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Tag: policy

What If Growth Isn’t the Problem?

Economic debate is fixated on familiar terms: growth rates, inflation prints, and the trajectory of interest rates. Policymakers and investors parse these indicators with precision, treating them as signals of stability or distress. But this tunnel vision misses the essential question: What underlying needs is the economy serving—and in what sequence? A better approach is…
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The Illusion of Precision: How markets trade on uncertain data

Why GDP, inflation, and FX numbers increasingly reflect narrative, not measurement Global markets depend on economic indicators that purport to be precise but often fall short. GDP growth expressed to the decimal, inflation to the basis point, and FX reserves to the dollar all offer a sense of certainty underpinning pricing and forecasting. Yet this…
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Riding the sleigh of Commerce Claus

Christmas is no longer just a religious festival; over the years, it has become more of a celebratory holiday for spreading love and cheer.  It is the most awaited time of the year, not just because you get to spend quality time with your loved ones or exchange gifts with them but also because businesses…
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Rwanda 2024 Polls: No alarms, and no surprises

In practical terms, President Kagame is poised to remain President for life as Rwandans continue to vote in favour of peace and development over justice and democracy. With a c.99% vote share in the 2024 presidential elections, Paul Kagame – the incumbent Rwandan President – crushed election victory and will be extending his nearly a…
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Climate change: Bracing for impact in Africa

Globally, climatic shocks have become more frequent and intense. Many people still think of climate change as a future phenomenon, probably because climate change-related projections are tied to future dates: 2030, 2050, or 2100, for instance. But we are, unfortunately, experiencing climate change, and have done so for some time now. Over the past century,…
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Beware of the known; and unknown

As the economic consequences of the pandemic continues to dissipate and the global recovery progresses further, economic policymakers are now faced with the herculean task of taming inflation amid the fragile global recovery. With the risk of a rates lift off looming larger in 2022, a number of themes are expected to dominate the macroeconomy.…
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Merkel out; Scholz in

Angela Merkel’s sixteen-year hold of Europe’s largest economy ended earlier this month, as she handed over the helm of Germany’s affairs to Olaf Scholz, her four-year finance minister, vice-chancellor, and an ardent social democrat. Scholz, who narrowly edged out other candidates in the race to fill Merkel’s huge shoes in the September elections, has taken…
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