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Economic Diversification in Africa: How and Why It Matters

Carnegie Endowment for International Peace Source: Getty Summary:  Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also makes these countries part

Economic Diversification in Africa: How and Why It Matters

Carnegie Endowment for International Peace Source: Getty Summary:  Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also makes these countries part

New retail building replacing former Fifth Third Bank in Novi

What struck me when I first looked at this project was the fact that it . this is completing the development theme that Novi is trying to establish along Novi Road, said Landry, a former Novi mayor. We are taking a building which was formerly set back, bringing it up to the road, and we are eliminating two curb cuts along Novi Road, which I think is huge. Bringing the building up closer to the road will match the development to the south built on the former Kim s Garden Restaurant that currently houses Panda Express, Mattress Firm and Spectrum. There was no word during the meeting of which businesses may locate in the building. The development would need some approvals from the city s Zoning Board of Appeals, something Landry said should happen in February. 

Gun sales hit record in 2020, driven by pandemic, protests, politics | Cronkite News

Arizona PBS Dec. 18, 2020 With one month left in the year, background checks for gun purchases in Arizona have already set a record. Experts attribute the spike to worries about the pandemic, a summer of unrest and presidential politics. (Photo by David Landry/Creative Commons) WASHINGTON – Background checks for gun purchases in Arizona hit their highest level ever in 2020, driven by an unprecedented convergence of a pandemic, a summer of national unrest and a presidential election, experts said. With a month left to go in the year, 610,911 background checks had been performed in the state through November, well over the 372,912 done in all of 2019, according to FBI data.

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