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 our environment, that is, how we are raised and taug...


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 economies look like if economists, in...


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 oper...


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. Not so in Sub-Saharan A...


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 give precedence to s...


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 patterns. But the elemen...


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 in the 1990s to close to zero today.


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 a disaster. They argue that it is a mechanism to ma...


Banking – A Fight for the Cream


Based on the report by the World Economic Forum (WEF), Ethiopian financial market development is one of the least developed in the world. This translates into efficiency, trustworthiness, availability, affordability and...


The Climate Crossroads


Africa is at a crossroads. How the continent chooses - and is supported in efforts - to address the impacts of climate change will decide if its millions of smallholder farmers are able to progress. By extension, this wi...


The African Breadbasket


On the first World Food Day in 1945, people around the world celebrated the creation of the United Nations Food & Agriculture Organization (FAO) and the launch of the first coordinated global action to combat hunger.


Redrawing the World Bank


  Last week, finance ministers, central bankers and development economists gathered in Lima, Peru, for the World Bank’s annual meetings, where the debate focused on how the institution’s agenda fits our chang...


Unlearning Green Revolution


The development community has been crowing of late about the obvious need to revamp African agricultural practices. Not since colonial times has it been so easy to blame small peasant farmers for the continent’s develo...


The Art of Sharing


When Amazon was founded in 1994 and eBay the following year, they harnessed the connectivity of the Internet to create new, more efficient markets. In the beginning, that meant new ways of buying and selling books and co...


Banking Better Through POS


A Point of Sale (POS) terminal is a device that provides customers of banks with access to financial transactions in public places. This machine solves the problem of carrying cash for the customers and decreases cash ma...


Bottled Risk


Over the last 15 years, the bottled-water industry has experienced explosive growth, which shows no sign of slowing. In fact, bottled water - including everything from “purified spring water” to flavoured water and w...


Editorial

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Agenda

The health sector has always been an issue that has long concerned the...


Fineline

There could perhaps be no political party in the wo...


Commentary

In today's growing market place, many businesses are trying to make pro...


Viewpoint

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Opinion

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View From Arada

It has been almost six months since the announcement of the state of em...


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