Africa

20 Items

News

Harvard Kennedy School Welcomes Robert Springborg as the Fall 2016 Kuwait Foundation Visiting Scholar

| September 14, 2016

Robert Springborg, a preeminent senior scholar of the Middle East has joined the Harvard Kennedy School (HKS) community this semester as Kuwait Foundation Visiting Scholar at the Middle East Initiative at the Belfer Center for Science and International Affairs.

Blog Post - Views on the Economy and the World

Addressing Commodity Price Volatility in Algeria & Morocco

| June 11, 2016
I recently visited Algeria and Morocco.  Like so many other developing countries, they are dealing with the sharp decline in global commodity prices that has taken place over the last few years.  In meetings in Algiers and Casablanca, I offered four concrete ideas for policies to help commodity-exporting countries deal with global price volatility.  The four proposals, very briefly, are: (1) hedging with options (as Mexico does), (2) commodity bonds, (3) countercyclical fiscal institutions (like Chile’s), and (4) central bank targeting of a currency-plus-commodity basket.

Blog Post - Views on the Economy and the World

Fiscal Education for the G-7

| May 26, 2016
As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars and more about fiscal policy.Fiscal policy vs. monetary policyUnder the conditions that have prevailed in most major countries over the last ten years, we have reason to think that fiscal policy is a more powerful tool for affecting the level of economic activity, as compared to monetary policy.

Report

Rewriting the Arab Social Contract

| May 16, 2016

During the fall 2015 semester, former Minister Hedi Larbi convened eight distinguished experts, each with direct operational and academic experience in Arab countries and economies to participate in a study group titled Rewriting the Arab Social Contract: Toward Inclusive Development and Politics in the Arab World. Over the course of seven sessions during the semester, these experts contributed  to an integrated approach to the historical, social, political, and economic dimensions of the Arab uprisings, focusing in particular on the often overlooked economic and social issues at the root of the uprisings.

Analysis & Opinions

Inside the Middle East: "International Monetary Institutions and Reform in Tunisia" with Minister Hedi Larbi

| December 23, 2015

Excerpt from an October 16 installment of the “Inside the Middle East" Q&A Series, with Minister Hedi Larbi, Former Minister of Economic Infrastructure and Sustainable Development and Middle East Initiative Fall 2015 Kuwait Foundation Visiting Scholar, on the role of International Monetary Institutions such as the World Bank and IMF in encouraging and implementing economic reforms during the political transition in Tunisia.

Blog Post - Views on the Economy and the World

A Pre-Lima Scorecard for Evaluating Who is Doing their Fair Share in Pledged Carbon Cuts

| Nov. 19, 2014
Those worried about the future of the earth’s climate are hoping that this year’s climate change convention in Lima, Peru, December 2014, will yield progress toward specific national commitments, looking ahead to an international agreement at the make-or-break Paris meeting to take place in December 2015.The precedent of the Kyoto Protocol negotiated in 1997 is more discouraging than encouraging. It was an encouraging precedent in that countries were politically able to agree on legally binding quantitative limits to their emissions of Greenhouse Gases, to be achieved with the aid of international trading and other market mechanisms.

Blog Post - Views on the Economy and the World

Escaping the Oil Curse

| Dec. 15, 2011
Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate. Perhaps Iraqis, after a decade of warfare, feel the same way. Both countries are oil producers, and there is widespread expectation among their citizens that that wealth will be a big advantage in rebuilding their societies.Meanwhile, in Africa, Ghana has begun pumping oil for the first time, and Uganda is about to do so as well. Indeed, from West Africa to Mongolia, countries are experiencing windfalls from new sources of oil and mineral wealth.

Blog Post - Views on the Economy and the World

Escaping The Oil Curse

| Dec. 15, 2011
Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate. Perhaps Iraqis, after a decade of warfare, feel the same way. Both countries are oil producers, and there is widespread expectation among their citizens that that wealth will be a big advantage in rebuilding their societies.Meanwhile, in Africa, Ghana has begun pumping oil for the first time, and Uganda is about to do so as well. Indeed, from West Africa to Mongolia, countries are experiencing windfalls from new sources of oil and mineral wealth.

Gertrude Kitongo poses with her mobile phone in Johannesburg, South Africa. She cherishes a cell phone as a link to family and friends and also sees it as a radio, a library, a mini cinema, a bank teller, etc., Nov. 8, 2011.

AP Photo

Magazine Article - Finance & Development

Africa's New Engine

| December 2011

Cell phone use has grown faster in Africa than in any other region of the world since 2003....Of course, South Africa—the most developed nation—still has the highest penetration, but across Africa, countries have leapfrogged technology, bringing innovation and connectivity even to remote parts of the continent, opening up mobile banking and changing the way business is done.