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Africa's Economic Future without Commodity Dependence

Date: 10 May 2016

The current slump in world commodity prices is forcing Africa to rethink its traditional dependence on raw material exports. This is why the time for African nations to lay the foundations for transitioning from extractive to learning economies is now.

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Africa's Lost Billions

Date: 10 May 2016

Over the last 50 years, African countries have lost about $1 trillion to illicit financial flows. This equates to around $50 billion a year and is equivalent to all the official development assistance received by the continent over the same period. It is enough to wipe out Africa’s total external debt of around $250 billion and still leave $600 billion for poverty alleviation and economic growth.

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Let's Use Wales to Explain Tax Devolution?

Date: 6 May 2016

Yet again, the recent Welsh assembly election campaign was primarily about how best to spend public money. However, recent developments mean devolved elections in Wales will soon focus on how best to raise public money, too.

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Australia could Tackle Tax Avoidance with Open Data

Date: 6 May 2016

Imagine if Australia’s economy was as efficient as Silicon Valley is. It is not that absurd an idea and the keys are potentially at the government’s disposal.  In the US, technology sector companies including Mattermark and CB insights are now providing a “CIA-like” business data intelligence services about private companies in the startup ecosystem. They collect data on anything and everything, distilling it all into “signals” that may provide clues on who may become the next Apple, Google or Uber.

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China Writing its Own Merger Story

Date: 5 May 2016

Alongside China’s booming economy and the country’s appetite for steel, concrete, copper and other construction materials, the last decade has demonstrated that not only can China consume materials, but its corporations are also capable of gobbling up companies around the world.

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And on Your Left, Missing Tourists

Date: 4 May 2016

From the Tower of London to Edinburgh Castle, from Stonehenge to Brighton Pier, tourism is a vital industry for the UK. It is worth £125 billion a year to the economy, constituting 9% of GDP and 10% of total employment.

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Perhaps Pay Discrepancies Should be Visible

Date: 3 May 2016

Pay transparency is all the rage these days.  President Obama has taken action to increase pay transparency among federal contractors. The Equal Employment Opportunity Commission, which enforces laws prohibiting employment discrimination, recently issued a regulation requiring large companies to disclose aggregate salary information in their annual informational filing. In addition, states have been taking action as well, with California and New York enacting legislation to support pay transparency efforts.

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Is China 'Squeezing Out' US Aid to Africa?

Date: 29 April 2016

The economic and political reach of the US, arguably the most visible and vocal Western country on the African continent is gradually being diminished. This follows a pattern in which the economic and political stronghold of Western countries has ebbed as the role of non-traditional donors such as China has grown in importance.

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'Africapitalism' as the New Way of Doing Business

Date: 28 April 2016

The recent sustained attention given to the economic performance of Africa is a sharp departure from the usual negative and patronising representation of the continent in the global media. The old narrative represented a continent riddled by wars, famines, disease and the burdens of poor infrastructure and reckless governments.

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