In Ethiopia and Kenya, the attractive illusion of the “China model” has had grave financial consequences. The strategy of “infrastructure-led growth” (growth, not economic and social development) seems to be showing its limits in Africa, where China has largely been instrumental in promoting it. This strategy is based on the Keynesian multiplier theory whereby any…
In Ethiopia and Kenya, the attractive illusion of the “China model” has had grave financial consequences. The strategy of “infrastructure-led growth” (growth, not economic and social development) seems to be showing its limits in Africa, where China has largely been instrumental in promoting it. This strategy is based on the Keynesian multiplier theory whereby any…
Almost August. African COVID-19 Cases Rapidly Rising. Economic Strategies: What Now? Click here for details At this juncture, as we enter into August, Africa is seeing a gain in COVID-19 cases, and related deaths. How does the lives vs livelihoods conversation change with this new reality? Do we continue down the same lockdown exit path as we…
Almost August. African COVID-19 Cases Rapidly Rising. Economic Strategies: What Now? Click here for details At this juncture, as we enter into August, Africa is seeing a gain in COVID-19 cases, and related deaths. How does the lives vs livelihoods conversation change with this new reality? Do we continue down the same lockdown exit path as we…