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Aliko Dangote Drops to 105 on Forbes 2017 World’s Billionaire List, Still Africa’s Richest Person

By Peter OBIORA A InvestAdvocate Click here to see full list of 2017 Forbes Billionaires Ranking Lagos (INVESTADVOCATE)- Aliko Dangote, founder and chairman of the Dangote Group has emerged the 105 richest man in the world;   dropping from the 51st position; though he is still the richest person in Africa […]

Chart of the Week: Inequality and the Decline in Labor Share of Income

March 20, 2017/iMFdirect  By IMFBlog As discussed in the IMF’s G20 Note, and a blog last week by IMF Managing Director Christine Lagarde, a forthcoming chapter of the World Economic Outlook seeks to understand the decline in the labor share of income (that is, the share of national income paid in […]

OPEC’s Rebalancing Act

March 20, 2017/iMFdirect By Rabah Arezki and Akito Matsumoto In November 2014, the Organization of Petroleum Exporting Countries (OPEC) decided to maintain output despite a perceived global glut of oil. The result was a steep decline in price. Two years later, on November 30, 2016, the organization took a different […]