Maybe a fallout of the current global crisis is a kindler, gentler IMF. The Fund just published a staff position note titled Fiscal Policy in Sub-Saharan Africa in Response to the Impact of the Global Crisis The executive summary: The global financial crisis poses significant challenges to fiscal policies in Sub-Saharan African countries. Growth will… Read More »
Much has been made by the IMF of emerging markets (.pdf) in Africa. Dani Rodrik looks at what happens in the current period where rich countries, especially the US, are in a ‘slowdown’, and there is much anti-globalisation sentiments among Americans. Add to this a not-so-hospitable disposition towards exports from developing countries (actually, China is… Read More »
I just discovered the Project Syndicate site…. I am not yet done exploring it, but I think it promises to be interesting. The objectives, according to the home page, are: – bringing distinguished voices from across the world to local audiences everywhere; – strengthening the independence of printed media in transition and developing countries; –… Read More »