Possible ways out of the economic crisis in Russia range from monetary policy to structural changes, writes Enitan Damilola Temidayo, 23, a Correspondent from Nigeria now studying in Moscow, as he looks at the short and long-term views. Talking about short-term solutions to economic crisis, economists always turn to monetary policy, fiscal policy and devaluation. Monetary …
A divisive political situation threatens to damage ten years of economic and social progress in Kenya, writes Folmi Yohanna, 28, a Commonwealth Correspondent from Bauchi State in Nigeria. In recent times, Kenya has been regarded as one of the stable democracies in Africa, a regional player in East Africa, a major communications and logistics hub, …
Rhetoric around the benefits of diversification of revenue and industrialisation of African economies is in vogue for reports, conferences and television shows, writes Samasi Anderson, 21, a Commonwealth Correspondent from Bayelsa State, Nigeria, but implementation has been slow to unfold. What we hear proposed are implementable, theoretical foundational approaches to the diversification of revenue source and industrialisation …
“Building for economic diversification in Africa” Read More »
Finance is the driver of economic activities and serves as a medium of exchange in today’s world. Samasi Anderson, 21, a Commonwealth Correspondent from Bayelsa State, Nigeria, looks at options for creating a robust financial system in Africa. A society that provides equitable socio-economic opportunity is built on a viable financial system, because the system provides the …
On the final day of the 11th Commonwealth Youth Forum, the young people of the Commonwealth finalised their declaration, expressing their policy recommendations to Heads of Government and action plan for the Commonwealth Youth Council. Layne Robinson, Head of Social Policy Development at the Commonwealth Secretariat said that the young people spoke very clearly on …
Commonwealth Youth put forward Declaration and Action Plan to power their common future Read More »
Africa’s aspirations for socio-economic transformation over the next 50 years are captured in Africa Agenda 2063. But how should these and other development goals be financed? Enitan Damilola Temidayo, 23, a Correspondent from Nigeria now studying in Moscow, explores some of the options he believes are available to the African continent. According to Suzy Ross, “Transformation …
Trinidad and Tobago’s oil refinery Petrotrin closed its operations just over a week ago, leaving thousands of workers out of a job. Aura Whittier, 18, a Correspondent from San Juan, Trinidad questions whether the decision to close the oil refinery is the right one. “Trinidad and Tobago, even though small in size, is a significant …
Unpredictable weather, price volatility and post-harvest losses could be a thing of the past, writes Michael Gyekye, 26, a Commonwealth Correspondent from Ghana, who believes data and AI are the future of farming. A wealth of information is hidden in daily figures on farming activities, local environmental conditions and global market activity. What if this …