Economy

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

The altar is no alternative

In this paper, the brothers Ashish and Miloon Kothari have ably examined the effects of the new economic policy (nep) on India's environment during the post-reform period (1991-1995). They strike home when they say that the effect of the nep on the environment can at best be described as "throwing …

Premature Death

at an exhibition on air pollution in India's metros organised by the Centre for Science and Environment in Delhi, the Danish development journalist Knud Vilby asked a question: Why did Delhi have a heavier vehicular pollution load, when it had lesser population than either Bombay or Calcutta? The answer lies …

Two nation theory

people call this phenomenon by different names. Some call it India-1 and India-2. Others, one-third India and two-thirds India. Now that economic liberalisation is boosting wealth generation, many fear that this process will exacerbate economic inequalities, which are pretty bad already. The poor may grow somewhat richer but the gap …

The economics of science

science and technology ( s & t ) reforms in China have neatly dovetailed into a dramatic transformation of the country's economy. A good case in point is the Fugou county in central China's Henan province, once a dusty landscape, where 70 per cent of the land area comprises sand …

Of formation formats

J J Wiseman and P T P Ho of the Harvard-Smithsonian Center for Astrophysics, Massachusetts, US, have reported the presence of a remarkable system of filaments of molecular gas behind the Great Nebula of the Orion constellation; this constellation is one of the most studied star formation regions in space. …

Gene or genie

an exciting experiment has opened up new vistas for arthritis research. For the first time gene therapy has been tried on a chronic disease which is not life-threatening. It is also the maiden effort at using gene therapy to correct an autoimmune disorder like rheumatoid arthritis. An autoimmune disorder is …

The culprit is

the preparatory phase of the World Summit for Social Development witnessed the launch of several research projects relevant to and in support of issues like poverty, unemployment and social integration, to be discussed at the summit. The book under review is one of these. This book which is well-researched and …

Taking stock

The workings of currency markets has perplexed economists for a long time. The dynamics of speculative markets has been studied and modeled extensively with the hope of trying to beat the market. Now surprisingly, S Ghashghaie and his team has shown that the information cascade in markets follows the same …

CHINA

Villages situated on the banks of the Shenzen river in south China are at the receiving end of the booming development in Hong Kong, as thousands of tonnes of industrial, livestock and human waste are dumped into the river. Efforts at cleaning up the river by Hong Kong have proved …

Making of a nightmare

pakistan is under siege. Hordes of tiny pests that have developed a penchant for defying the commonly used pesticides are swamping the nation, ticking away like a time bomb in the soft underbelly of the country's economic system. These hordes have been generated

DEADLY NUMBERS

Nepal has more than 5,200 AIDS patients and there may be between 5,000 to 10,000 HIV-positive cases. According to medical experts, by the end of the century, the country may have 22,000 to 50,000 HIV-infected cases and nearly 9,000 AIDS patients. But the World Health Organization puts the present number …

UNITED NATIONS

The first comprehensive status report on tobacco consumption all over the world has been prepared by the World Health Organization. The study revealed that around 1,100 million individuals around the world smoke regularly. While use of tobacco has decreased in developed countries since the early

FARMERS` REVOLT

The shortage of fertilisers is proving to be a major cause for the current peasant unrest in Bangladesh. Farmers, unable to grow the region's main rice crop this season, demonstrated before the district collector's office in North Bengal to voice their protest. They are also demanding a fair price for …

HARDY SURVIVOR

Twin problems of war and drought has eaten into the Sri Lankan economy. However, the resilience of the economy to fight back during previous shocks has seen it past most major crises. This time too, analysts hope that the economy will turn around. Says Patrick Amarasinghe, chairpersoR of the Federation …

The 20th century Nostradamus

WITH the advent of the modern era, people had long began conjecturing about the future, maintains Barry Minkin. Which way will the wind of change blow? This is the focus of the book in which business consultant, speaker and futurist Minkin has enlisted 100 trends that will most influence business …

Winding roads to welfare

THERE appears to exist today a 'consensus' that industrialisation is the solution for our economic woes. This simple statement actually hides a deep philosophical standpoint. The question that is needed to be asked is, whether consumption alone is sufficient to ensure the welfare of an individual or is it equally …

Living with floods

THE book Rivers of life is a result of an exhaustive study based on assessments of existing flood control works in Bangladesh, of related documents, interviews with flood-affected people and Bangladeshi experts, and interactions with donor agencies for a Flood Action Programme (FAP). An excellent book which focusses on the …

SPEED IS THE NEED

Bangladesh wom retain a sluggish annual gross domes product (GDP) rate below five per a unless it improves its pace of refom warns the World Bank (WB). A rece study conducted by WH foresees Ah, GDP growth rate at 4.7 per cent 1996-97 in the absence of a bold approach …

Precarious perch

RECESSION, debt and oil crisis are common features of the present decade, which crippled the economy of many countries. The decade expe rienced very little stimulation and support to the health system. It is within this context that interes in the sustainability of healthcare in developing counte emerged, and questions …

Taxing times

Environmentally sustainable development is the high point of talk in almost all international fora these But a key policy question is the extent to which the existing tax and subsidy regimes encourage or sustainable use of the environment. The subsidies in 1991 for electricity and fossil fuels are estimated around …

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