This is a summary of economic crises from a History of Economic Thought perspective. It also contains information on COVID-19 in Kenya alongside its economic impact. Lastly, the presentation is meant to arouse questions and solutions to the current…
There is much literature to support the view that export-ers (both developed and developing countries) pay higherwages than nonexporters. While this so-called export wagepremium has also been found to be prevalent in SouthAfrica, it has not been…
The corona virus shocked everyone, from private institutions to governments. It presented a dual crisis which had not been experienced before, a health crisis and an economic one. The effects of the former would likely be signicficant in the short…
The pandemic brings new information every day. Factors contributing to the large differences in trajectories are the subject of intense investigation (e.g. Helsinki Graduate School of Economics Situation Room 2020). This column…
BACKGROUND: Exporting poses a challenge to the achievement of inclusive growth because there is a discernible wage inequality between exporting and non-exporting firms. The literature shows that exporting firms pay a wage premium relative to non-…
Background: Namibia is an open economy where international trade accounts for a greater
proportion of gross domestic product (GDP). Openness of the Namibian economy for the
period 2010 to 2018 has been on average 111% of GDP. The high level of…