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The power of Pan-Africanism as a guiding vision for the continent’s development is widely studied, mostly as an aspirational phenomenon. At…
When the US Bureau of Labor Statistics releases new numbers, in theory it should make no difference whether the press release emphasizes…
After a 30-year absence, calls for international coordination of macroeconomic policy are back. This time the issues go by names like…
It is understood that investment serves as a shock absorber in times of crisis. The duration of the drag on investment, however, is…
No-one is optimistic about the Eurozone’s prospects. This column highlights the major causes of the Eurozone crisis, highlighting that many…
Observed over long periods, the upward path of the output of most economies occasionally takes jagged steps down. More often than not,…
Jeffrey Frankel Professor, Harvard University’s Kennedy School of Government Jeffrey A. Frankel is James W. Harpel Professor of Capital…
Germans cannot agree to unlimited bailouts of euro members. On the other hand, if they had insisted on the founding principles (fiscal…