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The Dramatic Rise and Fall of the Shanghai Composite Index
The Chinese stock markets have experienced significant turmoil in recent weeks, with the Shanghai Composite Index – the country’s major reference – falling by 32% since June 12. However,...
The Impending Student Loan Debt Crisis – Or Not
Americans owed nearly US$1.2 trillion in student loan debt as of March 2015, more than three times the amount of debt from just a decade ago. Part of this...
The Link Between Celebrity Activism and Economic Progress
Celebrity activism and support for African humanitarian causes – such as the Enough Project, Akon’s Lighting Africa and Kony 2012 – has become mainstream. However, what are the consequences,...
Peering into South Africa’s Potentially Energy Efficient Future
South Africa’s energy sector has faced a crisis since 2008, marked by power cuts, high tariffs and a general inability to match supply and demand. This has led to...
Australian Supermarket Consolidation Consequences
Things are heating up in Australia’s supermarket sector. Woolworths is falling behind Coles. Aldi is taking business from Coles and Woolworths. Everyone is taking strips off Metcash and its...
African Intra-Regional Trade Falls Short Compared to North America and Western Europe
The expansion of trade among sub-Saharan African nations holds the key to faster growth and development to the benefit of all its citizens. To unlock this potential, countries will...
No, the Greek Crisis Won’t End Quickly, or Well
Now that the Greek referendum has produced a decisive No vote, never mind what happened before. The real crisis starts now. Recognise that the Greek people faced a difficult...
The Fallout from Varoufakis’ Exit
Greece’s economy is in ruins. It is hard to imagine how things could have gone worse. Banks closed, no liquidity, very high unemployment, businesses closing down or fleeing the...
Africa is in Need of a Unified Voice in the Global Arena
One of the challenges facing African countries is that the global environment is rather unfriendly. This hampers their efforts to tap into global markets. Additionally, African economies are hindered...
Theories Abound Explaining Economic Failures in Africa, but not Successes
There has been a chronic failure among economists to explain growth in Africa. The methods and analytical angles they have used to explain relative failure in Africa came in...