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looking beyond borders

foreign policy and global economy

Archive for the tag “Africa”

Three Myths About China’s Investment In Africa And Why They Need To Be Dispelled

Three common misconceptions in Western media and policy circles about the nature of China’s involvement in Africa interferes with US policymakers’ ability to craft and implement an effective Africa strategy. Debunking these myths will foster a more constructive understanding of Beijing’s interactions with the continent and allow the United States to focus on areas of competitive advantage.

Read Here – World Economic Forum

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The Water Crises Aren’t Coming—They’re Here

Photo courtesy: Asian Development Bank

For eons, the earth has had the same amount of water—no more, no less. What the ancient Romans used for crops and Nefertiti drank? It’s the same stuff we bathe with. Yet with more than seven billion people on the planet, experts now worry we’re running out of usable water. The symptoms are here: multiyear droughts, large-scale crop failures, a major city—Cape Town—on the verge of going dry, increasing outbreaks of violence, fears of full-scale water wars. The big question: How do we keep the H20 flowing?

Read Here – Esquire

Rethinking Belt-And-Road Debt

More than 75 nations participate in China’s Belt and Road Initiative, launched in 2013 to develop trade and connect Asia, Africa, the Middle East and Europe with ports, roads and railways. But some countries worry about adding to already heavy debt burdens, and some projects have become an issue in local politics. Among the most vocal critics is Malaysia’s Prime Minister Mahathir Mohamad who has warned about a new colonialism.

Read Here – Yale Global

Emerging Vulnerabilities In Emerging Economies

For many emerging economies, it is imperative to pursue a rebalancing of growth patterns, with a more active approach to managing debt and capital flows and their effects on asset prices, exchange rates, and growth. Otherwise, the dangers of unsustainable growth patterns will bring expansion to an abrupt halt.

Read Here – Project Syndicate

Modi’s African Outreach Picks Up In Rwanda, Uganda, And South Africa

Indian Prime Minister Narendra Modi with the President of Uganda, Yoweri K. Museveni, in Kampala, Uganda on July 24, 2018. Photo/PIB

India’s links with Africa are centuries old, bolstered by trade across the Indian Ocean and a million-strong diaspora across Africa. Shared colonial legacy and post-independence development experience has framed India’s relationship with Africa. India’s role as a champion of anti-colonialism and anti-racism after its independence in 1947 drew it closer to the African nations. India emerged as one of the most vocal critics of apartheid in South Africa.

Read Here – The Diplomat

Xi Jinping Heads To Africa To Clinch China’s Hold Over The Continent

Chinese tourists in South Africa. Pix/LBB

Chinese President Xi Jinping heads to Africa this week as Beijing moves to further cement its role as one of the continent’s closest economic and diplomatic allies. After a brief stop in the Persian Gulf Thursday, Xi’s itinerary — his first overseas trip since beginning his second term as leader — takes him to Senegal, Rwanda, South Africa and Mauritius, spanning almost every corner of Sub-Saharan Africa, where China’s economic clout, and strategic ambitions, are growing by the year.

Read Here – CNN

 

How To Resolve Europe’s Political Crisis Over Migration

Since the European Union’s migration crisis peaked in 2015, the number of illegal migrants arriving in the EU has fallen by 95%. Migration challenges remain, and reform of the EU’s methods for managing immigration is desperately needed, as the recent scandalous treatment of the Aquarius rescue vessel, which Italy and Malta turned away, made all too clear. But the timing of the immigration talks held by European leaders in Brussels last month was more a reflection of domestic political crises than a response to a spike in new arrivals.

Read Here – Project Syndicate

The Queen’s Favourite Club

Indian Prime Minister Narendra Modi with other Commonwealth leaders at a retreat at the CHOGM 2018. Photo/PIB

Is there anyone in the world who has known as many international leaders as the Queen? Theresa May might be her 13th prime minister, but that pales into numerical insignificance when one adds up all the Commonwealth leaders she has met. In the independent realms where she is, or has been, head of state she has racked up almost 180 prime ministers. Even that number is dwarfed when you consider all the other presidents, chiefs, generals and autocrats from the Commonwealth’s 53 member states. Along the way she has encountered generations of Trudeaus, Bandaranaikes, Kenyattas and Nehru-Gandhis, among others.

Read Here – Chatam House 

Also Read: What Next For The Commonwealth?

Is China’s Belt And Road Infrastructure Development Plan About To Run Out Of Money?

China’s ambitious plan to recreate the old Silk Road trading routes across Eurasia and Africa is facing a serious financing challenge, according to the country’s senior bankers and government researchers.

Read Here – South China Morning Post

China Launches Mega Aid Agency In Big Shift From Recipient To Donor

China is laying the groundwork for a new aid agency to oversee its massive – and opaque – foreign aid programmes as Beijing closes in on Washington as the world’s biggest donor. The new agency, the International Development Cooperation Agency, will answer to China’s highest executive body, the State Council, and consolidate roles that had been between divided between the ministries of commerce and foreign affairs.

Read Here – South China Morning Post

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