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Global Water Security

Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent

A common perception is that Africa is a drain on global finances. Yet Africa is a net creditor, report Léonce Ndikumana and James K. Boyce in their book, Africa’s Odious Debts. The continent is a victim of capital flight, as funds from foreign aid, development loans and resource extraction are siphoned out of countries to bank accounts of the elite. Impoverished African citizens are then responsible for repayment of massive debts.

Through the Eyes of Tiger Cubs: Views of Asia’s Next Generation

In this collection of 80 essays, Asia’s so-called Tiger Cubs – the post–Cold War generation – share views on the continent’s future. Asia’s Challenge 2020 essay contest run by the Asia Business Council, Time and the Lee Kuan Yew School of Public Policy at the National University of Singapore asked young writers to address the most serious problem confronting the continent. One threat to Asia’s prosperity could rest in short-term, materialist thinking, with economic success eroding traditional values, consumerism leading to unhappiness in the midst of prosperity.

Organizational Homophily in International Grantmaking: US-Based Foundations and their Grantees in China

Divided We Stand Why Inequality Keeps Rising: Emerging Economies (EE)

Making Globalization Socially Sustainable

Storming the World Stage: The Story of Lashkar-e-Taiba

Lashkar-e-Taiba is among the most powerful militants groups in South Asia and increasingly viewed as a global terrorist threat on par with al-Qaeda. Considered Pakistan’s most powerful proxy against India, the group gained public prominence after its deadly ten-person suicide assault on Mumbai in November 2008. The Mumbai attacks placed Lashkar-e-Taiba high on the list of the world’s most fearsome terrorist groups.