October 20, 2022
The world economy is faced with converging crises – high debt levels, food and fuel inflation, weakening currencies, and a climate emergency that makes the planet’s very future uncertain. It’s a perfect storm for everyone, but it is having a disproportionate impact on poor countries and their poor populations.
September 28, 2019
BY SONNY AFRICA
The policy question is not how to attract foreign investment at all costs. Rather, it is asking what needs to be done for foreign capital to genuinely contribute to the country’s long-term economic development.
January 26, 2019
by Sonny Africa The Philippine economy is slowing amid a global economy in a new period of uncertainty, unpredictability and volatility. The country’s economic policymaking however remains stuck in an imaginary world of efficient free markets, beneficial globalization and humane capitalism. A clearer view of where the world is today compels new economics more than […]
December 18, 2017
Trade deals were stalled mainly due to large developed countries’ differences at the recently concluded World Trade Organization (WTO) 11th ministerial conference (MC-11) in Buenos Aires, Argentina. The bigger powers especially the United States (US) and the European Union (EU) pushed their own development agendas and set aside that of the lesser economies, while accusing the […]