National Foundation for Australia-China Relations (NFACR) 澳中基金会’s Post

African Development

Often, we attempt to solve a problem and inadvertently create new problems. For example resolving energy issue in Pakistan. The solution for energy issue we found has collapsed whole economic system. While we never intended to cause any damage, our focus on solving one problem – without the ability to understand the ramifications of intervening in the complex system that surrounds it – creates other problems. Our politics, economy, law and order, information regime, railway, police, tax reforms, education, health has met the same fate. Development economics is foundation stone of equal opportunities to all. Successful development both requires and leads to the expansion of human freedom.The freedom-centered perspective means equal opportunities to all for improvement in quality of life. At the heart of freedom approach is the concept of “capabilities,” or the capacity to perform the functions that comprise a good life. Industrial growth can only be optimally used if we have a trained human resource.

Industrial policy | Africa in the age of re-globalisation Rafiq Raji & Amit Jain Nanyang Business School 26 Jan 2024 From an African perspective, we observe two eras of globalisation - An old economy globalisation in which Africa was, at best, a bystander and, at worst, a source of extraction. Then there is the new economy globalisation in which Africa need not merely be a supplier of critical natural resources but also be an active intermediary in the manufacture of finished goods and provider of services. We recommend the following: 1. Aggressively pursue green industrialisation 2. Exercise full sovereignty over digital assets 3. Use single market for collective bargaining https://lnkd.in/e_ScP_c2 # africa tech climate trade economics industrial policy

Industrial policy | Africa in the age of re-globalisation Rafiq Raji & Amit Jain Nanyang Business School 26 Jan 2024 From an African perspective, we observe two eras of globalisation - An old economy globalisation in which Africa was, at best, a bystander and, at worst, a source of extraction. Then there is the new economy globalisation in which Africa need not merely be a supplier of critical natural resources but also be an active intermediary in the manufacture of finished goods and provider of services. We recommend the following: 1. Aggressively pursue green industrialisation 2. Exercise full sovereignty over digital assets 3. Use single market for collective bargaining https://lnkd.in/e_ScP_c2 # africa tech climate trade economics industrial policy

I applied to the MSc Development Management at The London School of Economics and Political Science (LSE) because of the Consultancy Project. Students get to work on a consultancy project with multinational organizations with the international development sector. Over the past six months, I was working with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH alongside my classmates on a topic that is extremely critical for countries faced with the dilemma of pursuing economic growth while mitigating against negative environmental impacts. It was a fantastic experience working on the topic and delving deeper on three case studies; Ghana , Kenya and Morocco ,all with diverse experiences in green transition. I would love to hear your thoughts on whether green industrialisation is a feasible path and what that looks like? And the come back of industrial policy? #greentransition #industrialisation

I am delighted to share that my article has been published online-first and is now accessible through the following link: https://lnkd.in/espbyJt5 It will also feature in an upcoming issue of The International Journal of Social Sustainability in Economic, Social, and Cultural Context. This publication represents a significant milestone in my ongoing research into social sustainability through systematic legal analysis, and policy advocacy. I am excited to contribute to the academic discourse on this critical issue. My fellow co-authors and I go further as we provide actionable steps to address imbalances within global financial systems; addressing poverty, inequality and working towards the achievement of the UN SDG’s. I encourage my network to read the article and engage with the content. Your insights and discussions would be invaluable and greatly appreciated as we explore these vital topics together. Please feel free to share your thoughts, feedback, or questions either here on LinkedIn or directly through the journal’s forum. Thank you for your support and engagement! If you know someone that might be interested in the topic, hit the share button. Fellow Researchers: Malcolm Weaich Prisca Simbanegavi (PhD) Pride Ndlovu Institutional Support: Arden University University of the Witwatersrand Universidade de Aveiro University of KwaZulu-Natal University of Oxford Harvard University University of Pretoria #SocialSustainability #WorldBank #IMF #AcademicPublishing #ResearchImpact #InternationalLaw #UNSDG #CorporateGovernance

You won't want to miss this insightful article on the role of local content and small to medium enterprises in Sub-Saharan Africa's industrialization. by Rene Roger Tissot Despite many efforts, industrialization in the region has remained elusive, leaving it at risk of being left behind in the global economy. But recent historic levels of growth have presented an opportunity for policymakers and researchers to explore natural resource-based industrialization strategies. Check out the article to learn more. #SubSaharanAfrica #industrialization #economicgrowth #localcontent #SMEs

Recommended read by IfM's friend Ha-Joon Chang and our very own Mateus Labrunie on Timor-Leste's development challenges: ⚪ "Timor-Leste serves as a prime example of the difficulties faced by small island developing states (SIDS) in achieving their development goals. ⚪ Timor-Leste’s situation would be like that of any other small oil-dependent country if it were not for one simple, albeit dramatic, fact: the country’s oil is ending.  ⚪ The journey towards diversification may not be easy, but SIDS should not be disheartened... Timor-Leste, in particular, is in a prime position to undergo an economic transition." UNIDO The ASEAN Secretariat Institute for Manufacturing (IfM), University of Cambridge IfM Engage

Successfully completed the Indian Economic Trade Organization's (IETO) delegation to Jamaica. It marks a significant milestone in the strengthening of economic ties between the two nations. The discussions and MoU signings covering diverse sectors ranging from pharmaceuticals to education and film industry development herald a promising future of collaboration and mutual growth. Business Interaction Session: An Overwhelming Response The Indian High Commission in Jamaica organized a Business Interaction Session, witnessing an enthusiastic response from local businesses. Around 200 representatives from approximately 70 Jamaican companies actively participated, exploring potential business opportunities and setting the stage for ongoing dialogues. Empowering Education: MOU with the University of the Commonwealth Caribbean Exploring Agricultural Collaborations: Agro-Investment Corporation and Coffee Traders Limited Unveiling Film Industry Potential: Jamaica Film Commission (FCJ) and JAMPRO Strengthening the Tourism Sector: Jamaica Tourism Board (JTB) Paving the Way for Future Cooperation: Ministry of Foreign Affairs and Ministry of Industry, Investment, and Commerce (MIIC) Strengthening Healthcare Ties: Seven 10 Pharmaceuticals and LASCO-Pharmaceuticals