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Being present in African countries not only makes it obvious that an increasing division of labour, more free trade and more and more networked systems reduce poverty. It also helps to understand again, that ever increasing division of labour has been a constant factor in human history. And a foundation of our own prosperity.
Read the full blogpost in German language here.
African banks are making record profits whilst African companies are paying exorbitant interest rates on their loans. Is this an opportunity for European investors to invest in growth markets?
On May 18, 2018, I was invited for the second time to the Tolerance Talks in Fresach to take part in a discussion. The guiding question was: Were open borders a misunderstood liberal concept? Of course not—that was my short answer. But a different environment requires different thinking. The interconnected global society—with globalisation, digitalisation, connectivity,…
Western companies like Diageo, GSK, Holcim, Procter & Gamble and Tullow Oil retreat, regional and non-Western investors are stepping in: East African industrial groups, South African and Nigerian banks, and Asian capital.
“Yes, that’s like it is!” has always been the answer when putting forward to an aid practitioner the principle of permanent acceleration: When a certain type of project or program has become mainstream, right before results are visible, the aid community moves on to the next, much more ambitious and difficult task. The new book on Western…
A new blogpost in German.
Cape Town is running out of water. DAY ZERO – the day when water reserves are at zero – is approaching. For three consecutive years rainfalls were less than normal. But it is not the missing rainfall, reasons for the water shortage in the urban agglomeration of 3,8 million people go deeper, says the Economist. It is a …