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G8

—with property rights, and so on. That is very important. The lessons of what countries need to do to attract the right levels of private sector investment and so on are not hard to describe, even if it can be difficult to do. We can show how good governance has its own financial reward; without a shadow of a doubt, that is true. The other thing we can do, which we are working on with business, is the so-called extractive industries transparency initiative, which is to make sure that companies that pay money are open and transparent about the money so that we can root out the corruption that has bedevilled Africa for so long and that is so deeply unfair to its people. If we started to get the right systems of governance in place, the other thing that would happen is that the younger generation of highly talented Africans would want to stay to engage in the politics of their own country, which is tremendously important. Far too often, they have seen no future in that, and although international institutions benefit enormously from them, it would be better for their own countries if they were there.