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In this month's edition we explore the economic potential of Africa, where major Asian blocs are busy investing and where groundbreaking research and innovation are improving lives in the continent's frontier markets. One very senior journalist, 94-year-old John G Morris, recalls the days of the Great Depression, while several INSEAD professors share their ideas on the current economic crisis — how we got there and how we should handle it. And an interview with ecommerce seed investor William Klippgen in Singapore reveals his secrets for high-risk success. We look forward to your comments. Finally, we welcome aboard veteran journalist John Church as the new Managing Editor of INSEAD Knowledge.

Shellie Karabell,
Editor-in-Chief

INSEAD Knowledge is now available in English, Chinese and Arabic. You can also access Knowledge via:
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Can Africa unlock its potential?
Africa is turning the page on 50 years of over-reliance on Western economies, thanks to strengthening trade and investment links with emerging countries like China, India, Turkey and oil-rich countries in the Middle East. And although the continent’s economic growth will be hit this year by the turmoil in North Africa, analysts say prospects for sub-Saharan Africa are brighter than they have been for some time.
» Read more 
An entrepreneur lights the way in Africa
These days Sameer Hajee is breathing a bit easier. A major investment player has just given him scale-up funding in the form of carbon credit purchases to move his Nuru Lighting company to the next tier. INSEAD Knowledge first started to follow Hajee’s story in December 2009. This is the latest chapter…
» Read more 
Rats replace doctors in pioneering disease diagnosis
Send in rats to prevent the spread of a deadly disease? The idea seems like a contradiction in terms, but a team of Johnson & Johnson executives and MBA participants took the Blue Ocean Strategy to a new dimension for their imaginative solution to reducing tuberculosis cases.
» Read more 
China sharpens its Africa focus
Looking at the bigger picture of Africa’s improving economic fortunes in the past decade, it is clear that China’s influence in Africa has been largely a success story.
» Read more 
India’s growth finds fuel in Africa
One robust emerging market is finding the real growth opportunities are not on Wall Street, but in the “dark continent”.
» Read more


Can you really make money online?
A seed investor tells us how

Ecommerce startup investment options are plentiful in Asia,

so how do you capitalise and avoid losing it all?

» Read more



Depression or Recession? Parallels with 1929


John Godfrey Morris can tell you a little about The Depression. He lived through it. An American photojournalist, Morris covered the landings in Normandy on D-Day for Time Life and followed the allied troops into Paris. He returned to the city in 1983 and is still there today, having been made a member of the French Legion of Honour. Now, at the sprightly age of 94, John shares his recollections of the Great Depression with INSEAD Knowledge.
» Read more 

Are we really in a recovery?
It’s the infamous tug-of-war between Wall Street and Main Street: stock markets are recovering nicely and bondholders are being repaid, but unemployment lines are increasing and governments are finding their coffers falling deeper into the red because of lower tax revenues. Is this really a recovery? INSEAD professors weigh in.
» Read more 
Irish unions seek a soft landing to harsh economic measures
Could a consolidated EU financial administration mean an end to draconian bailout repayment terms? Ireland’s Union leader thinks so…
» Read more 

Too few good women: Why are boards still male domains?
New corporate governance strictures are making way for women on corporate boards. But how to find suitable candidates? And what do women really add to the boardroom?
» Read more 
Mimicry: The latest negotiating strategy
Negotiating online? New research shows that imitating your counterpart’s writing style can help seal you a better deal, proving that imitation is indeed the better part of flattery…
» Read more
Winning in high turnover markets
When managers evaluate potential new businesses, the first question they often ask is: How fast is the market growing? By focusing only on growth, however, they often overlook another critical measure of market potential — high turnover of the customer base.
» Read more 
Spain’s Telefonica rings Latin America for help
At one end of the line is Telefonica of Spain – cutting costs and fighting to hold on to mobile customers in a stagnant economy. At the other end is its regional business in Latin America where strong profits and a growing middle class are helping to prop up the telecoms giant. But for how long?
» Read more 



