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The Last Days of European Prosperity
Written by Corina MurafaThere is a striking contrast between the breadth and scope of austerity measures in Europe and citizens’ perceptions of them. I recently moderated a debate organized by the Bertelsmann Foundation on what Europe can learn from Latin America in terms of managing a debt crisis. The audience was composed mostly […]
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An IMF Loan: The Only Real Cure for Egypt’s Ailing Economy
Written by Fady SalahDespite a recent rise in its foreign reserves, Egypt is clearly suffering from an economic crisis as evidenced in its spiralling budget deficit that has now reached around 12% of GDP. As political instability continues, the crisis persists while the government seeks to stem it by taking loans from various […]
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Fair Trade For Peace? Palestine from Dependency to Partnership
Written by Abdalhadi AlijlaLast month, I asked a friend to buy me made-in-Palestine T-shirts. She sent me three T-shirts with paintings that unmistakably showed they were made in Palestine. I am not the only one who does this; many Palestinians do it not only out of patriotic pride but for solid economic reasons […]
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Rising fuel prices don’t dampen the survivor spirit in Ghana
Written by Monica Jeannormil“Good afternoon, I want to go to Osu, how much?” “GHS 10.00,” says the taxi driver.” “But that’s almost double the price from this time last year!” “Yes madame, but the price of fuel has gone up!” After a bit of haggling, I get him to reduce the fare […]
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Water as a Tradeable Commodity: Restoring Balance to the Murray-Darling Basin
Written by thesydneyglobalistEconomic-based water management strategies are assuming an increasingly important role in managing Australia’s water scarcity problems. Australia is the world’s driest inhabited continent, with at least 70% of its land area classified as arid or semi-arid. However, this country is not only confronted with limited water resources, but must also […]
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Egypt: International Benefits – Local Bane
Written by Noureen RamzyIt’s no secret that the economic situation is Egypt has been in constant decline since the January 25th revolution. It is easy to blame this downturn on the unstable political situation; but the fact remains that the Egyptian economy and resources have been mismanaged for the last six decades. Economic […]