To act on climate change, the gap between their short-term debt and long-term investment must be closed COMMENT | ISHAC DIWAN & VERA SONGWE | If developing economies found it hard to manage their debts in 2023, they are likely to face even more formidable challenges this year. Though most …
Read More »164 countries ranked on prosperity, freedom
Uganda improves on freedom, lags on prosperity COVER STORY | THE INDEPENDENT |Is freedom a precondition of prosperity? Do countries that become freer also become more prosperous? How are freedom and prosperity distributed around the world today? What has been the evolution of these measures in the past twenty-eight years and …
Read More »Russia extends ban on transportation of goods by trucks from unfriendly countries
Moscow, Russia | Xinhua | Russia extended the ban on the transportation of goods across the country by trucks from unfriendly countries until Dec. 30, according to the official legal information portal on Friday. “The ban on international road transport of a number of goods on the territory of Russia by …
Read More »ANALYSIS: Why are more countries eager to join BRICS?
Beijing, China | Xinhua | Bangladeshi newspaper Dhaka Tribune has reported that Bangladesh has formally applied to join BRICS, an acronym of five major emerging economies — Brazil, Russia, India, China and South Africa, once again drawing wide attention to the expansion of its membership. After over a decade of development, …
Read More »Politics in plural societies (Part 2)
How good institutions become dysfunctional in heterogenous countries with deep interethnic divisions THE LAST WORD | Andrew M. Mwenda | So, we begin from where we stopped last week with lessons from my former lecturer at the University of London, Mushtaq Khan. Studying South Korea and Pakistan, he found that what makes …
Read More »Politics in plural societies
How good institutions become dysfunctional in heterogenous countries with deep interethnic divisions THE LAST WORD | Andrew M. Mwenda | Last week, a friend sent me a long dissertation about Why Nations Fail: The Origins of Power, Prosperity and Poverty, a book by James Robinson and Daron Acemoglu. Why Nations Fail is …
Read More »As war rages in Sudan, countries angle for advantage
Even before its two leading generals went to war last week, “everyone wanted a chunk of Sudan,” an expert said of the strategically located country rich in natural resources Kampala, Uganda | NEW YORK TIMES | As war consumes Sudan, nations from around the world have mobilized swiftly. Egypt scrambled to …
Read More »Funding climate change-induced losses and damage
UN moves to set-up Fund for poor and developing countries Kampala, Uganda | RONALD MUSOKE | The United Nations has established a transitional committee to begin work on operationalizing a new fund whose purpose is to respond to climate change-related losses and damage in poor and developing countries like Uganda. …
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