Kenya’s March Towards Demographic Dividend with Investments in Health Sector Partnering with The Netherlands

Demographic dividend is a term which is increasingly preoccupying discussions among development economists and the donor community in general in Kenya. The term refers to countries with the greatest demographic opportunity for development and those that are ushering in a period in which the working-age population has good health, quality education, decent employment and a lower proportion of young dependents. Smaller numbers of children per household generally lead to larger investments per child, more freedom for women to enter the formal workforce and more household savings for old age. When this happens, the national economic payoff can be substantial, and this is the demographic dividend.

A Bad Free Trade Agreement Is Worse than Nothing

With growing economic conflicts triggered by US President Donald Trump’s novel neo-mercantilist approach to overcoming his nation’s economic malaises, many voices now argue that bad free trade agreements are better than nothing. After US withdrawal following Trump’s inauguration in early 2017, there is considerable pressure on signatory governments to quickly ratify the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), the successor to the TPP.

From Tony Blair to Mette Frederiksen

Social Democrats, who had been steadily disappearing following the crisis of 2008, have been making a small comeback in the last year. Now they are in power in Spain, Portugal, Sweden, Finland and, most recently, in Denmark.

Sharing the Burden of Refugees; the World Can Do Better

As the world marks World Refugee Day on June 20th to celebrate the strength, courage and perseverance of refugees, a glaring concern remains just how inadequate the global response to the refugee crisis has been.

An Economic No-Brainer: Empower Women, Empower Economies

As the first woman to lead the International Monetary Fund (IMF), and a leader in advocating for increased investment and action toward gender equality, Christine Lagarde helps Deliver for Good explore the steps needed to build sustainable financing & economic opportunities for girls and women.

Financialization Promotes Dangerous Speculation

Financialization has involved considerable ‘innovation’, often of opaque, complex and poorly understood financial instruments. These instruments typically have large debt components involving leveraging, deepening connections across markets and borders.

The Art of the Deal: What Trump May Teach Us

A friend of mine who became wealthy as an art dealer but eventually lost his fortune told me: "Money isn´t everything, but it helps." This made me think of Donald Trump, who likes to describe himself as an entrepreneur, i.e. ”owner of a business enterprise who, by risk and initiative, attempts to make profits."¹ The keyword is profits. According to Trump, success is measured through wealth. Like chess and poker, entrepreneurship is about winning and losing. Trump characterizes people he dislikes as losers, while he considers himself to be a winner.

South Africa’s First Carbon Farm

Land restoration could attract large private investments in the fight against climate change over the coming decades, if Governments and the United Nations put the right incentives and conditions in place.

Driving Financialization

The emergence and growth of financialization from the 1980s has been driven by several factors operating at various levels – national and international, ideological and political, and of course, technological. The 1971 collapse of the Bretton Woods (BW) international monetary system arguably paved the way for financial globalization.

Restoring Our Degraded Planet

On the 1st of March 2019, we saw one of the rare moments in history when the entire world comes together and agrees on a joint way forward. The United Nations General Assembly recognized the urgent need to tackle the compounded crisis of climate change and biodiversity loss, and passed a resolution to proclaim 2021-2030 as the UN Decade on Ecosystem Restoration. With the aim to restore at least 350 million hectares of degraded landscapes by 2030 – an area the size of India – the UN Decade is a loud and clear call to action for all of us. And it is a great opportunity for the UN-REDD Programme and its partner countries to build on 10 years worth of relevant experience with safeguards, impactful policies and measures, and attracting private and public investments.

Transforming Society, Financialization Destroys Social Solidarity

Finance has not stopped at dominating the real economy. The tentacles of finance have reached into significant, if not most parts of society. Gerald Davis characterises modern society, where finance is dominant, as a ‘portfolio society’, in which aspects of social life have been securitized and transformed into a kind of capital or investment to be managed.

Lost in Globalisation

Do not panic! This is not about telling you how bank accounts and pension funds have been used to finance the production of nuclear bombs (they call it ‘investment’).

Asia-Pacific Region Viewed as Engine of the World Economy

Since this Commission first met in 1947, our countries have travelled a long journey. Our economies are expected to become larger than the rest of the world combined, measured by purchasing power parity. It is often said the Asia-Pacific region is the engine of the world economy.

Finance’s New Avatar

Over recent decades, the scope, size, concentration, power and even the purpose and role of finance have changed so significantly that a new term, financialization, was coined to name this phenomenon. Financialization refers to a process that has not only transformed finance itself, but also, the real economy and society. The transformation goes beyond the quantitative to involve qualitative change as finance becomes dominant, instead of serving the needs of the real economy.

Report Reveals Mounting Pressure on Zambia’s Environmental Resources

There is a strong link between provision of basic social services and the use of natural resources in a country. Thus, with increased population comes additional pressure on natural resources. This is a key finding in the latest Zambia Environment Outlook (ZEO) Report 4, published by the Zambia Environmental Management Agency (ZEMA).

Public-Private Partnerships Fad Fails

After the failure and abuses of privatization and contracting-out services from the 1980s, there has been renewed appreciation for the role of the state or government. Earlier promoters of privatization have taken a step backward, only to take two more forward to instead promote public-private partnerships (PPPs).

Global Hunger Is Threatening Families Because of Climate Change

There is barely a corner of human life that will not be affected by climate change, and some of its impacts are already being felt. Consider this, 821 million people are now hungry and over 150 million children stunted, putting the hunger eradication goal, SDG 2, at risk. Today 15 May, is the United Nations International Day of Families and the theme for this year is, ‘Families and Climate Action’.

Privatization Solution Worse than Problem

Privatization has not provided the miracle cure for the problems (especially inefficiencies) associated with the public sector. The public interest has rarely been well served by private interests taking over from the public sector. Growing concern over the mixed consequences of privatization has spawned research worldwide.

Trump and China: The Art of Deal or Clumsy Bullying?

With the most recent spat between China and the US---not uncharacteristically if unintentionally engineered by Trump’s announcement of increasing tariffs from ten per cent to twenty five percent unless China agrees to his “deal”whatever that may be we seem to be back to the drawing board in the ongoing US-China trade war. Last week I received news from many experts including our own China watchers that a deal was imminent. Although my esteemed colleague Prof. Zhao was also in this group, he sagely pointed out even such a deal and seeming end of the trade war will not resolve the fundamental rivalries between US, the status quo power and China, the rising power. Now it seems that he had left out of the equation the unpredictable nature of Trump’s behavior.

South Africans Look to Re-elected Government to Rebuild a Stagnant Economy

Millions of South Africans headed out in large numbers, some braving cold and wet weather to cast their ballot in the country's sixth democratic elections this week. The 2019 election was one of the most competitive and contested elections that also saw a whopping 48 parties on the national ballot—up 300 percent from a mere 10 years ago.

Neoliberal Reforms Strengthening Monopoly Power and Abuses

Over the last four decades, growing concentration of market power in the hands of oligopolies, if not monopolies, has been greatly enabled by ostensibly neo-liberal reforms, worsening wealth concentration and gross inequalities in the world.