How do you track foreign aid?
Question: How do you track foreign investment?
Armitage: Well you don’t regulate it. If it’s going into a state, the states have to make their own regulations, and many of them do . . . some of them more than others. South Africa is a pretty good regulatory . . . Ghana is pretty good. Mozambique is working on it. So you have to depend on them to regulate it, and their own regulations concerning telecom, concerning mineral development . . . development of mineral rights, gas and oil rights, these are not insignificant or . . . peoples, nor are they unsophisticated peoples. So they’ll regulate it. The instability in Nigeria is very much a North-South instability and a tribal instability. And I must say that looking at the city of Lagos, it’s a huge, sprawling city. I’m frightened almost every morning that I’m gonna wake up and see it just exploding. In terms of U.S. money going in, it’s primarily been ___________ money. There are regulations concerning it. There are always funds that when we send funds overseas through our banks, etc., there is a look by our government of who the end user is. So I’m not as worried about U.S. money going to bad people as I am the governments of those various states not making the right use or making the right choices with the monies they have.
The answer isn't in regulation, Armitage says.
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Thinking your life is worthwhile is correlated with a variety of positive outcomes.
- A new study finds that adults who feel their lives are meaningful have better health and life outcomes.
- Adults who felt their lives were worthwhile tended to be more social and had healthier habits.
- The findings could be used to help improve the health of older adults.
Even when they suffer costs in doing so.
- It's commonly thought that the suppression of female sexuality is perpetuated by either men or women.
- In a new study, researchers used economics games to observe how both genders treat sexually-available women.
- The results suggests that both sexes punish female promiscuity, though for different reasons and different levels of intensity.
Jeff Bezos, the founder of Amazon.com, explains his plan for success.
- Jeff Bezos had a clear vision for Amazon.com from the start.
- He was inspired by a statistic he learned while working at a hedge fund: In the '90s, web usage was growing at 2,300% a year.
- Bezos explains why books, in particular, make for a perfect item to sell on the internet.
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