The UK Coalition Government's first budget, announced on 22 June, has set out a five year plan to rebuild the British economy based on responsibility, freedom and fairness. It pays for the past. It plans for the future. It supports a...Analysis
As revenues in government and corporate entities dwindle, economic agents are compelled to think of alternative sources of financing their activities. The efforts are imperative as banks are reluctant to lend. The equities market, another traditional source of financing, currently offers fewer opportunities to fund users in view of the...Analysis
Denis Drechsler, George Rapsomanikis & Alexander Sarris
The prices of many staple foods increased dramatically during 2007-2008, creating a food crisis for many poor and developing countries. International prices of maize, rice, and wheat, for example, reached their highest levels in 30 years, causing political and economic...Analysis
The ECOWAS Trade Liberalisation Scheme (ELTS), though launched since 1990, is still impeded by competitive nationalism
In recent times stronger moves have been made by private sector operators towards ensuring the actualisation of the ECOWAS Trade Liberalisation Scheme (ETLS) which was launched in 1990. The...Analysis
In a remarkable 20 years, Russia has successfully transformed from a central planning based economy to a market based economy. In those 20 years also, Russia has, perhaps, been training itself to become accustomed to the volatility and crisis sometimes associated with largely capitalist economies.
The country suffered its...