The heart of economic growth is an expanding subsistence fund, or the pool of real savings. This pool, which is composed of final consumer goods, sustains individuals in the various stages of the production process. The increase in the pool of real savings permits the expansion and the enhancement of …
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Africa’s Sahel Region: Enter Russia’s Wagner Group to Make It Worse
Sahel states such as Mali do not possess the essential services to deliver to their impoverished and ethnically divided constituents. These economic and social shortcomings render national governments vulnerable to the challenge posed by sub-state jihadist groups affiliated with the Islamic State and Al Qaeda. The decline in security not …
Read More »China Cements its Position in the Middle East
Saudi Arabia is now not only one of China’s most important suppliers of energy, but the kingdom is also an important link in China’s Belt and Road Initiative (BRI) — a gigantic global development project to enhance China’s global influence from East Asia to Europe by making countries worldwide increasingly …
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