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Synergising Western and Eastern Approaches: Facilitating Economic Development in Africa

By Snowy Khoza

For decades the two global centres of power, the West (led by Europe and the Americas) and the East (led by China) have presented two contrasting approaches to economic development on the African continent. The West’s approach has been driven by conditionality, selectivity and direct financial support, while the East’s approach has been driven by non-conditionality, market building, and infrastructure delivery with tangible economic development. Below, Dr. Snowy Khoza describes how economic development dynamics in Africa have undergone a paradigm shift, with the influence of the East now more pronounced than ever before, and argues that Western and Eastern approaches to economic development in Africa must be used in combination to realise growth and transformation.

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EY’s 2013 Africa Attractiveness Survey: Getting Down to Business

By Michael Lalor

Africa’s rise over the past decade has been very real, and the evidence of the continent’s clear progress is irrefutable; however, there are significant challenges ahead. Below, Michael Lalor from Ernst & Young outlines the critical role of foreign investment in Africa, and the necessity of focussing on believers in the Africa growth story.

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Eternal Economic Return: The Global Economic Crisis through the Lens of History

By Larry Allen

Looking back at previous waves of economic crisis, economic historian Larry Allen illuminates our global predicament by uncovering the interlocked economic processes that lay beneath the crisis.

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Capital Flight and Global Crisis: In Search of a Barometer of Country Risk

By Michel Henry Bouchet

The global crisis and the austerity programmes in most developed countries have cast light on the role of expatriated savings in widening the gap between domestic resources and financing requirements and also in eroding the tax revenues, thus reducing economic growth potential. Offshore tax havens have become the focus of academic research and a point of contention for governments, scholars and the media.

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Can Think Tanks Influence Public Opinion and Improve Policy?

By Andrew Selee

Think tanks have sprung up throughout the world, trying to generate ideas and analysis that can be useful in public debate and in policymaking. Some think tanks have political or ideological aims; some want to raise attention to a particular issue; and others simply try to throw light on complicated issues in their field. Below, Andrew Selee considers how organisations invest in ideas about public policy, and outlines the steps they can take to enhance their possibilities of success.

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America’s Iran Policy and the Undermining of International Order

By Flynt Leverett & Hillary Mann Leverett

Strategic competition between America and Iran will shape not only the Middle East’s balance of power, but also the dynamics of international order through much of the 21st century. Determination to compel Iran’s subordination is driving Washington and a coterie of European states to violate basic principles of rules-based regimes governing key dimensions of international security and commerce. This renders productive negotiation with Tehran virtually impossible, and makes U.S. foreign policy the world’s biggest source of political risk. It also prompts backlash from rising non-Western powers that could undermine the functioning of rules-based regimes for nuclear nonproliferation, trade, and other vital issues.

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May – June 2013

World
 Confronting the New Reality: Globalisation, the Global Financial Crisis and the State
John Farrar & David Mayes

A ‘Sigh of Relief’ at Davos: Confidence and Caution Shared Center Stage
Michael Useem

Fair Lending Compliance for Mortgage Lenders – An International Concern
Anna DeSimone

The Impact of Hedge Fund Regulation: An International Perspective
Douglas Cumming, Na Dai & Sofia Johan

Implementing Smarter Cities Through Better Governance
Joan Enric Ricart, Pascual Berrone, Juan Manuel Barrionuevo &Asun Cano Escoriaza

 

Europe
Regional Innovation: How To Be Smart, Sustainable and Robust
Michele Mastroeni, Joyce Tait & Alessandro Rosiello

Smaller Cities Embrace Smart Specialisation – The Exeter Success Story

Asia
Karma Matters: Business Sustainability is Beyond Just Lasting!
Jayantee Mukherjee Saha & Chris Rowley

 

Canada
Canadian Foreign Aid Enters the Twenty-First Century
Stephen Brown

 

Africa
Putting Research into Use (RIU); Technology Development for the Poor Farmer in Low Income Countries
Norman Clark

 

Business & Sustainability
The Eco-Business Market Advantage
Peter Dauvergne & Jane Lister

Luxury and Sustainability: Trade-offs and Synergies in the Hotel Industry
Annie R. Pearce, Yong Han Ahn, & Young Oh Choi

A World on Purpose
Joey Reiman

Karma Matters: Business Sustainability is Beyond Just Lasting!

By Jayantee Mukherjee Saha & Chris Rowley

How can businesses remain sustainable? What is business sustainability all about? What are some of the impacts of globalisation on the sustainability of businesses? Can businesses draw lessons from epics of ancient civilizations? This article explores the idea of sustainability from an ancient Asian, karmic point of view and offers some insights into the long-lasting success of certain Eastern businesses.

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The Eco-Business Market Advantage

By Peter Dauvergne & Jane Lister

“When sustainability burst onto the scene it was in the responsibility category, something that a company should do because it was the right thing to do. But now it is equally about saving money.”1

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Putting Research into Use (RIU): Technology Development for the Poor Farmer in Low Income Countries

By Norman Clark

The Research Into Use programme aims to help agricultural research projects put its existing stock of knowledge into practical use rather than investing in new scientific research. In doing this, it hopes to increase the reach of the scientific projects in low-income countries and set up productive, sustainable and high impact technologic development projects.

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CFO's new mandate. CFO explaining the presentation

The Performance and Transformation Orchestrator: The CFO’s New Mandate in the Age of AI

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By Terence Tse CFOs are evolving into AI-driven transformation orchestrators, balancing finance, technology, and strategy while upskilling teams, managing risks, and driving measurable business value. A key insight from this year’s AI for CFOs event, organized...
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