Africa has over 700
companies with an annual revenue of more than $500 million, including 400 with revenue above $1 billion
. The ability of these companies to thrive rests on building and retaining talented women and men.
We have come to the point in the agenda where we must take a ‘deep-dive’ in reviewing the lessons learnt so far in our response to the COVID-19 pandemic, in order to chart a way for the future. But the future, by its very definition, must be relative. Flexibility and change will define policy making and the scope of action needed for development.
The United Nations’ renamed World Social Report 2020
(WSR 2020) argued that income inequality is rising in most developed countries, and some middle-income countries, including China, the world’s fastest growing economy in recent decades.
While overall inter-country inequalities may have declined owing to the rapid growth of economies like China, India and East Asia, national inequalities have been growing for much of the world’s population, generating resentment.
Across Africa, even in cities with relatively modern infrastructure, many shoppers prefer the informal markets. In our case, both our mothers preferred the fresh produce sold at informal markets by women from the rural areas.
For my entire life, I have been forgotten. I am a Sahrawi refugee, born and raised in the Algerian desert, where my people have remained displaced for 45 years, awaiting the moment when we can finally return to our homeland, Western Sahara.
As a 10 year-old newly arrived in Lagos from England, I recall listening intently to how the Yoruba language - my father's language - was spoken. I would constantly repeat in my head or verbally repeat what I thought I had heard. I was not always successful. Many times, what would come out of my mouth would throw my friends into fits of laughter.
What has happened to the Republican Party? Picking Donald Trump in 2016 as the Republican candidate, giving him victory in primary after primary and later tolerating his idiosyncrasies and unpredictably dangerous behaviour and policy decisions were bad enough however much one tries to digest them as vagaries of the democratic tradition.
Back in May 2019, we were visiting a large garment factory in Arsikere, Karnataka, when we asked some of the workers, “What would you do if you got Saturdays off?” Their responses to this simple question summed up their priorities. A majority said they would spend time with family or friends and take care of their children. Many said they would use this time to relax or do household chores. Only a few said they’d look for additional pay.
This week, 450 public development banks from around the world
met for the Finance in Common Summit at the Paris Peace Forum
. They gathered to discuss how they can direct their combined investments of over USD 2 trillion - 10% of total investments in the world - “to support the transformation or the global economy” and “build new forms of prosperity that take care of people and the planet.”
An anecdote tells, never sufficiently confirmed, that in the hardest moments of the Second World War when Stalin was dictating his orders of battle to his subordinates, he was told that perhaps it would be advisable to consult with the Pope. The Soviet dictator replied: "And how many armored divisions does the Pope have?"
This was the year that Vietnam was poised to make progress on its rise as a regional leader. Under the auspices of Vietnam’s ASEAN chairmanship, a breakthrough in global trade has been achieved despite rising protectionism and a global pandemic.
Now it is clear that Joe Biden is the new president of the United States. It is unlikely that Donald Trump’s legal manoeuvring will change the election results, as when a conservative Supreme Court in 2000 decided in favour of George Bush over Al Gore, who lost by 535 votes.
UN peacekeeping dangerously overlooks the reality that peace operations have both unintended and negative consequences. Any intervention into the politics and culture of a community is bound to create tensions between local practices and foreign peacebuilding practices.
SARS-CoV-2, the corona virus that causes COVID-19, has been spreading exponentially across the world over the last ten or so months. As of November 6th, according to the Center for Systems Science at Johns Hopkins University, there have been 49,195,581 cases
of COVID-19, including 1,241,031 deaths.
The World Bank has finally given up defending its controversial, but influential Doing Business Report
(DBR). In August, the Bank “paused” publication of the DBR due to a “number of irregularities
” after its much criticized ranking system was exposed as fraudulent.
To believe that Biden's triumph is the end of the drama that has unfolded since January 2016 is an example of a mirage with fatal consequences. Pretending that those more than 70 million voters who have followed Trump to the end will disappear from the map on January 20 with the inauguration of Biden and Harris reveals a blindness to how much America has changed in recent generations.
I am speaking with Gladys and Raúl about civic space in Paraguay, when Raúl suddenly tells me about the fires. Thick smoke has reached the capital Asunción where he is based. In October, Paraguay became Dante’s Inferno.
Remittances are an essential part of economic activity in low and middle-income countries (LMIC), including those in South Asia. Because of the pandemic remittances to LMIC are expected to drop from $548 billion on 2019 to $508 billion in 2020 and $470 billion in 2021. The implied growth rates for 2020 and 2021 are -7.2% and -7.5%. For South Asia the drop will be from $140 billion in 2019 to $135 billion in 2020 and $ 120 billion in 2021 with implied growth rates of -3.6% and -10.9%.
The election tie, whatever the end result, that has been revealed is not a temporary phenomenon. The protagonist of Trump's resistance is not the tenant of the White House of the last four years. The real agent, although the constitutional winner is Biden, is that sector that for decades was considered an abnormality.
COVID-19 has developed into an unprecedented public health crisis, the impact of which has been seen across global health systems and services. As the crisis continues to evolve in India, there is a need to examine the impact of the pandemic and ensuing nation-wide shutdown on young people’s lives, particularly, their experience of mental ill health.