developing countries
In this column, Demba Moussa Dembele, director of the African Forum on Alternatives in Dakar, analyses the geopolitical reasons behind the recent summit in Washington between African leaders and the U.S. President and concludes that Africa has become the “new frontier” of global capitalism.
In this column, Yilmaz Akyuz, chief economist of the South Centre in Geneva, argues that in recent years developing countries have lost steam as recovery in advanced economies has remained weak or absent due to the fading effect of counter-cyclical policies and the narrowing of policy space, and he recommends measures to reduce the external financial vulnerability of the South.
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