Category Archives: Economy

There is probably an interesting story here: Mayor of Ouagadougou “fires” all the youth employed at quasi-minimum wage ($75 per month) working as traffic guards (they are really helpful)

Pour le président du conseil municipal de la commune de Ouagadougou, c’est un manque de respect et de reconnaissance à l’endroit d’un gouvernement qui a été à l’origine de la mise en œuvre du projet en fin 2010. Si Marin … Continue reading

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Sahel climate change alarmism

I got in a good Twitter back and forth with Michael Boyce of Refugees International…. what is right characterization of livelihood change in Sahel… @MP_Boyce Compare rainfall/temp dist 1960-90 http://tinyurl.com/jw9bz7x  with 1990-09. Basically the same, no? #Sahel more complx than … Continue reading

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Encore des voitures de $100,000?

Vraiment je ne comprends pas la Banque Mondiale…Peut-être le car de transport ca se vend a $100,000, mais des 4×4?  Et plus généralement, si le secteur minier et “porteur” pour le gouvernement, pourquoi la Banque ne refuse d’octroyer des crédits … Continue reading

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Why am I so skeptical about the cost – benefit outcome of the MCA rural land tenure project?

To me, after having seen the Programme Nationale de Gestion de Terroirs (PNGT), it seems like more of the same: a huge chunk of the budget goes into the shadowplay of per diems and training sessions, and everyone knows that … Continue reading

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Down to a more reasonable $33,000 per car – Compte rendu du Conseil des ministres du 28 mai 2013

Better than the $100,000 cars…. almost reasonable.  I still think the country ranked #174 out of 178 in HDI could buy $10,000 cars for government officials to go about their business in what is essentially a single city.   Heck we’ve … Continue reading

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No shortage of dumb aid and dumb reporting

Actually it isn’t that hard to do good.  About the same as not being dumb.  FAVL is run by two PhDs… come and report on us, we dare you.  Whassa matter, Ouagadougou too scaaaary???? My ten year old can handle … Continue reading

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Good growth in Burkina Faso… all those children are working in the gold mines instead of tending goats.

Ms. Laure Redifer, IMF mission chief for Burkina Faso, issued the following statement in Ouagadougou today: “Despite external shocks, economic activity in 2012 was robust, with estimated GDP growth reaching 9 percent, due to a strong 2012 agricultural harvest, stronger … Continue reading

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Mining industry and transparency in Burkina Faso

Shocked… the whole point of EITI is that civil society push government and industry into more transparency… this news story on a meeting yesterday (notice the prominent World Bank logo on the banner… another 200.000 FCFA wasted on a banner)…. … Continue reading

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PM in Burkina Faso visits construction projects

State-led development still has its place…. government organizes planned urban development, building 1500 housing units in Bassinko north of Ouagadougou on road to Yako then selling them to individuals (chosen at random supposedly in a lottery) who have to obtain … Continue reading

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Joe Penney on Burkina Faso and Mali… beautiful photos, but the accompanying sentence is disingenuously wrong

Not sure what metric Joe Penny uses for the “no development” criteria.  Burkina Faso is still way at the bottom on the global scale of human development, but that is not the same as no development.  There has been very … Continue reading

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What are teachers and students striking for in Burkina Faso?

C’est pour toutes ces considérations que nous attirons une fois de plus l’attention de tous les acteurs de l’éducation dont l’Etat autour des problèmes ci-dessous : 1. La construction d’infrastructures dans les différents ordres d’enseignement ; 2. L’amélioration des conditions … Continue reading

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After Fair Trade Coffee, Fair Trade Shea

In Econ 1 we call it monopsony, and monopsonists are bad people… that’s why they have to talk about “empowering women”… so they can feel good about buying BMWs and other luxury vehicles with the money they got using their … Continue reading

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Elie Justin Ouédraogo on the EITI process in Burkina Faso

A classic EITI obfuscation: the issue is what the government does with the money, and not whether the mining sector is being taxed too lightly. S : La transparence est très recommandée dans le secteur minier. Où en est-on avec … Continue reading

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How to understand African economies like that of Burkina Faso

National statistics tell one part of the story, and Burkina Faso’s GDP per capita has been fairly steadily growing at about 2% per year for 20 years (but starting at a $500 per person base, that means the country is … Continue reading

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Moretti becomes the go-to geography pundit, and what does it mean for Burkina Faso?

I see Enrico Moretti’s name more and more, he’s on track to join the glitterati celebrity intellectuals…  Here is is on the role of agglomeration in human capital The key to economic success? Geography – Global Public Square – CNN.com … Continue reading

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“Decolonizing the Franc Zone” by Sanou Mbaye makes me wonder if true

As a result, there is no need to devalue the currency again, unless France unilaterally decides to do so, as it has several times over the past decades. From the end of World War II until the adoption of the … Continue reading

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