Markets

3 September 2012

Are Bad Habits Stifling Africa’s Economic Potential?

Ever since the start of their post-colonial era, problems such as corruption, poor governance, ethnic divisions and poor infrastructure have continued to haunt several African economies in their quest for sustained economic growth. Can these issues be overcome and will...

30 August 2012

Low-Cost Innovation: Waves Of Change From India?

READER SUBMISSION – Nearly two years after the Indian government declared that this was the Indian “Decade of Innovation,” the country is now emerging as one of the world’s hotbeds for low-cost and frugal ideas. Can India continue on its...

29 August 2012

China’s Unruly Debt Woes: Michael Pettis

What is the biggest fear hanging over China? Slowing external demand? Could it be the imbalances in its domestic economy? Or the country’s real estate bubble? While these threats are real and challenging nonetheless, debt is China’s most worrying, not...

23 August 2012

The World Needs an Era of Great Social Change: Jeffrey D. Sachs

Our generation urgently needs to spur another era of great social change. This time, we must act to save the planet from a human-induced environmental catastrophe. Sustainable development is a generational challenge, not a short-term task, and governments, civil society,...

21 August 2012

Fixing China’s Economic Imbalances: Michael Pettis

Recent economic data has shown that China is slowing down. The question is: Should we attempt to revive growth in the world’s second largest economy? Perhaps not. As it is, China bulls have been late in recognising the unhealthy implications...

17 August 2012

Canada’s Economic Action Plan 2012: A Model For America To Emulate?

READER SUBMISSION – As America’s largest trading partner, Canada’s economic fortunes are intimately tied to those of the United States. Yet thanks to a largely domestic-focused economic action plan, Canada has demonstrated remarkable economic resilience to the global financial turmoil....

8 August 2012

Can Africa Break Its Resource Curse?: Joseph Stiglitz

Resources should be a blessing, not a curse; yet contrary to common sense, resource-rich countries in Africa have tend to experience less economic growth in the long run than those deprived of natural riches. The new discoveries of natural resources...