How resilient would emerging market economies be if another global slowdown were to happen? In this case, past weakness may be a good gauge of future vulnerability.
Congress will soon make some big trade policy decisions that impact Sub-Saharan Africa. The Africa Growth and Opportunity Act (AGOA), which provides duty free access to the $17 trillion US market for qualifying African countries, is set to expire this fall.
In Ghana, an exemplar of African democracy and development, electricity is quickly becoming a front-burner political issue. Thousands took to the streets of the capital Accra on Wednesday chanting ‘enough is enough!’ about electricity blackouts.
Agglomeration theory holds that clustering firms together allows them to share of knowledge and ideas, access a larger labor pool, and benefit from lower costs of production and transportation. How does that hold up in the real world?
