NEWS ANALYSIS | THE INDEPENDENT | The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and to support other decarbonisation goals. The …
Read More »US dollar is getting stronger
Why African countries that are feeling the pain are left with few and challenging policy options COMMENT | JONATHAN MUNEMO | The U.S. dollar has been advancing rapidly in response to the Federal Reserve’s resolve to keep raising policy rates for longer to regain control of stubbornly high inflation. This has …
Read More »Africa’s free trade area boosts China
China is positioned to gain from significant constraints to accelerating and diversification of intra-Africa trade COMMENT | JONATHAN MUNEMO | The African Continental Free Trade Area (AfCFTA) intends to promote regional trade integration in Africa, which can play an important role in accelerating sustained growth and reducing poverty on the …
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