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Momentum seems to be building on Capitol Hill for some kind of West African travel ban as an anti-Ebola measure. It sounds like a simple solution. But here’s why a travel ban is pointless—or could even make us less safe.
Should countries be more like shopping malls and compete for investors on the global capital market? Shopping malls have strong incentives to price services efficiently and to deliver them as promised.
The African Growth and Opportunity Act (AGOA) needs to be reauthorized next year and discussions about how to improve it are picking up steam. There is a lot that is unknown—when it will be renewed, for how long, and whether the renewal will be as “seamless” as everyone says they want.
The White House and the House of Representatives have weighed in on how the United States can help bring electricity to millions of Africans and also reposition US engagement with the continent. Supportive legislation is now up to the Senate, and specifically the Chairman of the Senate Foreign Relations Committee Robert Menendez (D-NJ).
The long-anticipated rebasing of Nigeria’s GDP series was finally made public on Sunday April 6, and the general media reaction has been cautiously celebratory. But the reaction has largely missed one big point: the rebasing establishes that the biggest economy in Africa has the lowest tax revenues of almost any country in the world.
Many countries in Africa suffer high rates of under-employment or low rates of productive employment; many also anticipate large numbers of people entering the workforce in the near future. It is estimated that the working age population will rise to almost 800 million in 2030, up from the current number of 466 million. In our new paper , we ask the question— are African firms employing fewer people than firms located in other parts of the world? And if so, why?