Africa

We are entering an unanticipated reality—an era of slow population growth and, increasingly, demographic decline that will shape our future in profound and unpredictable ways.  read more »

The recently released United Nations World Population Prospects: 2022 forecasts a future with fewer people in 2100 than there were in 2000.  read more »

The Covid-19 pandemic has been particularly cruel to the developing world, with Africa, Latin America, and South Asia all epicenters of high fatalities. But something worse may be on the way – this time not from viruses but good intentions, bolstered by often-unrealistic climate projections, which threaten to keep these countries in poverty for the foreseeable future.  read more »

In America and across the globe, COVID-19 is diminishing people’s prospects, exacerbating inequality and creating ever-more feudal societies as the pandemic ravages the health and the pocketbooks of the poor and the poorly educated.  read more »

In Europe, North America, Oceania and East Asia, the Covid-19 pandemic has been a tragic, wrenching experience, creating more depressed and divided societies. Yet, as we have been gazing obsessively at our own problems, a spectre infinitely worse is emerging in the most populous, fastest growing and least resilient parts of the world.

Covid has caused a deep crisis in the already suffering developing world, which contains nearly half of all humanity. And this will have serious implications for the future of the world economy and political order.  read more »

As I am writing this article, South Africa is predicted, following the coronavirus crises, to have an unemployment rate of 50% i.e. 1 in 2 working adults .The country’s lockdown has now been longer than the one in authoritarian China and to make matters worse, South Africa’s credit rating has been recently downgraded by agencies such as Fitch, Standard and Poor, and Moody’s.  read more »

The Green New Deal, an ambitious US congressional resolution introduced in 2019 that met substantial political pushback and failed to gain official approval, proposed among other things to provide housing, health care, and jobs via an economic stimulus package targeting green technology.  read more »

If you’ve ever seen a herd of elephants moving majestically across an African savannah, you’ll always remember the experience. Equally memorable yet horrifying is the sight of a dead animal killed by a poacher for its tusks.  read more »

City Journal just ran a very interesting piece on Lagos by Armin Rosen. Lagos is by some estimates Africa’s largest city and is well known as a creative capital. I don’t know anything personally about the city, but found Rosen’s description balanced and fascinating. Here are some excerpts:  read more »

The Wharton Africa Business Forum took place in Philadelphia on November 3-5, 2017. Present were the Finance Minister of Nigeria, the CEO of Ethiopian Airlines and other business leaders (notably from lead sponsors McKinsey & Company and the Boston Consulting Group) and educators. The event was attended by hundreds of participants including Wharton faculty, students and alumni, African investors and entrepreneurs, members of the African diaspora and many others who have an interest in Africa.  read more »