Commodities have been a major driver of Africa’s growth story in recent years. But you may be surprised to hear that natural resources could have contributed far more than they actually did to Africa’s 5% average GDP growth over the last decade. Although Africa’s primary sector has expanded, its global share of natural capital dropped from 11.5% in 1995 to 8.5% in 2005.(865 words)
You’ve probably heard that silly old adage, where someone asks someone else if they “ate lead paint chips” as a child, after they did something stupid or silly. The effects of lead poisoning, however, are not silly. Many academics believe lead poisoning in children correlates to spikes in crime more than any other single factor. Granted, though it takes more than a noticeable pattern to establish causality, the meta-analysis of other factors all seem to point in the direction of lead.(657 words)
Will the world economy brighten in 2014 compared with 2013?