What Piketty has to say about Africa

My posts are published now on Africa on the Blog.

On 16 June 2014, a post was published called ‘What Piketty has to say about Africa’.

piketty-capital-21st-century

In the post, I argue that there are four main lessons from Piketty’s book that are relevant for Africa:

0 – Africa is able to catch up with the rest of the world.

1 – Foreign direct investment is not the answer for Africa’s problems

2 – Education is the answer

3 – Credible, democratic institutions are essential.

The post then questions if one can ever expect such institutions to come about in countries like Nigeria – and if it is not better to seek a peaceful transition to more logical borders for some of the countries of Africa.

Read the post…

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