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’.
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.