Unmet need for credit: Two trillion and counting

McKinsey and the International Finance Corporation offer a comprehensive assessment of the financing gap for micro, small, and medium-size enterprises in developing countries.


8 Responses to “Planning China’s megacities”

  1. Swan says:

    I think the key is to strengthen the exchange rate for African currencies to level the economic playing field needs to be carefully considered and activated once and for all. No accident has occurred historically to make African currencies weaker financially than ALL Western and Asian currencies. Also, while China has invested $5B in a Kenyan railway system, what is the economic return for China? Where is the offer of business, agricultural, and scientific technology transfer in areas where mobile tech compliment but not dominate this shift in African GDP? Otherwise, as Mazrui mentions, we continue to imperialize, impoverish, exploit, and offer Western capitalistic profit unsuited for the African condition. Is this the economic future we wish to consistently offer Africa? Consumerism? Products purchased on inferior currency, consequential digital waste, and no technology manufacturing/ transfer for increases economic and social stability? More than about jobs and consumerism the discussion ought to be about ownership. Hmmm…

  2. BillBasham says:

    What are the cost drivers for online education? I would think that there would be substantial upfront costs developing courseware and software and aquiring hardware, and the ongoing costs would be considerably less. Is it likely that the cost of a 4 year online degree will drop over time?

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