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Big Business in Africa: It's Where the Jobs Are

Date: 28 June 2016

Almost all developing countries have policies to promote small and medium-sized firms. The reasons for this choice are clear. Small firms appear to create lots of job with relatively little capital and jobs are desperately needed in sub-Saharan Africa with its growing young population. In contrast, large firms are usually ignored, it being implicitly assumed that their size indicates success.

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Liberalism Takes Some Punches

Date: 28 June 2016

Back in 1991, the eminent political scientist Samuel Huntington pointed out that democratic transitions around the world often come in waves.  He pointed to a “third wave” of democratization that began in the 1970s with Spain and Portugal and continued into the 1980s, particularly in Eastern Europe and Latin America.  After he wrote his book, this liberal wave seemed only to pick up speed, with transitions in the 1990s in parts of Africa and Asia.

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Do You Want to Run India's Central Bank?

Date: 24 June 2016

This week’s long-speculated departure of Indian central bank Governor Raghuram Rajan reflected the Indian government’s view that he was no longer welcome at the helm. However, it also reflects the challenges all central bankers face in driving an economy.

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For Our Next Vacation, Let's Visit a Slum

Date: 24 June 2016

Back in Victorian times, wealthier citizens could sometimes be found wandering among London’s poorer, informal neighbourhoods, distributing charity to the needy. “Slumming” – as it was called – was later dismissed as a morally dubious and voyeuristic pastime.  Today, it’s making a comeback; wealthy Westerners are once more making forays into slums – and this time, they’re venturing right across the developing world.

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Is the UK the First Domino?

Date: 24 June 2016

The British decision to leave the EU has been a long time in the making, but it does not lessen the shock that many politicians in the UK and across the EU are feeling.

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Brexit Reaction was Swift

Date: 24 June 2016

The United Kingdom has voted by a close margin to leave the European Union. Here, experts from around the world react to the news which has sent shockwaves around the world and what it means for their country.

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Who is Trashing the TPP and Who Can Save It?

Date: 23 June 2016

The Trans-Pacific Partnership (TPP) is under siege, with presidential candidates on both sides of the aisle voicing increasingly protectionist positions. As the general election gets into full swing this fall, the anti-trade rhetoric promises to reach fever pitch, taking down TPP in the process.

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Ethiopia Flexes its Manufacturing Muscle

Date: 22 June 2016

Ethiopia seems to be attracting the attention of economists interested in Africa, and for good reason. Except for Rwanda, Ethiopia is the only African country whose economic growth has been consistently high for more than a decade without relying on a natural resource boom.

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Uganda's Budget Office Mess

Date: 21 June 2016

Parliamentary budget offices are meant to be watchmen that help parliamentarians by providing them with solid budget analysis. They are supposed to provide honest budget numbers based on nonpartisan evaluations. To do this they must maintain a pristine reputation free from corruption, political dealings or criminal activity.

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Gun Manufacturers Face another Legal Challenge

Date: 21 June 2016

Last year families of the Sandy Hook shooting filed a potentially precedent-setting lawsuit. They sued the manufacturer of the AR-15 rifle that Adam Lanza used to gun down 20 schoolchildren and their teachers in a small town in Connecticut in 2012.

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The U.K.'s EU Referendum Matters to You America

Date: 21 June 2016

On June 23, citizens of the United Kingdom will go to the polls to vote on whether their country will remain a member of the European Union. While the outcome will have the greatest impact on residents of Europe, it will also affect the U.S. as well.

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