Global GDP has slowed sharply, from near 4% in late 2017 to half that rate on an annualized basis in recent quarters. The downturn in fortunes over the last two years has come as a big surprise. The rapid expansion of 2016/2017 was broad based but died young. Prior to it we had suffered seven long years of slow growth in the wake of the global financial crisis
Despite some short-term benefits, trade deviation to the region shouldn’t be expected to last.
Has the U.S. trade war with China been good for Latin America?
An increase in Chinese demand for primary products from the region, as well as recent news of production transfers from China to Mexico, might give the impression that it has.
But any positive short-term effects of the confrontation should also take into account its negative medium- and long-term impacts on the region and on global growth. And the fact is that the overall trade and GDP destruction effects of trade wars tend to outweigh gains from shifts in trade activity.
Leonardo Parraga is an alumnus of the Atlantic Dialogues Emerging Leaders Program 2016.
The rise of globalization has given space to cooperation across borders in unprecedented ways. The interconnectedness between different actors allows for the creation of synergies and catalyzing progress in different areas, a feature that was previously unthinkable. When it comes to cooperation amongst young people, the increasing wave of meeting spaces facilitating the encounters between youth from Africa, Latin America, and Asia has created new bridges and channels for cooperation.
The global migration problem cannot be wished away; it has to be managed. Morocco provides an example of how responsibility for migration management can be handled by African states.
Argentina’s peso tumbled and stocks plunged after last Sunday’s primary elections. The perception of a likely victory of President Macri’s opponents – Alberto Fernandez, and running mate, Christina Fernandez de Kirchner - has sparked a new shift in investor preferences away from peso assets, pressures on the exchange rate, and hikes on sovereign spreads.
Tosin Durotoye is an alumna of the Atlantic Dialogues Emerging Leaders Program 2018.
On an unremarkable day in 2015, I woke up and decided it was time to move back home. At the time, “home” was the United States where I’d spent my formative years and lived for over 20 years. However, my birth home – the home at the core of my identity and the home I would be returning to - was Nigeria.
My family had immigrated to the U.S. during the Abacha era – a time of great social and political unrest in Nigeria. At the time, my father had received a job offer in the U.S. and while he never had plans to return to the country where he’d lived for many years and received his master’s degree and Ph.D., he also knew that the opportunities he wanted for his children would not be found in Nigeria.
Richard Seshie est un Alumni du programme des Atlantic Dialogues Emerging Leaders 2017.
Cet article a été précédemment publié ici.
Il prévaut fortement cette idée que nos pouvoirs publics ne sauraient jouer un rôle important pour les startups en Afrique. Dans plusieurs pays, leur nonchalance ou implication maladroite passée laisse dubitatif. Toutefois, c'est la nature historiquement extravertie de nos économies et ses implications qui devrait susciter plus qu'ailleurs un activisme énergique de nos pouvoirs publics. Nous voulons proposer quelques pistes.
Poker is a game for real men, cowboys, for example, ocean divers, stunt men, gambling away their meager pay. Poker is America, as oversized as trucks, egos and steaks. A gambler’s paradise. 24/24. Drinks on the house, a discount for the bridal suite. Poker made its way from quaint southern New Orleans to the rough west, where gold diggers gambled away fortunes, and settlers risked their wagons and horses for a game of cards. Decades ago, I met a descendent of this wild bunch in Las Vegas, Johnny Moss, the greatest poker player of our time, as his biographer Don Jenkins wrote in his “Champion of Champions” (1981). Moss was as pale as a hospital sheet, because most of his time he worked under neon lights. The gambler had a room upstairs in “Binion’ s Horseshoe Saloon”, which Moss only ever left when he was challenged for a golf game - 50 000 dollar for one hole. Or 100 000. He played with his professional poker rivals, who were buddies as well, Pug Pearson for example, or Doyle Brunson.
The author is an alumna of the Atlantic Dialogues Emerging Leaders Program 2017.
“Sub-Saharan Africa accounts for 13.5% of the global population but less than 1% of global research output” – this is according to a 2018 research article co-authored by eight Vice Chancellors of African universities. The state of knowledge production in sub Saharan Africa is sobering to say the least, and even more so in light of the bold ambitions the continent has for the future, ambitions such as Agenda 2063. Achieving such aspirations requires the deployment of well informed and skilfully managed strategies, in complex and dynamic socio-economic and geopolitical contexts that interact with a myriad of other ecosystems. The importance of research to support efforts to transform the continent cannot be overstated. Yet, in 2008, the number of papers that were published from the entire sub Saharan Africa region matched that contributed by The Netherlands alone.
This article was originally published on RBC Royal Bank's innovation & perspective section. Kevin Vuong, Executive Lead, International & Lecturer, University of Toronto, Canada and Atlantic Dialogues Emerging Leader Alum 2018 contributed to this piece.
From the route you take home to where you choose to go for lunch, we have our own inherent preferences that predispose us to a particular decision.