Economics of Low Oil Price


Oil prices recently hit 27.56 dollars a barrel, their lowest level since 2003. The result is that it is now cheaper to buy a litre of gasoline in your local…


Ending Inequality is Imperative

Welcome to the world’s inequality countdown. In 2010, some 388 people owned as much wealth as the poorest half of the world’s population. Jump to 2014 and that 388 is…


Payment Plan for Universal Education

The Sustainable Development Goals (SDGs), which the international community adopted in September, 2015, include a commitment to provide every child with access to free primary and secondary education by 2030.…


Reconstructing Disability’s Status Quo

On January 23 each year, Berkeley, California, and the International Disability Movement commemorate their monumental hero and pioneer, Edward Verne Roberts, known worldwide as, Ed Roberts. The day is dubbed…


Return of Capital Fundamentalism

The idea that public investment in infrastructure – roads, dams, power plants, and so forth – is an indispensable driver of economic growth has always held powerful sway over the…


Cancer: Africa’s Silent Killer

When one walks through cancer wards of public sector hospitals in Africa, the scenes are reminiscent of the battle to get AIDS treatment underway in the early 2000s. But now,…


Technology: A Third Force

For centuries, we have tried to understand how our “animal nature” shapes our behaviour. Are we preordained by our genes to be who we are? Or are we products of…


Global Trade’s Costly Dilemma

Given the end of the Doha Round as we have known it, a major rethink of the WTO’s tariff-cutting approach is in order. What might tariff liberalisation negotiations for emerging…


Ethics of Corporate Social Responsibility

Traditionally, corporations were responsible only to their owners; and their primary and only objective was profit maximization. Corporations’ responsibility towards the community and the environment in which they operate was…


A Search for Productive Equilibrium

With the introduction of new technologies such as fertiliser and hybrid seeds, agricultural productivity has experienced an unprecedented rise in the past decades in almost all parts of the world.…


Importing Exports

Exports have nothing to do with satisfying people’s basic needs, such as education, health care, housing, power, water, telecoms, security, the rule of law, and recreation. But why should countries…


Commodity Conundrum

The global commodity super-cycle is hardly a new phenomenon. Though the details vary, primary commodity exporters tend to act out the same story, and economic outcomes tend to follow recognizable…


The End of Low Interest Rates

The past two decades have witnessed an extraordinary decline in both short- and long-term interest rates in the leading advanced economies, from levels of around four to six per cent…


Powers of Agent Banking

In October 2015, the National Bank of Ethiopia (NBE) came up with a new regulation to make the financial industry sound. In the eyes of private banks, the regulation is…


Banking – A Fight for the Cream

Sewagegnehu Dagne is a banking professional. He can be contacted at sewagegnehu22@gmail.com.


The Climate Crossroads

Gordon Conway (Prof.) is director of Agriculture for Impact, an independent advocacy, and chair of the Montpellier Panel.


Editorial

Ethiopia is in the midst of a state of emergency. At a press conference...


Agenda

Holidays are mostly considered by the Banks to be a peak season when it...


Fineline

Addis Abeba is in a bizarre mood lately. And for a...


Commentary

Over the past decade or so, Ethiopia has been in the limelight of globa...


Viewpoint

Over two-thirds of Africa’s people lack access to electricity. Approx...


Opinion

Karl Marx was not such a naive man, as some would be forgiven to think,...


View From Arada

Our subscribers to the print edition are entitled to get a bonus in a f...


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