Five years ago, economists prophesied a prosperous future for Nigeria, and the rest of the continent. Yet today, the country is facing what one leading Nigerian academic recently told me is its “biggest crisis since independence”. The devaluation of the Nigerian naira by 230% over the past year, along with a huge rise in inflation, has sparked an economic crisis unequalled in its modern history. With meat, eggs and milk now a luxury, there have been reports of people in the north of the country being forced to eat poor-grade rice usually used as fish food.
EU politics
International Adviser: EU targets US for tax haven blacklist
The US is one of the prime tax havens in the world. Tax dodging however has priority in neo-liberalism and the EU supports this. Thus there is little chance of anything changing. Read here
Austerity
Sharun Mukand and Dani Rodrik: The divided public heart
Is politics driven by pragmatic self-interest or by identities and ideals? The self-harming voter offers a clue. This is a long read, but it is the weekend and it is time well invested. Read here
Austerity
Politico: Europe’s losing streak – Why Brussels feels so dazed and confused in 2018.
Nice try, but these articles always fail when they claim the EU has missed a chance to realise a new vision for its future. There is only one vision for the EU and neo-liberalism with […]
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