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Why Ghana’s IMF Bailout May Soon Repeat Itself
Recently, in one of my economics classes, a heated discussion erupted on Ghana’s International Monetary Fund (IMF) bailout programme. The discussion comes at a time when the country is grappling with high inflation, continuous depreciation of the cedi against major international currencies and high fiscal deficits which have seen the economy go through an […]
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How to fight the crisis Slovak style
One of the first effects of the crisis on Slovakia – one of the most open, export dependent economies in Europe – was felt when the country’s rich customers started importing fewer Slovak goods. Similar problems have started to occur again recently, with the slowdown in China, a major destination […]