Via Bloomberg, an article on Indonesia’s quick economic growth: Five years ago, property agent Daisul Akhyar took 20 minutes to drive to work in Pekanbaru, capital of Indonesia’s Riau province. Now, he can spend two hours in traffic after a surge in wealth transformed the city. “If you live in Riau now, it’s like living […]
Read more »Via Outside Magazine, an interesting profile of the new country of South Sudan, a nation blessed with oil, water, and a safari bonanza but without roads, laws, or infrastructure: A Cattleman from the Mundari tribe rubs hash on his face to protect himself from insects in a cattle camp on the road thirty-eight kilometers […]
Read more »Via STRATFOR (subscription required), an interesting report on Egypt’s economic woes: Cairo’s growing dependence on financial assistance from neighbors underscores just how desperate Egypt’s economic situation has become. The worry now is that Egypt could collapse politically and economically, and that the ensuing instability could spread westward across the Maghreb and eastward across the Sinai […]
Read more »Via How We Made It In Africa, a detailed look at Mozambique: After almost two decades of civil war, Mozambique is rapidly emerging as one of the fastest growing economies in Africa. Economic growth is expected to average around 8% over the next few years, inflation is slowing from 8% in 2012 to an estimated […]
Read more »Via Foreign Policy, an updated look at Mongolia’s economic performance of late: As I suspect others with a professional interest in Mongolia’s transition to democracy and capitalism have found, the country seems to attract attention in a predictable cycle. On the up side, some peripatetic journalist based in Beijing with time to kill discovers the […]
Read more »Courtesy of The Financial Times, an article on a high-speed rail project between Laos and China: It looks like Laos, China’s tiny landlocked southern neighbour, is about to find out whether sharing a border with China is a good thing. Laos has two things China needs – natural resources such as potash and hydropower, and […]
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