September 2011

Pak economic managers should focus on long-term goals

Daily Times, 30 September, 2011
Dr Warner E Liepach, Country Director, Asian Development Bank (ADB) has suggested Pakistan’s economic managers see beyond the current situation as the country has decided not to seek IMF programme for the time being.

Economic Growth, Not Income Redistribution, Is What Helps Us All

Forbes, 29 September, 2011
President Obama is proving a fundamental economic principle that economic growth provides vastly greater benefits for working people and the poor than redistribution. It is economic growth that is the key to prosperity and the good life for the middle class, working people, and the poor.

IFAD Grants Loan to Rwanda’s Agriculture Sector

Business Ethiopia, 29 September, 2011
The International Fund for Agricultural Development (IFAD) grants 39.8 million US dollars loan to the Republic of Rwanda to improve the livelihoods of poor smallholder producers and increase economic growth in partnership with private operators.

The economic impact of demographics in Asia

The Economist, 28 September, 2011
In its latest Asian Development Outlook, the Asian Development Bank calculates the contribution of Asia’s youthful demographics to its economic success over the past decade.

UN tells Asian-Pacific countries to go ‘green’

The Pioneer, 27 September, 2011
A new United Nations report has called on countries in Asia and the Pacific to embark on a ‘green’ industrial revolution that provides food, housing, mobility, energy and water with only about 20 per cent of the per capita resource use and emissions found in current systems.

Planning Commission’s poverty line not to impact socio-economic census

The Economic Times, 27 September, 2011
The on-going enumeration for a socio-economic census in the country may not be affected by the poverty line cut-off spelled out by the Planning Commission.

Memo to the G20: stop turning a blind eye to tax dodgers

The Guardian, 26 September, 2011
More successful tax collection has a huge part to play in poor countries’ development, not least because it would enable people living in poverty to benefit from better provision of public services such as schools and hospitals.

Dialogue on framework for economic growth in Pakistan

Pakistan Observer, 23 September, 2011
Reforms in bureaucracy, a new approach, patriotism and vibrant & competitive markets are necessary to increase growth rate so that the economy could be put on track of development. This was the consensus developed at a stakeholders’ dialogue on ‘Framework for Economic Growth Pakistan’ held at Sindh University.

Economic crisis: new world, old maps

The Guardian, 22 September, 2011
Without swift and radical measures, world prosperity could be laid waste for a generation.

Europe Looks for Ways to Prod Growth in Greece

The New York Times, 22 September, 2011
The European Union said on Thursday that it was exploring new ways to try to stimulate economic growth in Greece, with one senior official acknowledging that Greek citizens were on the verge of rejecting any more austerity measures.

Perpetual economic growth damaging and impossible

The Daily Athenaeum, 22 September, 2011
The premise that economic growth is always good is so deeply entrenched in our cultural mythology. We collectively assume that growth is always good, which needs a rethink.

Agriculture, Solution to Nigeria’s Economic Woes

ThisDay, 12 September, 2011
Agriculture is one of Nigeria’s most powerful tools in addressing its goals of creating more employment, better public health, and greater economic growth, says Director General of the International Institute of Tropical Agriculture (IITA), Dr. Peter Hartmann.

Turkey’s economic model faces tough test

Financial Times, 11 September, 2011
One of those downside risks faced by Turkish economy is a potential fall in domestic demand, which now plays an outsize role in Turkey, accounting for some 70 per cent of GDP.

UK economic growth to remain weak, warns OECD

Public Finance, 09 September, 2011
The UK’s economic recovery will remain‘weak’ throughout the rest of 2011, but growth will improve in 2012, said the Organisation for Economic Co-operation and Development in a report on the UK economy.