In this article, Dan Poliwoda reviews the inefficacy of current development aid programming schemes, and discusses how they can be reformed. Dan argues that development aid should be predicated on adopting market-oriented reforms that promote market competition and developing countries’ engagement in global trade.
Low interest rates, a low Canadian dollar, and lots of foreign investment have created a housing bubble which may be about to burst, and Canadians looking to buy a home will pay the price.
In 2016, Nigeria experienced its first economic downturn in the last 20 years. Problems with oil production and bad loans in Nigerian banks may be leading to a currency crisis.
Globalization is the process of interrelating and integrating people, ideas, companies, and governments across the world. Globalization efforts are sustained by free moving trade, high levels of investment and labour migration among nations. Since 1950, the volume of world trade has gone up twenty times and foreign investment doubled to $827 billion. Subsequently, living standards Read More…
Egypt and the IMF are in the process of finalizing a US$12 billion loan deal. Is the IMF helping to pave the way towards greater prosperity in Egypt, or to greater political instability? Charlotte Provost discusses the potential ramifications of the financial agreement.