Firestone is one of the oldest and largest natural rubber plantations in the world. Founded in 1926 in Liberia by Harvey Firestone, the plantations continue to provide employment for thousands of Liberians to date. Till Trojer, a post-doctoral researcher at the Wheeler Institute, anthropologist and filmmaker, travelled to Liberia last year in May to film…
A recent event of the Royal African Society (RAS) and Standard Chartered saw Bill Winters, CEO of Standard Chartered, in conversation with Arunma Oteh, OON, Chair of the RAS, about how to fund sustainable growth in Africa. The event was supported by the Wheeler Institute and the LBS Africa Club. Africa’s massive financing gap The…
African History through the Lens of Economics, an innovative, open-access, online course which attracted over 27,000 people from across the world, explored how history has shaped and continues to influence domestic policies and economic development in Africa. A reflective essay by David Jones, MBA 2022 graduate from London Business School and intern at the Wheeler…
Promoting evidence-based practices to enable solutions scaling by business The operation of urban land markets in developing countries is critical to building sustainable cities. Sub-Saharan Africa is experiencing rapid urbanisation, pressuring cities with limited institutional capacity. Challenges include inadequate provision of housing, a proliferation of slums and rising inequality. Many African countries suffer from weak…
Evidence from multinational firm presence in developing countries The challenge Multinational firms account for a significant part of resource allocation in the global economy. This is a particularly important issue in developing countries. Multinational firm investment in developing countries can often be associated with growth, however, these firms are often accused of exploiting local markets…
Examining the success of school expenditure in terms of economic payoff Africa has witnessed an unprecedented increase in access to education in the past decades. Nonetheless, manufacturing employment is tiny, innovation is weak and many large corporations ‘complain’ that there is a skill shortage. Thanks to large-scale school construction throughout the continent, many more children…
Evaluating a private-sector initiative to increase technology adoption Of the 14% of the world’s population that live without access to modern electricity, 95% live in sub-Saharan Africa and Asia. Studies have shown that clean-energy technologies such as solar-powered lighting and cook stoves can increase income and save household energy costs in emerging markets. Rooftop solar-technology…
A field experiment on solar power adoption in off-grid Uganda Over a billion people live without access to modern electricity today, including 75% of the population of Uganda. Rooftop solar technology is providing a revolutionary alternative to grid-based electricity and has garnered great investor attention in the last few years, with studies showing that clean…
The political economy of land and labour in sub-Saharan Africa How resources and wealth are distributed among the population has fundamental implications for welfare. When markets and institutions fail, power relationships between groups shape allocation of resources and yield to inefficient outcomes. These issues are particularly salient on the African continent. Economic inequalities between ethnic…
