May 21
Why Africa doesn’t get investment…
A new study has been published that proves all the things we always thought about investment in Africa. Basically its a case of why would you?
2 Comments so far
May 21
A new study has been published that proves all the things we always thought about investment in Africa. Basically its a case of why would you?
The people who put this report together should read Kim du Toit’s post Let Africa Sink. The root problem, as present company knows well, is the political tyranny.
The report does address concerns that overlap themes of the Index of Economic Freedom.
I just found a world map that illustrates the global distribution of economic freedom. Note that every single one at 90% free or higher is in the Anglosphere. (Includes former British colonies Singapore and Hong Kong.)
The Vikingsphere seems to be the second-place bastion of econ freedom. Perhaps a legacy of the Hanseatic Leage.
Japan’s is an interesting story. It is, in Francis Fukuyama terms, a high-cooperation society, owing this characteristic in part to a geographical feature it shares with the UK: it has a very large moat. Constant threat doesn’t inspire neighborliness with strangers. Japan’s culture, combined with the political input of Douglas A. MacArthur, makes it the freest large nation in the Orient.