Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and developing economies’ (EMDEs) currencies have weakened sharply. Will these currency movements support the recovery of these economies?
Building on a new...
Not a day seems to pass without further evidence of the mounting economic tensions between China and the United States, the world’s two largest economies. This growing antagonism will have a bigger immediate impact on China than on the US, as bilateral decoupling fuels a broader ongoing process of...
What do the Calabrian organized crime syndicate ‘Ndrangheta, Hertz, China’s Sichuan Trust, and the US Federal Reserve have in common? They are all deeply entangled in a financial system that has turned credit intermediation into a debt mint that produces assets to enrich investors but leaves households, firms, and...
When the wrath of COVID-19 began to ravage world economies, take lives and alter our way of life, many thought it was just a temporal occurrence. Six months down the line, we are still keeping social distance, wearing our face masks, and regularly washing or sanitising our hands. As...
The 1992 Constitution provides three unambiguous answers to the question of Citizenship by birth.
The 1st is found in Article 6(1), which provides:
“(1) Every person who, on the coming into force of this Constitution, is a citizen of Ghana by law shall continue to be a citizen of Ghana.”
This provision...
Once COVID-19 abates, we will be reminded of how everything changed, of the world that was. But the unfolding crisis contains profound lessons for the future. When international delegates met at Bretton Woods in July 1944 to devise a postwar world, the war was still far from over. Yet,...
Banking in Ghana has been traditionally brick and mortar for some years until competition and customer sophistication drove banks to roll out innovations such as online banking services and other platforms for clients to transact business with ease. Most banks have evolved from the regular internet/online banking to collaborating...
According to a new United Nations report, global rates of hunger and malnutrition are on the rise. The report estimates that in 2019, 690 million people – 8.9% of the world’s population – were undernourished. It predicts that this number will exceed 840 million by 2030.
If you also include...