Update on the business and political climate in Mongolia (especially relating to the mining industry) from Steve Powell (right), shown here with Mongolian President Tsakhiagiin Elbegdorj.
The Resource Curse, also known as the Paradox of Plenty, is analyzed through economic models with examples of successful and unsuccessful management in Africa and elsewhere.
Business in China is dominated by huge state-owned enterprises and is supported by a subsidized nationalistic financing system. Two videos here discuss the impact of these complementary and intertwined models as China competes globally in key sectors.
see Business VIDEO
see Financing VIDEO
Commentaries and News Articles on International Trade, Finance and Logistics ...
and on the politics, public policy issues and economics that influence these business sectors
“The Resource Curse"
South Sudan President Salva Kiir in Washington DC with former and current Secretaries of State Hillary Clinton and John Kerry to discuss the business and political climate of the world’s newest nation.
South Sudan stopped producing oil to protest Sudan’s pipeline monopoly. The World Bank (President Jim Yong Kim and Steve Powell at left), China and the US provided aid as new pipelines are contemplated and production resumes.
Ethiopia considers a Stock Exchange to complement its Commodities Exchange.
“... the Resource Curse, also known as the Paradox of Plenty. This happens when a country or region develops natural resources, like minerals or fuels, only to see
its economy stagnant or even contract ..."