Disparity

Niger's Balancing Act: Local Empowerment vs. Foreign Influence In a noteworthy move reflecting the nuances of international business dynamics, Niger has expelled three Chinese executives against the backdrop of a heated debate over salary discrepancies between expatriate staff and their local counterparts. This action, as stated by Oil Minister Sahabi Oumarou, underscores a broader narrative of economic empowerment and equity. It’s often posed as a rhetorical question, but it begs a direct answer: Who benefits more from…

The world's prosperity gap, a measure of the disparity between average incomes and a target of $25 per person per day, has stagnated ever since the pandemic began. Why, you might ask? The culprit seems to be a dual assault of dwindling economic growth and an uneven income distribution among countries. While it’s easy to blame this on external shocks, could it be a call for introspection on how intertwined our economies really are? Achievements are not made overnight. Here's a compelling statistic: between 1990…