I first read of land acquisition deals in Africa about two years ago. It was between South Korea’s Daewoo and the Madagascar government, and the details included leasing the land for 99 years, mainly for farming. The produce was to be exported, but Daewoo promised to invest 6 billion dollars over a period of twenty… Read More »
John Comaroff thinks not: Once upon a time, anti-neoliberal theory posited an opposition between state and the free market, arguing that the antidote to the latter lay in the active intervention of the former. But the opposition is false, just another piece of the detritus of the modern history of capital. As states become mega-corporations… Read More »
Ever heard of the D8? They are Iran, Nigeria, Bangladesh, Egypt, Indonesia, Malaysia, Pakistan and Turkey. Their central bank governors and foreign ministers met in Abuja on Tuesday. The aim? to seek closer economic cooperation that would help protect the group from another global financial crisis. The decision? Under a draft Abuja declaration, the group… Read More »
This article was originally written for www.tradeinvestnigeria.com. In May, an Indian trade mission, led by Mr. Ravi Bangar, the deputy permanent representative of India to the World Trade Organisation (WTO), paid a visit to Mr. Jubril Martins-Kuye, Nigeria’s Minister for Commerce and Industry. One of the major issues they discussed was the possibility of India… Read More »
Gary Becker, the economics Nobel laureate who is probably most famous for his application of economics (in his case, rational choice and utility maximisation) to subjects such as racial discrimination, patterns of family organisation and drug addiction, has recommended the creation of a market in immigration. From The Economist: As with any price, one for… Read More »
For BBC Worldservice. Here.
The country realises that it is now a migration destination. H/T Bunmi
1. Could aid squeeze help Africa? – Reuters Africa news blog 2. Tyler Cowen’s Berlin Notes – Marginal Revolution 3. Nuggets of Ethiopian industrial development – Chris Blattman 4. Nigerian king who beats up his wife gets deposed – NEXT 5. Open letter to Bono and Bob Geldof – Marieme Jamme
A new book by Milford Bateman, who is described as “a freelance consultant specialising in local economic development policy, particularly in relation to the Western Balkans,” is described in the following terms on the publisher’s website: Over the last thirty years or so, microfinance has risen to become one of the most high-profile policies to… Read More »
From the BBC: A team of observers from Commonwealth countries has arrived in the UK to watch how the election is conducted and suggest how it could be improved. It will be the first time a Commonwealth team has observed elections in a developed country. They will observe candidates’ campaigns, polling stations and the count,… Read More »