Economics
Everyone is uneasy about the electoral victory of Syriza in Greece and the threat of populism in Europe. The media has been buzzing for days now with comments and analysis, largely talking about what Syriza should do, what should be done by the European Union, Germany, the International Monetary Fund... the consequences of the policies…
Leadership and People Management
“Opposites attract” is an expression that has been popular for ages. I am sure we have all heard it in relation to romantic relationships, and reflected on whether the differences between people and the diversity in their personalities, interests, and backgrounds complement or challenge a relationship. A quick browse in the Internet reveals that there…
Strategy
Great news! . This is according to a perspective paper by Ralf Krüger and Ilan Strauss published by the Columbia Center on Sustainable Investments. So it looks like African development is finally beginning to come from within the continent. Over 400 Africa-to-Africa projects (which I like to call intra-African development projects) were carried out between January 2003 and January…
Finance
A key concept at the heart of financial theory is the “risk-free rate.” The idea is simple: the rate at which you would lend money to a very secure borrower, one with 0% probability of default. If you lend money to a riskier borrower (one with some probability of default) you would charge a “risk…