Archive for October, 2007

Fund Strategy has published a cover story by me on investment (primarily by funds) in Africa. It is written for a financial readership but includes points that could be of more general interest.

The Chinese bureaucracy seems to be taking on growth scepticism. According to a report in the Guardian the Chinese president, Hu Jintao, emphasised the dangers of environmental degradation and social inequality in his speech to the 17th congress of the Communist Party: “President Hu Jintao admitted yesterday that China’s Communist party had failed to live […]

The World Bank has updated the development notes on its website. They give a useful summary of the current orthodoxy on topics such as aid, climate change and development, equitable growth, governance and trade policy.

I will be speaking at a session on economic development at the Battle for Africa strand at the Battle of Ideas festival in London. My session will include Professor Paul Collier, Giles Bolton and Firoze Manji. Other sessions in the strand are on saving Africa and on the continent’s growing ties with China. The Battle […]

A key chapter (PDF) in the latest World Economic Outlook from the International Monetary Fund (IMF) looks at globalisation and inequality. The chapter concedes that inequality has generally widened over the past 20 years although it also makes the point that living standards have generally risen. In other words the poor are better off in […]

George Monbiot, Guardian columnist and environmental campaigner, presents himself as breaking a “universal taboo” when he attacks economic growth in his comment in today’s Guardian. To quote his opening paragraph: “If you are of a sensitive disposition, I advise you to turn the page now. I am about to break the last of the universal […]

There seems to be a surge of interest in economic history. After the works by Jared Diamond and Greg Clark (see 7 August and 10 August posts), and the provisional text on growth by Daron Acemoglu (see 6 October post), another draft work has appeared on the internet. Meir Kohn, professor of economics at Dartmouth […]

On Monday I will be introducing a discussion of The Paradox of Choice by Barry Schwartz at Nico Madonald’s Innovation Reading Circle. Details along with further readings and links are available at Nico’s website.

Daron Acemoglu, a professor of economics at the Massachusetts Institute of Technology, has published a draft version of his massive Introduction to Modern Economic Growth on the internet. The work looks highly technical but it does address three of the core questions in economic development (p25): • Why are there such large differences in income […]

I have written a short contribution to the spiked debate on the idea of a mobile “footprint”: The idea of a mobile footprint is meaningless in practical terms. Just think about how much carbon dioxide it takes to produce a particular mobile phone. If the energy used is generated from nuclear or hydroelectric power it […]