Economics

The fallout from the UK referendum that ended in victory for those wanting the country to exit from the European Union (EU) is still reverberating around the world. However, what does it mean for Africa? The fallout from the UK...

  One would certainly be forgiven if, like us, you found yourself doing a double take at the news that Britain’s public voted in favour of leaving the EU. This is because shortly before the Brexit polls closed, opinion polls were...

  Almost all developing countries have policies to promote small and medium-sized firms. The reasons for this choice are clear. Small firms appear to create lots of job with relatively little capital and jobs are desperately needed in sub-Saharan Africa...

  Back in 1991, the eminent political scientist Samuel Huntington pointed out that democratic transitions around the world often come in waves.  He pointed to a “third wave” of democratization that began in the 1970s with Spain and Portugal and...

The global capital markets are stabilizing for the first time since the UK referendum.  It is not uncommon for markets to move in the direction of underlying trends on Friday's; see follow-through gains on Monday, and a reversal on Tuesday. ...

The shock of Britain’s vote to exit the European Union (EU) will reverberate around the world for decades to come. In addition, Asia isn’t immune. The direct effect on stock markets and exchange rates around the region is a modest...

The global economic outlook may be grim but it would be grimmer still but for Asian economic growth. There’s no dynamic growth pole anywhere else in the world and global uncertainties have increased around the rise of Donald Trump in...

Asia’s migrant domestic workers face exploitation and discrimination, but are largely left out of countries’ labour policies and legislation. Though estimates of the number of domestic workers vary between 52 and 67.1 million, there is consensus that a significant proportion...

A U.S. decision to block the reappointment of Seung Wha Chang, a South Korean member of the appellate body of the World Trade Organization, has put at risk the independence and credibility of the WTO’s dispute settlement mechanism — the...

The UK has decided to seek a divorce from the EU after a 43-year rocky marriage.  It was not an overwhelming decision.  Brexit won by 52%-48% margin, seemingly too small for such a momentous decision. The UK has not decided...

There is no doubt that the United Kingdom’s (UK) exit from the European Union (EU) will have long-term economic consequences for the entire world. Friday’s response to the news that Britain voted to exit the EU (also known as “Brexit”),...

In the wake of last week’s surprise vote for Britain to leave the European Union (EU), markets, analysts, and politicians are springing to respond. The British pound lost over 7% of its value almost instantly against the U.S. dollar, bringing...

Sterling has been sold beyond the panic low seen when it became clear that UK voters were choosing to leave the EU though nearly every economists warned of at least serious short- to medium-term negative economic implications.  Sterling has been...

The UK choice to leave the EU on a 52%-48% vote is one of those moments that define before and after. It is true that there are examples of the EU not liking the outcome of a referendum and allowed...

The British decision to leave the EU has been a long time in the making, but it does not lessen the shock that many politicians in the UK and across the EU are feeling. While London begins the long process of...