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Artículos sobre Economy

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Tribalism often leads to diversion of funds meant for development in Africa. Photo by John Wessels/AFP via Getty Images

Ethnic poverty: dividing and excluding people keeps them poor

Although there is strength in diversity, members of ethnic groups in power distributing resources to members of their ethnic group at the expense of national growth entrench poverty in Africa.
Minimum wage is no match for rising cost of living. Photo by Adekunle Ajayi/NurPhoto via Getty Images

A gloomy May Day awaits Nigerian workers

With a monthly minimum wage of 30,000 Naira (US$72), the average Nigerian worker is groaning under the weight of the rising cost of living.
Ordinary Russians are facing the prospect of higher prices as western sanctions over the invasion of Ukraine sent the ruble plummeting. That’s led uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era. (AP Photo/Pavel Golovkin)

The Russian economy is headed for collapse

With Russia’s “great power status” tied closely to economic power, the country’s crumbling economy is putting Putin’s claims to legitimacy at risk.
Containers are seen stacked at a port in Qingdao in China’s eastern Shandong province on Jan. 14, 2020. STR/AFP via Getty Images

The ‘China shock’ of trade in the 2000s reverberates in US politics and economics – and warns of the dangers for fossil fuel workers

Large-scale job losses in the US due to trade with China will lead to enduring demographic and political aftershocks without the implementation of policies that promote widespread job growth.

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