Cynicism and the Nigerian state – NigeriansTalk The Un-Shock Doctrine: A defense of communism – Slavoj Žižek The Political Relevance of the Internet in Developing Countries – The Monkey Cage Time to avoid the dictatorship v democracy debate in Africa – David Booth Eurozone and the Greek debt – “Overindebted countries with their own currencies inflate. But countries… Read More »
1. Ignoring Africa’s present or the West’s past? – Wronging Rights 2. London faces battle to stop trading shift to eurozone – Financial Times 3. Europe agrees on Greek safety net with IMF role – Reuters 4. Scouring blogs for useful information – The Economist 5. Winner of the world’s oddest book title award –… Read More »
I just read from the Financial Times, through the PSD blog, that the Nigerian government is considering giving part of the proceeds of oil exploration to indigenes of the Niger Delta region. The amount is about $20 a year. According to its architects, the Nigerian scheme could make about $555m annually available – about $20… Read More »
Financial Times: Africa governance prize finds no winners: Mo Ibrahim, the Sudanese telecoms magnate, will not award his $5m African leadership prize this year, a decision seen as a rebuke to the former presidents of Nigeria, South Africa and Ghana, among others. The prize, now in its third year, is given to heads of state… Read More »
reports the BBC: Nigerian officials are reportedly planning to give 10% of the country’s oil revenues to people in the Niger Delta, an area plagued by insurgencies. Presidential adviser Emmanuel Egbogah told the UK’s Financial Times that the money would go directly to communities, bypassing powerful state governors. Analysts say the government fears local officials… Read More »
Financial Times’ Gillian Tett reviews Karen Ho’s Liquidated: An Ethnography of Wall Street: Liquidated: An Ethnography of Wall Street By Karen Ho Duke Press £16.99, 392 pages When I first started covering finance for the FT, I used to get embarrassed when asked about my academic past. Before I became a journalist, I did a… Read More »
At the blog of the Association of Social Anthropologists. The full announcement: The ASA blog’s attempt to discuss the financial crisis currently occurring around us seeks to bring together anthropologists, sociologists, who work on the cultural political economy, anthropology of money, class, labour, industry, economic anthropology, informal economy, wall street as an ethnographic site, micro… Read More »
Mr. Lamido Sanusi, Nigeria’s not-so-long-ago-appointed Central Bank Governor, a risk-management person, is at it. From Financial Times: “A few Nigerian banks, mainly due to huge concentrations in their exposure to certain sectors … but [also] due to a general weakness in risk management and corporate governance, have continued to display signs of failure,” Mr Sanusi… Read More »
Time Magazine reports that South Korea’s Daewoo Logistics leased 3.2 million acres of farmland from the Madagascar government. The land would be used as a farmland, and the South Korean company hopes this would help secure food supply for their country. The lease is for 99 years. A Daewoo manager, Hong Jong-wan, told the Financial… Read More »