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New Democracy Fund

The recently established U.N. Democracy Fund was inaugurated yesterday with pledges of $41 million from 17 countries, U.S. and India providing the most money.  In the description of what types of initiatives this fund will provide support for, there are all the right words - from democratic inst...

Food Aid or Food Aids?

Check out this interview (part 1 and part 2) with Michael Maren in "The African Executive," a magazine published by CIPE partner Inter Region Economic Network (IREN).  Michael Maren has some strong statements in the interview, but it all comes down to one thing - his major argument seems to be t...

Media Group in Kenya Raided

Heavily armed and masked police commandos smashed printing presses and seized transmission equipment Thursday in raids on Kenya's second-largest media company, while three reporters were charged with creating public alarm in what officials said was a national security case... The raid is linked to t...

Moral Capitalism

I was at a discussion yesterday on the merits of moral capitalism and while listening to the presenter, tried to figure out what really are negative perceptions of capitalism all about.  The discussion focused on the moral aspects of doing business, the value systems and religious underpinnings of ...

Elections in South Africa

The disparities between South Africa's mainly middle-class beneficiaries of economic transformation and their less well-off countrymen has been brought into focus during the run-up to local government elections on 1 March. Sporadic violent protest against the slow pace of service delivery across th...

Economic Bridges Between the Koreas

South Korea is utilizing the economic advantages of Kaesong Industrial Park in North Korea.  Low wages, of course, is one of the major attractions for South Korean firms, but other incentives also seem to be in place. South Korean company presidents interviewed here predicted that their operations ...

Cheap Food in Venezuela

Food is cheap in Venezuela and some people even get it for free.  Its made possible through government established price controls.  Price controls were established a few years ago to safeguard the poor, but it seems that now they are achieving just the opposite - they are hurting, not helping th...

Informality in Guatemala: A Growing Problem

The National Economic Research Center (CIEN) released some initial findings of its CIPE sponsored informal sector project this past week. According to their research, 75% of the economically active population in Guatemala is employed in the informal sector. This makes Guatemala the country with the ...

From Gang Members to Business Owners?

Did the title catch your eye?  Is it possible to turn the source of social unrest and instability into business people who contribute to the development of their countries, not stifle private enterprise?  See a full story via the PSD Blog....

The War on Poverty…in Africa

Kurt Hoffman of the Shell Foundation shares his views on combating poverty, leaving a place for charity as an important part of addressing immediate needs but putting emphasis on economic growth as an ultimate solution. Charity can undoubtedly be used to relieve suffering, educate children, provide ...
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