Economic Development

The U.S. Strategic Bet on Angola Pays Off—and Vice Versa
There is much with the Biden administration’s approach to Africa, beginning with its much-ballyhooed but ultimately disappointing U.S. Strategy Towards Sub-Saharan Africa document, which, once one got past the seemingly...

The Global South Needs More Options From the IMF
The International Monetary Fund (IMF) annual meeting on October 16 witnessed the operationalization of a major trust fund, the Resilient and Sustainable Trust (RST), established for the purpose of special...

Angolan President Vows Economic Reforms After Disputed Election
Angolan president Joao Lourenco praised the judgment of Angolan voters and committed to reforming the country’s economy during his second inauguration ceremony on Thursday, following a narrow victory over the...

Win-Win: Invest in the African Century to Counter China
From July 20-22, the Kingdom of Morocco brought together over 2,500 delegates, businessmen, and investors from the United States and Africa to discuss the future of U.S.-African investment. The U.S.-Africa...

Facing Mounting Debt, Sri Lanka Requests Chinese Debt Forgiveness
During Chinese foreign minister Wang Yi’s visit to Sri Lanka over the weekend, Sri Lankan president Gotabaya Rajapaksa urged Yi to consider a restructuring of the country’s mounting debt to...

McDonald’s Won’t Transform North Korea
One problem with progressivism is the tendency to believe that everyone is basically decent and nice. And with the proper instruction—maybe just a good talking to, pointing out their mistakes—they...

Can Afghanistan Be Part of An Integrated Central Asia?
For many in the West and worldwide, the five countries of Central Asia remain a mystery, and their role in world affairs unknown. Yet through their own efforts, they have...

An Economic Blueprint for North Korea
Acts of outrage are committed by North Korea with alarming regularity, and unsurprisingly the country featured heavily in the recently concluded summit between President Joe Biden and South Korean President Moon Jae-in. The latest conflict between Israel and Palestine...

Ukraine’s Future Is Being Made Outside Kyiv
They could not be more different but both young businessmen are making waves in Ukraine. Andriy Stavnitser’s easy laugh precedes him as he walks into a room and instantly charms...

Coronavirus Could Drive Up Global Poverty for the First Time Since 1990s
As COVID-19 slows in developed countries, the virus’s spread is speeding up in the developing world. Three-quarters of new cases detected each day are now in developing countries. And as...

Fighting Corruption In The Former Soviet Republics Is Critical To Western Security
The recent conversation between President Donald Trump and Ukrainian President Volodymyr Zelensky has generated renewed interest in the fight against corruption in the former Soviet Republics (FSRs) and Moscow’s erstwhile...

Kushner’s Middle East Plan Wins Its First Round
MANAMA, Bahrain – President Donald Trump’s senior advisor, and son-in-law, Jared Kushner has been working in secret with Middle East leaders for more than a year. This week, in Bahrain, he...