What is Greenwashing and Why Do Companies Engage in it?

Greenwashing is conveying misleading or unproven claims about the positive environmental impact of a company’s product. A recent example is HSBC’s misleading advertisement which faced an immediate backlash. The banking giant rolled out an advertisement highlighting its $1 trillion investment in green initiatives. However, the Advertising Standards Authority noted the bank continues to make huge…

In Conversation with Sergei Guriev: Spin Dictators and Rising Tensions with Russia

Sergei Guriev, Provost and Professor of Economics, Sciences Po, recently joined Elias Papaioannou, Professor of Economics at London Business School and Co-Academic Director of the Wheeler Institute for Business and Development, to discuss his latest book ‘Spin Dictators: The Changing Face of Tyranny in the 21st Century’ and the conflict in Ukraine, the political environment…

Djibouti is calling for service investors

The construction of China’s first overseas military base has quickly directed the world’s attention to one of the smallest countries in the Horn of Africa – Djibouti. Currently, observers are obsessed with the military base and transit port. They have, unfortunately, overlooked the economic potential of the country with geopolitical advantage and a good natural…

Bridging the Gap: Sharing knowledge and best practices to fill the two trillion-dollar trade finance gap

The ability of credit-worthy businesses to access trade financing is essential to international trade, and in turn, the growth and development of economies around the world. However, despite its importance, experts believe there will be a trade financing gap of over $2 trillion in 2022 (Kim et al., 2021). To put this number in perspective,…

FIRESTONE: COLONIAL CONCESSIONS IN LIBERIA

Firestone: Colonial Concessions in Liberia

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…

Supporting entrepreneurs in informal ecosystems: Lessons from Alexandra

In our first two articles about the entrepreneurial ecosystem in Alexandra, we explored the typical challenges faced by microentrepreneurs and informal entrepreneurs operating in South African townships, before looking at the institutional ecosystem in which these entrepreneurs operate. Our third and final post in this 3-part series will explore the way forward: Can the disconnect…