@gyude_moore Profile picture

W. Gyude Moore

@gyude_moore

Fmr. Minister of Works (Liberia); -Infra., governance; Africa

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Pinned

My @TEDxEuston talk is up. We can transform the economic and social landscape of Africa through what I am calling a "Brown Revolution", improving the most fundamental of technologies: ROADS. youtu.be/p7F8KO4o6hU


“…Despite all this—or perhaps because of it—Trump won a popular majority. When the rest of the world looks at Trump, they will no longer see an aberrant exception to American exceptionalism; they will see what America stands for in the 21st century.” foreignaffairs.com/united-states/…


“As America borrows, raises tariffs and grows, the dollar will strengthen. That will dampen trade. It will also lead to higher interest rates and greater dollar-debt burden in developing countries.”

Donald Trump’s appointments attest to his desire for disruption, a hard line on China and absolute loyalty. With such a concatenation of signals, you may wonder what is about to happen to the global economy. The answer comes in three instalments econ.st/3YS5Dnt 👇



"He said productivity in Europe grew more slowly than in the U.S. because even though the two markets were comparable in size, the European one was highly fragmented, with trade barriers between the EU's 27 countries that did not exist in the U.S.."

Cross-border challenges widen wealth gap between Europe and US, IMF study finds reut.rs/3USedBv

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💯 Fancy speeches notwithstanding- industrial clustering is not a lucky coincidence

And these places don’t have established infrastructure — reliable/affordable power, ports, airports, etc. — or regulatory regimes — customs, laws, tax frameworks — that make it easy, affordable and low-risk to do business.



W. Gyude Moore Reposted

Koreans now run 10,000 businesses in Vietnam, a figure that has doubled in about eight years. Economically, the impact is hard to overstate. eu1.hubs.ly/H0dF64K0

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“Chinese electric vehicle makers are opening flagship stores and assembly plants in Africa as they look to expand on the continent and circumvent tariffs and other import restrictions imposed by the US and Europe.“| South China Morning Post scmp.com/news/china/dip…


W. Gyude Moore Reposted

Hyundai takes on BYD in Japan with sub-$26,000 compact EV Competition heats up in market where prices have stymied electric shift s.nikkei.com/4fIz02r


Seeking New Markets, African Exporters Bet Big on China Expo - “From shea butter from Ghana to pineapples from Benin to baobab flour from Mali, this year’s fair features agricultural exporters from several African countries.” @SixthTone; sixthtone.com/news/1016160


“…including discussing how to pay for it and weighing a national emergency declaration that would allow the incoming administration to repurpose military assets to detain and remove migrants.” msn.com/en-us/news/pol…


Ghana raises cocoa farmgate price again - “…cocoa farmers would now receive 49,600 Ghanaian cedi ($3,062) per metric ton compared with the 48,000 Ghanaian cedi announced when the season opened on Sept. 1.” reuters.com/markets/commod…


Chinese firm opens steel manufacturing plant in Zambia - “The Powerful Diligent Veracious (PDV) Metals Limited Steel plant, with a capacity to produce 300,000 metric tons of steel, is situated in the Lusaka South Multi Facility Economic Zone” en.people.cn/n3/2024/1109/c…


Roundup: African nations urge enhanced cooperation on mineral value addition - “Mineral exploitation without value addition does not adequately contribute to employment creation, poverty reduction, and sustainable economic development," Caholo said… english.news.cn/africa/2024110…


From sesame to mutton: African agricultural products accelerate entry into China market- “African agricultural exports to China reached 28.47 billion yuan (about 4 billion dollars) in the first eight months of this year, marking a YOY increase of 4.8%…” en.people.cn/n3/2024/1109/c…


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