Funding

UNCTAD: Africa Rising

Africa needs investment to advance sustainable development and see the continent prosper. James Zhan, Astrit Sulstarova and Mathabo le Roux argue that the nature...

Joseph E Stiglitz and Hamid Rashid: Closing Developing Countries’ Capital Drain

Developing countries are bracing for a major slowdown this year. According to the UN report World Economic Situation and Prospects 2016, their growth averaged...

Michael Pettis: Money Is Not Created Out of Thin Air

A recurring conversation I have with clients concerns the ability of banks to create credit, and of governments to monetise debt, and whether this...

Robert J Schiller: Fighting the Next Global Financial Crisis

What do people mean when they criticise generals for fighting the last war? It’s not that generals ever think they will face the same...

UNCTAD Investment and Enterprise Division: An Investment Perspective on International Taxation

Tax avoidance practices by multinational enterprises (MNEs) often depend on corporate structures that are built by routing investments through offshore investment hubs or conduits...

Mario Draghi: Bending Markets to His Will

He’s called Super Mario for a reason. Facing down Greek radicals, engineering an economic recovery, keeping banks from toppling, fixing the bond crisis, and...

PwC: Nigeria – Prosperity Beyond Oil

PwC recently published a report in conjunction with the Lagos State Chamber of Commerce and Industry (LCCI) on the key macro-economic challenges in Nigeria....

EIB Investment Plan for Europe: Revolution in Use of Public Resources

The Marshall Plan did much to inject life into the post-war recovery of Europe. Initially comprising $13 billion, mostly in direct aid, the plan...

Book Review – Private Island: Why Britain Now Belongs to Someone...

It remains somewhat of a mystery how Chancellor of the Exchequer George Osborne manages the UK government’s financial affairs. Presiding over a buoyant economy,...

Wall Street’s Second Act

Now is the time to get rich. The volume of money idling on the side lines for lack of yield now stands at an...