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The simplest fix for banking

Monetary authorities could introduce a digital currency to make the payments system more fluid COMMENT | Jan Eeckhout | Last year, the Nobel Prize in Economics went to two economists who study the dynamics of bank runs, as well as to former U.S. Federal Reserve Chair Ben Bernanke for his work analyzing …

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Leveraging the International Chamber of Commerce

How Ugandan MSME can benefit from its focus on strengthening the institutional capacity of Chambers of Commerce & Industry COMMENT | David Bikhado Ofungi | The past decade has been associated with a revaluation of what corporate citizenry means. For a long time, companies were happy to park the Corporate Social Responsibility …

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Can governments still steer the economy?

The national budget’s purpose should be to use fiscal policy to protect the least well-off from disruptive blows COMMENT | Robert Skidelsky | In 1969, the British financial journalist Samuel Brittan published a book called `Steering the Economy: The Role of the Treasury’. At the time, it was still widely assumed that …

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Winning the cancer war in Sub-Saharan Africa

Noncommunicable diseases are expected to overtake infectious diseases as the region’s leading cause of death by 2030, following a sharp increase in cancer-related mortality COMMENT | Miriam Mutebi | Noncommunicable diseases (NCDs), such as cardiovascular disease, cancer, diabetes, and obesity, kill 41 million people per year, with 77% of these deaths occurring …

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Sam Mugumya: Unbowed in dissent

COMMENT | Olivia Nalubwama | “I think of you as the freest person I know…Then everyone you know is a slave.”This haunting line is from the Ayi Kwei Armah’s classic book, The Beautyful Ones Are Not Yet Born, on the failure of post- independence African leaders. Enter Sam Mugumya. In 2014, …

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The shakeup the World Bank needs

If the Bank fails to listen to the demands of developing countries, the West will lose them COMMENT | Ana Palacio | Major changes are afoot at the World Bank, but few people seem to be paying attention. Beyond devising a new, greener mission, the Bank is undergoing a leadership transition, with …

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What’s next for globalisation?

The future of the world economy will depend on how these competing policy frameworks play out COMMENT | Dani Rodrik | The narrative that underpins the current global economic system is in the midst of a transformative plot twist. Since the end of World War II, the so-called liberal international order has …

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