GovInn’s Director Lorenzo Fioramonti published ‘How boosting small businesses will help soften disruptive effect of machines‘ in the Business Day.
In the award-winning book Rise of the Robots, futurist Martin Ford argues that automation will lead to widespread job losses, not only in the traditional blue-collar sectors, but also among white-collar workers. Conventional production chains and large industries have indeed invested massively in automation in the past few years. A study by McKinsey shows that many companies recovering from the 2008 financial crisis have replaced retrenched workers with machines, thus leading to “jobless” recoveries.
The political phenomenon of “mantashe-ing”, which means changing your views regularly for convenience at the expense of rationality, has taken a new meaning. The verb to “mantash” entered the lexicon as a fitting recognition of the extraordinary chameleonic skill of Gwede Mantashe, the secretary general of the governing ANC.
Read the full article here: http://www.news24.com/Columnists/Mpumelelo_Mkhabela/secret-ballot-mantashes-decree-is-unlawful-20170804
GovInn’s Director Lorenzo Fioramonti was interviewed by Radio 702 on ‘Smart redistribution’ can make life better for everyone (including The Rich)’.
It’s hard to have a rational discussion about redistribution in South Africa. So says Lorenzo Fioramonti, Professor of Political Economy and Director of the Centre for the Study of Governance Innovation at University of Pretoria. More often than not, frank debate is tainted by ideology, political score settling and, perhaps, a bit of racism.
If we are serious about building a bright future for South Africa, says Fioramonti, we need to bridge cultural and ideological divides.
Listen to the full interview here: http://www.702.co.za/articles/266784/smart-redistribution-can-make-life-better-for-everyone-including-the-rich
GovInn’s Senior Researcher Nelson Alusala published ‘Why Kabila’s bid to remain in power is bad news for the Democratic Republic of the Congo‘ in The Conversation.
President Joseph Kabila of the Democratic Republic of the Congo has barely five months to save his 17-year regime from a cataclysmic ending. According to the 31 December 2016 all-inclusive political agreement, Kabila should organise elections and hand over power. But in a recent interview, Kabila said he wasn’t going to “promise anything” on when he would leave office. This stand is in violation of the political agreement brokered by the Conférence Episcopale Nationale du Congo (CENCO).
GovInn’s Senior Researcher Nelson Alusala published ‘ISS Today: The DRC’s natural resources still awash with blood‘ in the Daily Maverick.
In the Democratic Republic of the Congo (DRC), mining communities mostly depend on their ability to sell what they mine to make a living. So they explore all options to reach markets – and in this game, the price dictates the source. Mining-trade middlemen in Goma, interviewed by the Institute for Security Studies (ISS), say minerals sourced from non-compliant mines cost one and a half times less to buy than conflict-free-certified minerals. They therefore prefer to buy the former, eschewing regulatory measures such as the Dodd-Frank Wall Street Reform Consumer Protection Act (Dodd-Frank Act).
Read the full article here: https://www.dailymaverick.co.za/article/2017-07-24-iss-today-the-drcs-natural-resources-still-awash-with-blood
In the near future, we will have a variety of money with different qualities and different purposes. This will make economies more resilient against shocks and will support more equitable and sustainable development, by putting users in the driver seat and reinforcing local economic development.
You can read the entire article here.
The recession has come as a cold shower to policy makers and their economic advisers, but only because they decided to ignore the facts. Whether they chose so out of expediency or sheer ignorance, I don’t know. About five years ago, I started writing about SA’s myopic approach to economic growth, predicting GDP would contract annually, leading to a recession in the middle of 2017.
Read the entire article here.
GovInn’s Directors Lorenzo Fioramonti published the article ‘As Trump smacks the climate, world must do better to save planet‘ in The Conversation.
As Donald Trump’s America drops out of the Paris Agreement, it’s high time to ask whether conventional approaches to sustainable development are enough to deal with the multiple crises facing the world. A shift to a “green economy” is essential to reduce greenhouse gas emissions. But more is needed to build truly sustainable economies, which not only curb emissions, but also drastically reduce all the negative impacts on nature and society.
South Africa is experiencing a period of political and economic turmoil that has consequences for the country’s focus and consistency in its international relations, including with respect to the EU.
Read the full article here: http://carnegieeurope.eu/strategiceurope/70016