The French political response to the continuing riots has focused most on the need for more multicultural “understanding” of, and public spending on, the disenchanted masses in the country’s grim banlieues (suburbs). What has been largely ignored has been the role of France’s economic system in contributing to the current
One of the most striking features of the economic environment of the past two decades has been the extent of the trade liberalisation carried out by the global community. Many large multilateral organisations such as the World Bank and the International Monetary Fund (IMF) have regularly promulgated advice based on
SAs remaining foreign exchange controls have become purposeless and the national treasury should abolish them, Reserve Bank governor Tito Mboweni said yesterday.
His views appear to be at odds with government policy of gradually relaxing exchange controls. In the mid-term budget unveiled by Finance Minister Trevor Manuel two weeks ago,
USAID has become a magnate of malaria control by virtue of its deep pockets — but has little to show for the millions it spends.
According to the World Health Organisation’s Roll Back Malaria Partnership (RBM):
Malaria in Africa has increased or remained the same since 1998.
Malaria has risen sharply in several
Germany’s economy has fallen on hard times with no end in sight. Gross domestic product (GDP) growth for 2005 is estimated to remain at the paltry 1 per cent rate it averaged during the entire decade of the 1990s, while unemployment has remained consistently above 10 per cent.
The stagnant
Canadians are blissfully unaware of the true cost of their health care system. At the point of use, consumption is free, financed from general government revenues rather than through a dedicated tax. Also, because the numbers are presented as aggregate, Canadians often misunderstand the true cost. However, it is becoming
