The New Silk Road is China’s latest and most ambitious attempt to foster economic relations: two proposed trade routes, one sea-based and one land-based, that seek to integrate Central and South Asian economies with China and Europe. The Maritime Silk Road makes stops in South Asia before it circles over to Nairobi and then, throughout Europe. […]
International development aid for underdeveloped countries has traditionally been looked upon as a form of charity by Western nations, including the United States. The idea of giving to poor African or Latin American countries is one that resonates in the minds of most Americans. The results of aid, however, have been terrible. Development aid has […]
Perhaps rapid development of Asian countries and the simultaneous downturn in Europe and the United States overshadows growth rates in Africa, which are projected to be the fastest growing over the next decade. However, growth has spread throughout Africa, and while poverty and corruption are still rampant, millions of people are doing better economically speaking […]
