Can Ethiopia’s Planned Economy Stand the Test of Time?

By Ibrahim B. Anoba Earlier this year, the World Bank reported that Ethiopia would be the most expansive economy in Africa for the year 2017.  This forecast is because of its steady economic growth average of 10.8 percent since 2005 – one of the highest in the world. But despite its commendable progress, a high …

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Everything You Need to Know about Global Poverty

by Luis Pablo de la Horra In 2015, YouGov, an international market research firm, conducted a poll on the state of the world, in which 71 percent of respondents said they were convinced that the world was becoming a worse place, and only 5 percent thought that living standards were improving across the world. In …

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Poor nations’ economies grow with rising deforestation

By Baraka Rateng’ [NAIROBI] Poor countries’ economic growth increases with deforestation rates but the effect disappears in wealthier economies, a study says. According to researchers, climatic factors and inadequate data make it difficult to establish the link between economic development and overexploitation of natural resources. But using satellite data, researchers were able to assess the …

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Development in Africa is on firm footing: what’s the next level?

Mills Soko, University of Cape Town The end of 2016 provides an opportunity to take stock of Africa’s recent economic performance and future prospects. It’s been a tumultuous year for some African countries largely due to a commodities crisis and a global economic slowdown. Yet there were still pockets of good growth which displayed the …

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Causes of S. Africa’s limp economic growth are unaddressed

Steven Friedman, University of Johannesburg Protecting and growing the formal economy is important. But so too is changing it in ways which enable many more to enjoy its benefits. This was the most important message in Finance Minister Pravin Gordhan’s Medium Term Budget Policy statement. Since there seems to be some confusion on what this …

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