Category Archives: Sectors

Solving South Africa’s Youth Unemployment Problem: Expand Small Business in the Education Sector

Posted on by admin

Journal of Political Risk, Vol. 9, No. 10, October 2021

South Africans and supporters gather outside the South African High Commission in London to support students and protest against police violence. The protestors are depicted crouching around a cardboard sign that reads "Remember Marikana/Stop police brutality/#FEESMUSTFALL.

South Africans and supporters gather outside the South African High Commission in London to support students and protest against police violence. Rachel Megawhat.

Stephanie Wild
University of Cape Town

The problem of youth unemployment has grown in South Africa for years, but now with the global economy having taken an all-time dip, it has emerged even further at the forefront of South Africans’ minds. Policy geared to expand small business creation in the education sector would be a two-for-one win that keeps on giving.

The crux of the problem

According to Stats SA (2021), in the first quarter of 2021, the official unemployment rate was reported as an astonishingly-high 32.6%. While the number of employed and unemployed South Africans remained rather unchanged from the last quarter of 2020, the number of discouraged work-seekers increased by nearly 7% (Stats SA, 2021). This means that the problem has not necessarily worsened between 2020 and this year. However, it persists and reveals a failure to both ameliorate the problem, and a failure to boost morale that results from the problem. Continue reading →

US Trade Leverage Against China: An Interview with the Coalition for a Prosperous America

Posted on by admin

Journal of Political Risk, Vol. 9, No. 10, October 2021

The image depicts two Maersk-Sealand 40' containers stacked on top of one another. Train tracks are visible in the background.

China Shipping – Maersk-Sealand 40′ Containers, Quebec, Canada, 2018. Source: Wikimedia.

Anders Corr, Ph.D.
Publisher of the Journal of Political Risk

This interview with Michael Stumo, the CEO of the Coalition for a Prosperous America, was conducted between October 5-6 via email.

Corr: Why and when did the Coalition for a Prosperous America begin?

Stumo: CPA started in 2008. Domestic manufacturers, farmers, ranchers and workers agreed that the biggest threat to their well being, and that of the economy, was the large, persistent US trade deficit.

Corr: How is Biden’s ally focus going for him on the issue of trade with China? Is Biden’s outreach to allies helping him on this issue?

Continue reading →

Mineral Revenue-Sharing as Peace Dividend: Incentivizing Stakeholders to Support Peace and Stability in Afghanistan

Posted on by admin

Journal of Political Risk, Vol. 9, No. 6, June 2021

The image shows a map of Afghanistan. A satellite image of the region is contained in the map.

Mineral Map of Afghanistan. Source: USGS

Priscilla A. Tacujan, Ph.D.
Analyst for the U.S. Department of Defense

 

Various players have raised the prospect over the years of Afghanistan developing its mineral wealth as a means to stabilize the country, but nobody believes that it could achieve enough security to prevent attacks on infrastructure and mining operations.  However, it is possible that Afghanistan might be able to broker peace and reconciliation through a mineral revenue-sharing scheme[1] that directly distributes mining dividends and profits to the general population as well as extract concessions from the Taliban — an approach that has helped mitigate conflict in some other war-torn areas where revenue-sharing has been part of their peace accords.[2]  A trickle-down incentive structure could incentivize the Afghan people and militant groups to pursue peace and reconciliation if they become vested stakeholders and direct beneficiaries of their country’s natural resources.  While security conditions in Afghanistan’s extractive industries remain a challenge, a review of successful revenue-sharing practices in other countries suggests that a similar practice in Afghanistan may yield long-term gains.

Continue reading →

Schumer’s No-Good, Weak-Kneed, Sold-Out, Sorry Excuse For a China Bill

Posted on by admin

Journal of Political Risk, Vol. 9, No. 5, May 2021

The senator is depicted leaning on a marble banister wearing a blue shirt with black blazer and yellow tie.

U.S. Senate Photographic Studio/Jeff McEvoy, Public domain, via Wikimedia Commons.

Anders Corr, Ph.D.
Publisher of the Journal of Political Risk

There’s a dump truck of a China bill coming your direction from Congress, and it’s chock-full of cotton balls. Not a pretty sight. Conservatives and some tough-on-China Democrats are not happy. 

Senate Majority Leader Chuck Schumer (D-NY), the symphony conductor driving this cacophonous beast towards a vote in the next few days or weeks, is in bed with big money. Since 2015, he garnered over $14 million from large individual contributors and over $4 million from PACs (including other candidate committees) for his campaigns. Lawyers have given over $1 million, and lobbyists over $600,000. 

Universities spend big on lobbyists, and can have cash-cow satellite campuses in China that they seek to protect. U.S. Education lobbying sometimes reaches over $100 million per year in aggregate. As far back as 2020, companies effectively lobbied against new laws to limit forced Uyghur labor from China in the American supply chains of companies like Nike, Coca Cola, Adidas, Calvin Klein, Costco, H&M, Campbell Soup, Patagonia, and Tommy Hilfiger.

Continue reading →

Chinese Communist Party Cooperation with Gangs and Politicians in Canada: Book Review

Posted on by admin

Journal of Political Risk, Vol. 9, No. 5, May 2021

The book cover depicts the words "Wilful blindness" in white against a red backdrop and a world map in black.

The book cover of Wilful Blindness, by Sam Cooper.

Anders Corr, Ph.D.

Publisher of the Journal of Political Risk

Wilful Blindness How a Network of Narcos, Tycoons and CCP agents Infiltrated the West, by Sam Cooper, Optimum Publishing International, 2021, $28.95 CAD.

An investigative reporter in Canada, Sam Cooper, is at the tip of the spear, where China injects money, drugs, spies, and underage prostitutes into all of North America. Cooper provides us with a front-row seat of China’s espionage, drug supercartels, support to terrorism, money laundering, and, for a pledge of support to Beijing, campaign donations to the politicians who lurk around China’s United Front groups in Vancouver, Toronto, and Ottawa. Add to that investigations of trafficking in weapons. Heads of state, including Donald Trump and Justin Trudeau, are linked by the author to the nefarious characters from China who are doing this dirty business.

It sounds too crazy to be true.  

But Cooper’s new book, Wilful Blindness, is nonfiction, and based on five years of his investigative reporting on the topic, and confidential sources in Canadian intelligence and police agencies. It vindicates, and brings up to date, a joint Canadian Security and Intelligence Service (CSIS) and Royal Canadian Mounted Police (RCMP) report that in 1997 made many of the same claims. That report, called “Sidewinder”, was suppressed by Ottawa, which at time was trying to ink new trade deals with Beijing. 

Continue reading →