Africa Present and Future
Last month, the annual meeting of the Strategic Management Society (SMS) revolved around the theme "Strategies in a world of networks." Have you ever heard anyone say "connections are not important in this part of the world"? That would be quite unusual, don't you think? It's no surprise, then, that networks matter in Africa just…
Economics
The story teaches us that the rules governing the single European currency are not based on economic considerations ...
Corporate Governance
Spain was rocked last week by another ethics scandal: the use of black credit cards by the top management of the Spanish bank Caja Madrid-Bankia. (Please note: business ethics is not only about scandals; it also focuses on preserving a solid culture within business organizations and markets in order for them serve the common good.…
Africa Present and Future
A couple of weeks ago the news came out that Kenya has seen its economy grow 25% after statistical revision. Officially, Kenya is now a "middle-income country." A few months ago, a similar type of revision brought Nigeria's economy to the top of African countries in terms of the size of the economy, surpassing South…