Tag: africa

Africa, David Ricardo and the Promise of Education Outsourcing

The theory of comparative advantage is one of the most important concepts in international trade.  From 18th century economist David Ricardo’s explanation of why England should produce cloth and Portugal make wine–but not each country producing both– to more modern examples of credit card service centers in Bangalore or iPhone manufacturing operations in China, we intuitively […]

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Opportunities in African Education: A Brief Glance at the Data

We can only get our continent to have inclusive growth if we are educated and change our   mindsets — Doreen E. Noni, World Economic Forum, 2014 It doesn’t take a great deal of macroeconomic digging to understand the profound development opportunities that are emerging across Africa, which by 2013 was receiving $57 billion in foreign direct […]

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Countdown to Zero Poverty and Emerging Growth

Brookings Institution provides some interesting (and interactive) perspective on extreme poverty over the 1990 to 2030 estimated period, which it calls the Final Countdown.  As extreme poverty (less than $1.25 per day) approaches zero, the remainder of afflicted peoples are in the weakest and most fragile states. Particular comparisons between China, India and Sub-saharan Africa remind us […]

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