Devex Newswire: Ajay Banga's ambitious plan to electrify Africa ...
devex.com
Devex Newswire: Ajay Banga's ambitious plan to electrify Africa ...
Any discussion of South Asia begins and ends with India. In addition to its rising population, India’s economy is large and growing, in recent years at the robust rate of around 7 percent annually. India’s economy is the world’s seventh largest and will soon be in the top five, trailing only the United States, China, Japan, and Germany (overtaking
... See moreThis new age of globalization, like the past ages, will create new patterns of global economic activity, jobs, lifestyles, and geopolitics. This new age arrives together with another fundamental development: a human-caused ecological crisis hitting the planet. The dramatic successes of globalization during the past two centuries have sown the seeds
... See moreAnd while countries like China and South Korea benefitted from the global relocation of production after the 1970s, the same will not hold true for today’s lower GDP countries like Bangladesh and Indonesia. This time, capital’s ‘fix’ is primarily technological rather than spatial. That has stark implications for how poorer countries might navigate
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