Fletcher School Professor Kingsley Moghalu will deliver the keynote address at the 2017 edition of the prestigious Le Rendez-vous du Commerce International (International Business Conference) on January 10, 2017 at the Olympic Museum in Lausanne, Switzerland. The high-level annual conference is jointly organized by the Swiss bank Credit Suisse and the Swiss state corporations Swiss Export Risk Insurance (SERV) and Switzerland Global Enterprise (S-GE). Professor Moghalu will speak on the topic “Outlook Africa 2017: How to Cope with Weak Commodity Prices”.
The conference, the fifth since its inception in 2013, will be attended by 200 chief executives of major Swiss international companies, and will be moderated by the Swiss television anchor Olivier Dominik of RadioTelevision Suisse (RTS). Keynote speakers at previous annual editions of the conference include Yannis Varoufakis, former Minister of Finance of Greece, Manuel Barroso, former President of the European Commission and Dominique de Villepin, former Prime Minister of France.
Dr. Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014 prior to joining the Fletcher School faculty, where he is Professor of International Business and Public Policy.
Read more on This Day Live
Why economic philosophy matters: Capitalism and the wealth of nations
Capitalism is not just an economic system, in the sense that investment in, and ownership of how we produce, distribute and exchange wealth is vested in the hands of private individuals and companies, and that prices are determined in the marketplace. Capitalism is also an economic philosophy because it is based, at least in its purest form, on individual rights. This economic system and its markets have faced many criticisms, several of them valid. But, it is beyond dispute, and is supported by empirical evidence, that capitalism remains the greatest creator of wealth and progress the world has seen. It has lifted billions out of poverty around the world, including some 600 million people in China, as well in India, Brazil and South Korea.
Read the full piece from Prof. Moghalu in The Nation
From technology start-ups addressing Nairobi’s traffic jams to a regime change in Nigeria predicated on a platform of anti-corruption, Africa is a continent emerging as 55 distinct and dynamic nations. Its potential for broad-based growth is catching the eyes of entrepreneurial and private sector actors looking to expand. But where are the most viable areas of growth, and where will they fall short?
Learn more about how Fletcher thinks about Africa’s role in the global economy:
As part of our “10 Questions” Series, we delve into hard questions of international business not easily answered by a single book, class, discipline, or school of thought. They herald a future where the world and the world of business are ever more interconnected, where decisions can’t be made in a bubble, where real expertise demands deep ‘contextual intelligence.’ This series reflects that contextual intelligence we cultivate in our students in the MIB program.
Presented by the Fletcher Africana Club, the 3rd Annual Fletcher Africana Conference is coming up fast, taking place on the Tufts campus February 5, 2016. The conference will aim to move beyond conventional discourse to uncover and inspire the implementation of actionable solutions for some of the most critical challenges facing Africa today.
Keynote speakers will include Rosa Whitaker, CEO and President of the Whitaker Group, Kingsley Moghalu, Former Deputy Governor of the Central Bank of Nigeria, and Clare Akamanzi, Former COO of the Rwanda Development Board. Joining the keynote speakers will be panelists from Technoserve, Coca-Cola, the Enough Project, and many more.
Learn more about the conference and register today!
“Nigeria’s Finance Minister Takes Aim at Government Spending” by Drew Hinshaw
The country’s new finance minister said she can save as much as $5 billion annually by cracking down on waste in more than 450 government agencies, a strategy that will determine how well Africa’s largest economy weathers its slowest growth spell since 1999.
Kemi Adeosun, who took office in November, offered an early glimpse of how Africa’s top crude exporter plans to navigate a crash in oil prices that has beset petrostates globally.
Nigeria’s government revenue has fallen by about 60% from the height of the oil boom more than a year ago, she said.
To compensate for those lost funds, the London-born former accountant and investment banker said she would scrutinize the prices government agencies pay for plane tickets, office supplies and other items…
…“There is no doubt that will bring in significant savings,” said Kingsley Moghalu, former deputy central bank governor and a professor of international business at Boston’s Tufts University. “But that in itself isn’t enough. You need some additional finance.”
Read the full article featuring Prof. Moghaul in the Wall Street Journal
“Reflections on Nigeria’s Banking Reforms” by Prof. Kingsley Moghalu
The evolution of African economies in the past decade cannot be discussed without evaluating the growth and challenges of the financial sector. In that context, the role of banks has been dominant. This dominance is not necessarily a good thing, for it implies the limitations of the continent’s financial markets and the need to deepen and diversify them.
Read the full op-ed from Prof. Moghalu in This Day Live
A number of impressive and talented individuals join The Fletcher School faculty for the 2015 – 2016 academic year, bringing impressive breadth and depth of expertise across disciplines in fulfillment of the school’s multidisciplinary approach to graduate education in international affairs. The IBGC is particularly excited to welcome Kingsley Moghalu, a Fletcher alumnus and the former Deputy Governor of the Central Bank of Nigeria, who previously joined us for our IBGC Speaker Series and as a speaker at our 2012 “Turn” Series conference, “Africa’s Turn? The Promist and Reality of the Global Economy’s ‘Final Frontier,'” and will now be a Professor of Practice in International Business and Public Policy.
Welcome (back) to Fletcher, Kingsley!
Learn more about Kingsley and the rest of the new Fletcher faculty