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Megacities, not nations, are the world’s dominant, enduring social structures

Cities are mankind’s most enduring and stable mode of social organization, outlasting all empires and nations over which they have presided. Today cities have...

Barclays to exit Africa in ‘transatlantic’ makeover

Barclays Plc will sell its Africa business as part of a plan by new Chief Executive Jes Staley to simplify the bank's structure and...

Now or Later? Politics and Public Investment

Catering to voters as elections approach can upend intelligent decisions on infrastructure spendingVirtually all countries need additional infrastructure such as roads, bridges, airports, telecommunications...

Revenue Mobilization and International Taxation: Key Ingredients of 21st-Century Economies

Already some 260 years ago, the great philosopher and economist Adam Smith noted:“Little else is required to carry a state to the highest degree...

The Global Economy’s New Abnormal

Since the beginning of the year, the world economy has faced a new bout of severe financial market volatility, marked by sharply falling prices...

The Tragedy of Persistence Failures: Counting the Cost of Incompetent Leadership...

The ever rising human misery, economic hardship and abject poverty ravaging the continent Africa could be attributed to many factors, but prominent among them...

How low oil prices went from blessing to curse

There was a time, and it was not so long ago, that western economies would enthusiastically welcome a sharp drop in oil prices.This no...

Oil is crashing again

After a rally on Friday, oil is tanking again on Monday morning.Oil rocketed 8% on Friday, boosting stock markets around the world. Both Brent...

Inequality: Oxfam says wealth of richest 1% equal to other 99%

The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.It uses data from Credit Suisse from...

Why Africa Isn’t Rising

In one of Africa's most celebrated surprises this year, Nigerian voters unseated President Goodluck Jonathan. The election of Muhammadu Buhari defied expectations of electoral...

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