Economic growth

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Trade among African countries is the lowest globally as barriers to the easy movement of goods across borders remain. Reuters/James Akena

What African countries must do to boost trade among themselves

Sub-Saharan African countries have the lowest trade among themselves compared with other regions. This is why there has been a major focus on reducing red tape and other non-tariff trade barriers
Remittance recipients whose priority is the socioeconomic improvements of their lives were found to be less engaged with democratic processes. Reuters/Mohamed Nureldin Abdallah

Towards another resource curse? Remittances and support for democracy in Africa

Remittances may hinder the development of democracy in sub-Saharan Africa. A lot depends on whether recipients value rights and freedom much more than improving their standard of living.
South African Reserve Bank Governor Lesetja Kganyago is the third since the bank adopted a more transparent way of operating. Reuters/Siphiwe Sibeko

Clearing up the mystique of central banking

The South African Reserve Bank is a fine example of clear communication of the decision whether to hold, increase, or decrease interest rates. It also gives clear signals of future decisions.
Nigerian youth celebrate presidential candidate Muhammadu Buhari’s victory. Youth unemployment will continue to threaten the continent’s growth. Reuters/Goran Tomasevic

Renaissance or mirage: can Africa sustain its growth?

How realistic are expectations about Africa’s economic prospects? There are several reasons why we should be both optimistic and cautious about the continent's future economic performance.
Using urban space for food production makes food easier to transport, not to mention cheaper. littleny/Shutterstock.com

The ‘simple life’ manifesto and how it could save us

The aftermath of Christmas is a good time to think about where consumer-capitalism is getting us. The sad fact is that, with these values, our society can never be ecologically sustainable or just. Accelerating…
Global environmental and social welfare per capita has not improved since the 1980s. www.shutterstock.com

How the world’s economic growth is actually un-economic

The focus of the recently concluded G20 summit was economic growth. The final communiqué begins: “Raising global growth to deliver better living standards and quality jobs for people across the world is…
Are we really in charge of our own destiny? Flickr/Michael Shane

The perils of the last human: flaws in modern economics

Nietzsche’s much quoted line “God is dead” was not, as it is often presented, a statement of triumphant atheism but was a warning and a call to action. We had killed God with rationalism and science. With…

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