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…
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…