Italy’s referendum was not an anti-EU vote. In fact, this was very much a domestic affair... The constitution is not only the building block of the republic, but also symbolises the end of fascism and all that it represents.
'Trump’s election win has all but guaranteed an interest rate rise by the US Federal Reserve later this month and opened the prospect of further rate increases in future. This would rob many sub-Saharan African nations in particular of their key financing strategy – issuing debt.'
'Donors may have chosen to stay away because the central message of the GPEDC – that countries should lead their own development, with donors in a supporting role – is now at odds with their own political realities.'
Our round-up of this week’s Nairobi summit on development cooperation: [ Ow.ly Link ]
'A £10bn increase in exposure of development finance institutions in Africa would raise average incomes and labour productivity by a quarter of a per cent, which is actually slightly above the average impact of aid overall.'
ODI's Dirk Willem te Velde writes to the Financial Times: [ Ow.ly Link ]
'Supporting women’s entrepreneurship is critical to achieving women’s economic empowerment. But too often this focuses on women in formal, growth-oriented enterprises, who are already relatively better off.'
'The vast majority of women entrepreneurs are not found in formal businesses, but in informal, survival-oriented income generation activities. They have limited opportunities to increase profitability, and limited choice in the activities they carry out.'