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Showing posts with the label shared prosperity

Investing in Africa Makes Your Day

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Deep within Nigeria's and Africa's inundating socio-economic problems lay streams of opportunities and potential for socio-economic strengthening. However, more often than not, a considerable majority of indigenous populations, who may be without visionary perspectives, merely bemoan the numerous challenges. Thankfully, the inflow of human capital and financial capital from oversea territories increasingly serve to jolt local sleeping giants to action. For instance, soon after a stream of foreign-owned firms expanded the output of the Nigerian telecommunications sector at the turn of the century, an indigenous telecommunications firm emerged to claim part of the market share. Moreover, several cases of knowledge spillovers from 'foreign presence' in various industries are apparent in the recent development history of Rwanda, Madagascar, and Kenya amongst others. In the light of these, foreign direct investment as well as portfolio inflows to Africa's largely untappe

Parents for Development

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Amidst a billion voices on the planet, those of a child's parent stand out. Apparently, parents are principal lifelong educators. Global governance institutions observe and understand the primary role of parents and families in the unselfish care, nurture, and protection of children.  More important for manpower planning, as global migration trends indicate, countries with family-friendly systems and structures are more likely to attract global talent. To this end, enterprise management systems and policy interventions that esteem household governance and agency are critical. In the Finnish model of formal education, where schooling begins at the age of seven, parents have ample opportunities to guide early psychosocial, intellectual, and educational development of children. Also, principles of cooperation, not competition, aid the training of children for the real world of community life and work. In order to create a global society of wholesome people who work for peace and share

Social Media and the Economics of Words

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A proliferation in the use of social media has increased the rate at which news and information spreads across communities in the shrinking global space. Throughout history we can observe how careless words have resulted in war and conflicts as well as how thoughtful and soothing words have promoted peace and reconciliation.  While some economic agents seek to sell products, ideas and information fast, many may also use fake news and information to attract traffic to their web pages. During times like this, when societies and households are hurting from effects of the COVID-19 pandemic and internal conflicts in their economies, the world needs healing and restoration of lost fortunes. In 2021 and beyond, even as we employ social media tools to advance our noble causes, let us express our true humanity via our daily demonstration of love, joy, peace, patience, kindness, gentleness, goodness, self control and meekness. Moreover, while we employ social media tools to advance our noble cau