Skip to main content
x

Making globalization work for Africa

The current backlash against globalization, most notably from working-class citizens in advanced economies who are worried about stagnant wages and insecure jobs, highlights how the benefits of global economic integration were oversold, and its costs undercounted.

Making “generation educated” a reality

Continuous declines in international education aid are depriving half of all young people in the developing world – some 800 million children – of the education they will need to secure meaningful employment in the future.

Putting Africa’s secondary cities first

In the latest Mercer Quality of Living City Rankings, the highest-ranked African city, Port Louis, Mauritius, comes in at 83rd out of 231. That appears to be in keeping with a broader pattern: in terms of the quality of life in its cities, Africa lags behind most other world regions.

How inflation could return

Debates about inflation in advanced economies have changed remarkably over the past decades. Setting aside (mis)measurement issues, concerns about debilitatingly high inflation and the excessive power of bond markets are long gone, and the worry now is that excessively low inflation may hamper growth.

How Nelson Mandela bent history

Twenty-five years ago, South Africa held its first free elections after the end of apartheid. The African National Congress won overwhelmingly, and its leader, Nelson Mandela, began to knit the country back together as its new president.