Tag Archives: Economic Development

The Circular Economy & Development
By admin November 2, 2018

  At the beginning of 2018, the World Economic Forum stated embracing the circular economy was “the biggest opportunity of our lifetime.” The circular economy is a framework for an economy that is restorative and regenerative by design. This framework builds economic, natural, and social capital and is based on three principles: (1) design out

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Waging Climate War: Australia Battles Over an Emissions Reduction Target
By admin July 23, 2018

The “Land Down Under” has experienced huge developments in its energy industry. But despite headlines of a Tesla solar farm and the installation of the biggest lithium-ion battery storage, Australia continues to generate 63 percent of its electricity from coal, making it one of the most coal-dependent nations in the world. (AU Department of Environment and

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Trading Old Strategies in Pursuit of International Growth
By admin June 27, 2018

Trade has long been considered a strategic tool to reduce poverty and increase economic growth. However, to ensure sustainable economic growth through trade, it must be improved. By combining strategies, a fully optimized trade might be possible. One strategy was introduced by Gambia’s Vice President, Fatoumata Jallow-Tambajang, in mid-June. She noted that developing countries have

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The Cost of Gender Equality
By admin June 20, 2018

By 2025, women could add an additional 26%, to the global annual GDP if they participated in the economy at the same level as men, as reported by McKinsey Global Institute. According to the UNDP, gender disparity is seen in every country and many women face unequal treatment at their workplace as compared to men.

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Amidst Global Refugee Crisis: Establishing Financial Security
By admin April 3, 2018

Photo Source: Al Jazeera   Despite progress around humanitarian intervention and the improved living conditions of refugee camps around the world, many refugees continue to face limited access to social and economic opportunities to integrate into a new country and live prosperous lives. Evidence from Consultative Group to Assist the Poor’s (CGAP) working paper on

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The Future is Accessible
By admin March 8, 2018

Source: The Guardian (https://www.theguardian.com/commentisfree/2018/mar/08/disabled-people-metoo-womens-movement-inclusion-diversity). A year after “A Day Without a Woman,” which saw women across the United States boycotting paid and unpaid labor to highlight the impact of women on society, people around the world responded to the call for a global women’s strike on International Women’s Day (IWD). The IWD organizers cite the

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NASCAR, Talking Animals, and Closing the Protection Gap
By admin February 22, 2018

Many Americans will recognize brand jingles, talking geese and gecko mascots, red umbrellas, and NASCAR race-car drivers endorsing insurance brands. These insurance companies provide help to individuals and businesses to manage and mitigate risks. The traditional insurance market operates as a pooling of resources (through premiums) from its policyholders and pays affected policyholders who experience

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Tapping Superplatforms to Further Economic Growth & Financial Inclusion
By admin February 16, 2018

  Superplatforms, the “Platforms of Platforms” Experts have claimed that banks are decaying, but they have persisted over time. However, the entrance of new internet “superplatforms” into financial services may be the end for some traditional financial institutions.   Superplatforms are successful and regularly recognized on lists of the world’s most innovative and client-centered companies.

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MENA: The Final Mobile Money Frontier
By admin February 8, 2018

  The mobile money industry has had a fantastic decade. We have seen how one connected handset can transform the life of not just its owner, but also the lives of his or her family and broader community. A mere ten years after M-Pesa launched in Kenya, the mobile money industry now celebrates an impressive

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What can Big Data Do for Development?
By admin May 22, 2017

Last week, May 17th, marked the World Telecommunication and Information Society Day. It is celebrated to raise awareness of the use of Internet and other information and communication technologies (ICT) to promote social and economic development. Themed on Big Data for Big Impact, this year’s focus is on the power of big data for development

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The Importance of Promoting Applied Sciences in Africa
By admin May 3, 2017

More than half or Africa’s population is under the age of 30, making it the youngest population in the world. With one billion people spread across 50 countries, Africa only counts 2,000 colleges and universities. As a comparison, the United States’ population is of 320 million people and it counts over 4,000 colleges or universities.

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Living and Dying in the Anthropocene
By admin December 21, 2016

Climate change news is something we come across nearly every day. Many of us are painstakingly aware that the ocean level is expanding and the planet is becoming drier. Many issues arise from climate change including food security and overcrowding in addition to the changes in the weather. So have people permanently changed the planet?

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United Against Corruption for Development, Peace and Security
By admin December 15, 2016

Corruption is a substantial obstacle for economic development and business growth. It is startling that “every year $1 trillion is paid in bribes, while an estimated $2.6 trillion are stolen through corruption – a sum equivalent to more than 5 percent of global GDP,” according to the UN Factsheets. Collective action is needed in order

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Is Globalization a Force for Good for African Farmers? A Look into Ethiopia’s Teff Market
By admin October 18, 2016

Ethiopians have been planting teff for more than 3,000 years and, together with coffee, teff nowadays represents one of Ethiopia’s inescapable foods. Many food companies such as Love Grain in the US and Tobia Teff in the UK are involved in the teff business and both have stated the potential that this grain has to

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Self-Reliance is the Key to Enduring Development in Afghanistan
By admin October 10, 2016

Foreign aid is essential for creating sustainable infrastructure, institutions and industrial units in war-ravaged countries, and Afghanistan makes no exception to this case. The funds received are fundamental in the shorter term for the training, education, employment and skill development of the Afghan youth, which, according to the World Bank, represents more than half of

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Africa on the Rise
By admin September 20, 2016

In 2010, The McKinsey Global Institute’s report on the African Economy, Lions on the Move: the Progress and Potential of African Economies, highlighted the important role of African governments in keeping increasing ties to the global economy. Rapid economic growth was creating substantial business opportunities that lifted millions out of poverty and created prosperity in

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Africa’s Contemporary Development needs Data, not Money
By admin September 12, 2016

While the billions of dollars in aid delivered to the African continent effectively help governments solve their social and economic challenges, it cannot be a definitive solution to widespread African poverty.  As a recent Project Syndicate article shows, job creation is the key element that will empower the large pool of African youth population, which

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Taking on the Social, Economic and Political Divide Digitally
By admin August 10, 2016

(Source: Jonathan Kalan, UN Photo) A new UN report found that e-government is an effective tool for facilitating integrated policies and public services. E-government is define as the “use of information and communication technologies to offer citizens and businesses the opportunity to interact and conduct business with government by using different electronic media, including telephone

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The Entrepreneurial Boom in Africa: How the Youth Are Impacting Business Today
By admin April 13, 2016

  Entrepreneurship has always been argued to be one of the best options for developing countries to boost their development programs and to pursue higher growth and an easier path to an advanced economy. Anzisha Prize, which is sponsored by the MasterCard Foundation and African Leadership Academy, has been created to attract and motivate young

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Keeping the Balance: Cuban Path to Development
By admin March 25, 2016

  On March 21, US President Barack Obama landed in Havana as his first trip to Cuba following the historic thaw in the US-Cuban relations last year. This unprecedentedvisit takes place approximately ninety years after Calvin Coolidge’s presidential trip to the small island. With references to the end of the Cold War, numerous American delegations–between

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