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Following the second roundtable held with African finance ministers and central bank governors, Sanjeev Gupta and Mark Plant explore tax concessions and the challenges of meeting the targets for domestic resource mobilization set under the Addis Ababa Action Agenda.
Earlier this month three future European Union (EU) Commissioners were given the green light by legislators to lead the migration portfolio—despite the fact that the confirmation of the entire Commission is still pending.
Last week, Abhijit Banerjee, Esther Duflo, and Michael Kremer received the Nobel Prize in Economic Sciences “for their experimental approach to alleviating global poverty.” In this blog post, I’ll give you a bite-sized introduction to more than 100 of Michael Kremer’s research publications.
Perhaps the most surprising was how similar these scenes playing out in America are to those I’ve seen in Africa. To be sure, many of the factories I visited in Africa were smaller-scale and simpler in their operations than the Ohio glass plant in American Factory. But some Chinese-owned factories in Africa are similarly large-scale and technologically advanced, and no matter the size of the factory, I witnessed many of the same struggles to find cross-cultural understanding, to teach workers genuinely difficult skills, and to withstand the pressure of a highly competitive, global industry.
The World Development Report 2020 released on Wednesday highlights the economic benefits from GVCs and reminds us that protectionism and policy uncertainty around the world is now putting many of these benefits at significant risk.