Page 7 - Structural Adjustment News Today

Carnegie Endowment for International Peace Source: Getty Summary:  Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the ...

Punch Newspapers Sections ENIOLA AKINKUOTU Published 12:12 am In this piece, ENIOLA AKINKUOTU examines the life and times of activist, Yinka Odumakin, who died of COVID-19 complications on Friday Soldiers are formed not within the confines of quotidian comforts, but in the middle of struggles against tribulations in pursuit of a higher cause. This perhaps explains why the All Progressives Congress leader, Asiwaju Bola Tinubu, said on Saturday that the story of Nigeria’s current democratic di...

3 min read Human rights lawyer, Femi Falana, has narrated how late Yinka Odumakin, the ex-spokesperson of Afenifere, was expelled from the Obafemi Awolowo University (OAU). Mr Odumakin died on Saturday at the intensive care unit of the Lagos State University Teaching Hospital where he was being managed for respiratory issues due to complications from COVID-19. President Muhammadu Buhari and other dignitaries in the country had described Mr Odumakin as a man of conviction and a s...

Advertisement Many prominent Nigerians, Reacting in a statement, Falana said Odumakin married Josephine, who is from the Igbo extraction, owing to his belief in national integration. Advertisement He said the deceased often called him to discuss the state of the nation and seek clarity on constitutional matters despite their ideological differences. “Notwithstanding our ideological differences, Yinka consistently called on me to discuss the state of the nation and seek clarifications on major...

An African agenda at the World Trade Organization Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by Dr Ngozi Okonjo-Iweala takes office as World Trade Organization (WTO) Director-General today, on 1 March. As the fir...

Dr Ngozi Okonjo-Iweala took office as World Trade Organisation (WTO) Director-General, on 1 March. As the first female and first African in this position, she joins other Africans at the top of powerful multilateral organisations – Dr Tedros Ghebreyesus at the World Health Organisation, Dr Amina Mohammed at the United Nations and Makhtar Diop at the International Finance Corporation. There’s a sense that this is Africa’s time at the WTO, and there are great expectations that Okonjo-Iweala...

Building safer, more resilient African cities requires understanding the historical-institutional roots of the building safety problem. Photo by Virgyl Sowah/Unsplash Incidents of building collapse are worryingly common in large African cities. One study counted 54 building collapse deaths and 122 injuries in Kampala, Uganda, between 2004 and 2008. Another identified 112 cases in Lagos, Nigeria, from 1978…

Beijing Consensus January 10, 2021 The Washington Consensus comprises the United States Department of the Treasury, the World Bank and the IMF. The Washington Consensus is a set of ‘economic policy prescriptions’ or a so-called ‘development plan’ for ‘developing countries’. The Washington Consensus revolves around market-led capitalism, trickle-down effect, privatisation, debt-laden stabilisation programs, debt-laden structural reforms and poverty reduction. For the record, a numb...

Nigeria has what it takes to achieve first-world development, argues Olisakwe Okafor With the recent protests by youths demanding an end to police brutality and also demanding for better standards of living, it is relevant to explore ways of achieving rapid development and first-world development status for Nigeria within the 2020s decade. The nation’s various governments have published many development plans with the intention of transforming the nation into a first-world country. However, w...

Expenditures -- >> austerity. >> austerity parties that were very hard on the population. so, we see increasing inequality in a region that traditionally had very high levels of inequality. >> the backlash in liberalism and imf program called structural adjustment at the time which imf said, we will write down your debt, forgive your debt, write down your debt if you dot following, which is balance budgets, cut social services, et cetera. is that your understanding of this sort of reaction in li...