Last month, Ryan took a look at the impact of the financial crisis on microfinance in Latin America, arguing that uncompetitive microfinance markets and small or inexperienced MFIs were responsible for increased premiums.
Vox has an informative article by two South African economists, Peter Draper and Gilberto Biacuana, highlighting the effects of declining trade flows on African growth. The first half of the piece offers an excellent summary of Sub-Saharan Africa's economic state as a result of the crisis. The authors argue that the crisis has affected Africa mostly through reduced exports and commodity prices, along with declining capital inflows.
Last Wednesday, before heading to California for the long Thanksgiving weekend, I wrote that "Dubai is looking to be the ultimate boom and bust story&qu
Editor's note: Dorsati Madani is a Senior Economist at the World Bank's Strategy and Analysis Unit (CICSA) of the Investment Climate Advisory
Yesterday I discussed the launch of the latest Doing Business sub-report, which focuses on the ease of paying taxes. This is a laudable effort- paying taxes is painful enough to begin with, why make it more difficult than necessary?