Sub-Saharan Africa

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In the News

Nigeria’s Dwindling Tribe Of Democrats

quoting Larry Diamondvia The Nation
Sunday, June 23, 2019

On the face of it, Nigeria qualifies to be called an emerging democracy. We just celebrated 20 years of uninterrupted civil rule with transition from government to government facilitated by elections no matter how flawed. We have a functioning, albeit high maintenance, parliament in place and the wheels of justice keep grinding ever so slowly in the courts. Our citizens and media are relatively free to express opinion and disseminate information even if the thin boundary between the hatred and fiction are breached with regularity.

Featured

Democracy Demotion

by Larry Diamondvia Foreign Affairs
Wednesday, June 12, 2019

For three decades beginning in the mid-1970s, the world experienced a remarkable expansion of democracy—the so-called third wave—with authoritarian regimes falling or reforming across the world. By 1993, a majority of states with populations over one million had become democracies. Levels of freedom, as measured by Freedom House, were steadily rising as well. In most years between 1991 and 2005, many more countries gained freedom than lost it.

In the News

Taylor’s Rule: Too High, Too Low – Where Should Interest Rates Go?

interview with John B. Taylorvia Biz News
Thursday, June 6, 2019

Taylor’s Rule is an interest rate forecasting model invented by John Taylor in the early 90s. And according to Investopedia “it’s a proposed guideline for how central banks should alter interest rates in response to changes in economic conditions.” In South Africa, the Reserve Bank’s mandate is very topical at present, which in turn sets up a discussion around interest rates. SARB’s current mandate is tailored around a targeted inflation band of 3-6%, with the repo rate currently at 6.75%. 

In the News

Take Note, America: Capitalism Improved Lives In Africa

quoting Thomas Sowellvia CNS News
Tuesday, May 7, 2019

“Africa is growing” economically “thanks to the free market,” notes Marian Tupy at Human Progress. “Since the new millennium’s start, Africa’s average per capita income rose by more than 50 percent.”

In the News

Omar Vs. Hirsi Ali: A Tale Of Two Somalis

quoting Ayaan Hirsi Alivia Jewish Press
Sunday, May 5, 2019

In commentary on Minnesota Rep. Ilhan Omar’s denigration of Jews, a vital dimension of her outbursts has been largely overlooked. No one is asking what prompted her anti-Semitic prejudice. Whence comes the voluble contempt for the Jewish people?

In the News

Mogadishu Comes To Minneapolis

quoting Victor Davis Hansonvia American Greatness
Thursday, May 2, 2019

Ridley Scott’s 2001 masterpiece, “Black Hawk Down,” has become, like his 2000 “Gladiator,” a classic tale of the triumph and tragedy as well as the courage, heroism, and sacrifice of a small band of brothers showcasing crucial elements of what classicist Victor Davis Hanson, has called, “the Western way of war.”

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The World’s Next Big Growth Challenge

by Michael Spencevia Project Syndicate
Wednesday, May 1, 2019

The economic performance of lower-income developing countries will be crucial to reducing poverty further. Although these economies face significant headwinds, they could also seize important new growth opportunities – especially with the help of digital platforms.

In the News

Digital Gangster' Facebook To Appoint Content Reviewers

quoting Timothy Garton Ashvia IT Web
Tuesday, March 26, 2019

Facebook is working on appointing an independent global oversight board, which will have the authority to review the social network's content decisions.

In the News

AIPAC’s Washington Conference Will Reflect American Support For Israel

quoting George P. Shultzvia Jerusalem Center for Public Affairs (Israel)
Monday, March 25, 2019
The AIPAC Policy Conference opened in Washington on March 24, 2019, and the critical analyses and even editorial autopsies are describing the organization’s diminished influence, claiming that it parallels the drop in Israel’s popularity among Americans.
Blank Section (Placeholder)Analysis and Commentary

The U.S.-China Global Dance

by David C. Mulfordvia Defining Ideas
Friday, March 15, 2019

We need clear economic leadership to avert the next financial crisis.

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