Shellie
Karabell
Editor-in-Chief
John
Church

Managing
Editor
Mrinalini
Reddy

Web Editor
Bachar Bagh,
Editor,
Knowledge Arabia
Aileen Huang
Editor, Knowledge Chinese
Julian
Boudier

Audio-Visual
Production Manager
Axel
Tagliavini

Associate Director,
Web

Contributors: Roy Binkowicz | Nicholas Bray | Jayne Brocklehurst | Angela Garvey Hammond |
Brian Henry
| Grace Segran | George Skaria | Lindsay Anne Brown (copy editing) |
Sanjeev Krishna Mandalapu (IT Applications) | Alan Chan (video camera) | Elizabeth Seah (video editing)

« Previous Issues »
May 2011 Lessons in Leadership
Apr 2011 Gauging the Digital Age
Mar 2011 Family Business
Feb 2011 Ethics in Business
Jan 2011 Cultivating Innovation
Dec 2010 Special Edition: Focus on Private Equity
Dec 2010 Women in Business and Society
Nov 2010 Setting of the Rising Sun, as new Asian giants power ahead
Oct 2010 Asian private equity: Coming of age
Sept 2010 Corporate governance: Where did it all go wrong?
July 2010 Putting Europe Back on Track - China/US trade relations
June 2010 INSEAD Leadership Summit Europe (special edition)
May 2010 Social media and marketing - Doing good in business
Apr 2010 Wired in world - Negotiating to win - Too late to get into China?
Mar 2010 Leadership - entrepreneurship - sustainability
Feb 2010 INSEAD Leadership Summit in the Middle East (special edition)
Jan 2010 Top Global CEOs - Diversity in the workplace
Dec 2009 Innovator's DNA - leadership today - visual equity
Nov 2009 Innovation - Finance - MBA oath
Oct 2009 Healthcare: at the crossroads
Sept 2009 Banking one year after Lehman - INSEAD at 50
Aug 2009 Quest for authenticity - Cash is king - Dark side of trust
July 2009 Road to sustainability - New era for innovations
June 2009 Collaboration, creativity and networking
May 2009 The Illusion of Control: Dance with Chance
Apr 2009 Dare and Care: Sustaining Europe's Ambitions
Mar 2009 US economy recovery 'likely' by year-end; Humanitarian Logistics; Innovation Manual
Feb 2009 Women and the 'vision thing'
Jan 2009 Innovating your way to the top
Dec 2008 Can leadership withstand the ravages of the crisis?
Nov 2008 Obama could help US economy recover by mid-2009
Oct 2008 Living with uncertainty (World Knowledge Forum special edition)
Sep 2008 The emergency bailout - heeding the lessons of the Depression
Aug 2008 The future of Chinese capitalism - The changing face of the CIO
Jul 2008 It Starts with One - Successful entrepreneurs
Jun 2008 The Momentum Effect; Global information technology report: Making progress
May 2008 INSEAD Leadership Summit in Europe 2008 (special edition)
Apr 2008 Cross-cultural negotiations; Muhammad Yunus
Mar 2008 Greening the economy: New energy for business (European Business Summit special edition)
Feb 2008 The Experience Trap; Counting the cost
Jan 2008 Fast Strategy: Staying ahead of the game
Dec 2007 Putting leaders on the couch; Creating products for those at the bottom of the pyramid
Nov 2007 INSEAD Leadership Summit in Asia 2007 (special edition)
Oct 2007 The global business leader; Family business on the couch
Sep 2007 In search of blue oceans; The new deal at the top
Aug 2007 X-teams; The money illusion
Jul 2007 INSEAD Leadership Summit in Europe 2007 (special edition)
Jun 2007 Cost innovation and the dragons; The innovation value chain
May 2007 Success, a huge business vulnerability?; Reputational risk management
Apr 2007 Global information technology, the rankings; Closing the deal in negotiations
Mar 2007 Riding rapid economic growth in India and China; Networking is vital for successful managers