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

Posted on October 29, 2021 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. 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 October 7, 2021 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 →

Is The Persecution Of Falun Gong In China Tantamount To Genocide?

Posted on September 28, 2021 by admin

Journal of Political Risk, Vol. 9, No. 9, September 2021

A yellow destruction vehicle is depicted destroying personal possessions. A small crowd watches from the side.

Destruction of Falun Gong books during the 1999 China crackdown. Wikimedia/ClearWisdom

Helen Hintjens, Ph.D.
International Institute of Social Studies in The Hague

“Genocide is a crime for which there has to be proof of a particular hostile state of mind in an individual or in a government body towards a group that qualifies under the Genocide Convention’s or the ICC Statute’s limited set of groups against whom genocide can be committed”.[1]

Since at least 2000, at the behest of Jiang Zemin, President of the PRC from 1993 to 2003, Falun Gong have been labelled a ‘heretical (or deviated) religion’, and its members systematically persecuted through a covert ‘6-10 Office’ group of Chinese government security officers.

Continue reading →

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

Posted on June 26, 2021 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.

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

Posted on May 27, 2021 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 →