Word: iweala
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Working in Widener Library is far scarier than dealing with a global economic crisis that has paralyzed markets from New York to Mumbai, at least for Ngozi N. Okonjo-Iweala ’77. The World Bank managing director once spent a summer working in Widener, a job she describes as “awful...
That may be true for now, but Europe has seen some of the same warning signs as the U.S., including an overvalued housing market. A worldwide slump would be a special concern in poorer countries, says Ngozi Okonjo-Iweala, a former Finance Minister of Nigeria who is now a managing director of the World Bank. Food prices there, she notes, are already being driven up in part by demand for biofuels, which is leading to the substitution of food crops by those that can produce fuel. If food stays expensive yet economies in Africa and elsewhere slow, there could...
...That may be true for now, but Europe has seen some of the same warning signs as the U.S., including an overvalued housing market. A worldwide slump would be a special concern in poorer countries, says Ngozi Okonjo-Iweala, a former finance minister of Nigeria who is now a managing director of the World Bank. Food prices there, she notes, are already being driven up in part by demand for biofuels, which is leading to the substitution of food crops by those that can produce fuel. If food stays expensive yet economies in Africa and elsewhere slow, there could...
...book as “too meager, too infernally moronic, for a grand denunciation” (Yale Herald) and “surprisingly dull” (NY Sun). (I’ve read it; it really is quite bad.) Harvard’s class of 2004 featured Uzodinma Iweala, whose first novel “Beasts of No Nation” was also published in 2005. The London Times called Iweala “a confident and promising new voice” and the San Francisco Chronicle lauded “Beasts” as a “stark...
...negative associations with Africa were much on the minds of people at the summit in Cape Town. "We are fighting an image problem," said Mo Ibrahim, a Sudanese-born cell-phone magnate who has created a multi-million-dollar prize to reward good political governance in Africa. Ngozi Okonjo-Iweala, an ex-Finance Minister in Nigeria known for fighting corruption, likewise lamented that the private sector "still sees Africa as a financial basket case, which it's not ... We need to focus on what's going right...