Economics & Global Affairs

26 Items

Goods are stacked in containers destined for global distribution at the harbor in Cape Town, South Africa, June 24, 2016. Stock markets crashed, oil prices tumbled, and the pound fell to a 31-year low as Britain's vote to leave the EU shocked investors.

AP

Journal Article - Europe'sWorld

Reshaping Europe's Africa Policies

| Autumn 2016

"Africa's economic diplomacy will be dramatically shaped by the Continental Free Trade Area (CFTA) negotiations that will conclude in 2017. This builds on the Tripartite Free Trade Area covering 26 countries with 650 million people and a GDP of US$1.5 trillion. The CFTA will comprise a billion people with an initial GDP of $3 trillion. The foundations of the agreement include free trade, infrastructure development and industrialisation. This is a grand opportunity that will shape Africa's relationships with the UK, Europe and the rest of the world."

Analysis & Opinions - Technology+Policy | Innovation@Work

How Africa Is Shaping Its Relations with China

| April 11, 2016

For a summary of Prof. Juma's Twitter Q&A on this topic, click here. #AskCJuma

"Much of Africa's diplomatic agency in its relations with China is mediated through development learning. One obvious area of interest for Africa is the role of state capacity in promoting economic development. African governments are learning how to engage with China through FOFAC and other collaborative ventures. These lessons are being deployed when negotiating with other countries."

News - Belfer Center for Science and International Affairs, Harvard Kennedy School

Gates Foundation, Calestous Juma Bet on Huge Progress in African Agriculture

January 22, 2015

Coinciding with the conclusion of the United Nations Millennium Development Goals, Bill and Melinda Gates talk about their “big bets” for the next 15 years in their Annual Letter this year. Among the questions they ask: How do we feed Africa, and ultimately the world? Their big bet is that Africa will feed itself and will be on the way to helping feed the world by 2030.

Calestous Juma, who heads the Belfer Center’s Agricultural Innovation in Africa project, supported by the Gates Foundation, agrees with the Gates’ bet. In his 2011 book The New Harvest: Agricultural Innovation in Africa, he provides details on how Africa can feed itself in a generation. Here, he answers questions about what is needed for Africa to make huge strides in agriculture in the next 15 years.

Ghana has gone through economic stagnation and negligible participation in the global trading system despite its gold mines and cocoa plantations.

EnzoRivos Photo CC

Journal Article - Journal of Policy and Complex Systems

Complexity, Innovation, and Development: Schumpeter Revisited

| Spring 2014

The role of innovation and entrepreneurship is increasingly getting policy attention in emerging countries. A growing body of literature is deriving its inspiration from the work of Joseph Schumpeter. His seminal 1911 book, The Theory of Economic Development, outlined a general framework for understanding the role of innovation and entrepreneurship in economic transformation. Despite Schumpeter's influence on economic policies in industrialized countries, there has been little application of his work in emerging countries.

Report - Brookings Institution

Foresight Africa: Top Priorities for the Continent in 2014

| January 2014

As Africa's position in the world continues to grow and evolve in 2014, the Brookings Africa Growth Initiative continues its tradition of asking its experts and colleagues to identify what they consider to be the key issues for Africa in the coming year.

Report Chapter - Brookings Institution

Leap-frogging in African Agriculture: The Case of Genetically Modified Crops

| January 2014

Calestous Juma and Katherine Gordon argue that biotechnology has the potential to exponentially raise Africa's agricultural production, increase food security, drive economic growth and save African farmers millions of dollars.

Analysis & Opinions - Standard Digital News

Taking the Leap from Value Addition to Industrialization

| December 10, 2013

"Embarking on such a transformative agenda will take a number of decisive steps. First, it will demand a vision of Kenya that defines the country as a learning economy. Second, the Government — in partnership with the private sector and other sections of society — needs to focus on building the technical competence of the citizens. The power of change lies in human capabilities, not in natural resources. Third, upgrading technical training and entrepreneurial institutions should be undertaken by all Government ministries. The task of transforming Kenya into a learning economy cannot be adequately pursued unless the Head of State is supported on a regular basis by a presidential science, technology and innovation advisory council."

Analysis & Opinions - Technology+Policy | Innovation@Work

Development: Learning from Singapore's Lee Kuan Yew

| January 30, 2013

"The question of whether nations can learn from history nag policymakers around the world. Part of the problem is that history is handed down through a variety of interpretations that do not reflect reality. But contemporary history, if genuine presented, can offer policy makers with lessons they can learn from....Singapore's lessons for other developing countries have yet to be fully appreciated. This is partly because much of the discussion has tended to focus on rhetorical arguments about relationships between governance and economic growth."