South Africa is Africa’s largest economy and holds considerable diplomatic and political influence throughout the continent. Along with Brazil, India, China and Russia, South Africa is one of the powerful BRICS nations and is considered the “gateway” for investment in Africa. Still, its economy is facing a range of challenges, including rigidities in the labor market, high unemployment, the perception of rising corruption and, increasingly, nationalization of economic affairs. Africa Research Fellow Anne Kamau talks with Haroon Bhorat, director of the Development Policy Research Unit at the University of Cape Town, about U.S.-South African relations, the South African economy, and the trends that will shape the future of Africa’s largest economy.
Bruce Katz, of the Brookings Institution, said [land mapping] is not just about "real estate," but about access "to a talent pool." "Automobiles are essentially computers on wheels," said Katz, who focuses on the challenges and opportunities of global urbanization. "The broader Detroit area is one of the greatest hubs of technological innovation around manufacturing."
"There is enormous opportunity for a smarter use of public assets in the cores of cities around anchors like waterfronts and research institutions."
"Power is shifting globally. With national governments challenged, cities in the United States and beyond have assumed increased responsibility for addressing many of our biggest policy challenges."