking.
Jongho Shin/iStock via Getty Images
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.
Chinese engineers pose after welding the first seamless rails for the China-Laos railway in Vientiane, Laos, June 18, 2020.
Kaikeo Saiyasane/Xinhua via Getty Images
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.
Nigeria’s economy is struggling to recover from fluctuating oil price, inflation and impact of COVID-19 pandemic.
Photo by Pius Utomi Ekpei/AFP via Getty Images
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