Tag: Industrial Policy
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Rodrik’s Plan: Repairing the Economy Without Manufacturing Jobs
Overview: Reassessing Growth in a Fractured World In Shared Prosperity in a Fractured World: A New Economics for the Middle Class, the Global Poor, and Our Climate, Dani Rodrik challenges a long-standing assumption that manufacturing is the keystone of robust, inclusive growth. The book, newly published by Princeton University Press, surveys how advanced economies can…
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Can We Repair a Broken Economy Without Manufacturing Jobs? A Look at Dani Rodrik’s Shared Prosperity
Overview: A New Economics for a Fractured World Harvard economist Dani Rodrik asks a provocative question: can we repair a broken economy without relying on traditional manufacturing jobs? In Shared Prosperity in a Fractured World: A New Economics for the Middle Class, the Global Poor, and Our Climate, Rodrik argues that democratic legitimacy and broad-based…
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Government Plans Relief for Salaried Class and Industries in Next Budget
Overview: A Strategic shift away from mini-budget In a decisive move, Prime Minister Shehbaz Sharif has directed policymakers to forgo any mini-budget this fiscal year. The emphasis is squarely on delivering a comprehensive budget strategy for the upcoming financial year that prioritizes relief for the salaried class and strengthens support for key industries. The approach…
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Ghana’s AfCFTA Trade Gap: Imports Outpacing Exports Under AfCFTA, Trade Expert Says
Ghana’s AfCFTA Trade Gap: An Emerging Challenge Ghana is reporting higher imports than exports under the African Continental Free Trade Area (AfCFTA), a trend highlighted by international trade analyst Louis Yaw Afful. The Dallas-based consultant, who specializes in AfCFTA dynamics, noted that while integration into the continental market offers opportunities for market access and efficiency,…
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Export-Led Growth in Pakistan: Why Simple Measures Fail
Introduction: The Export Narrative and the Reality Many economic managers in Pakistan lean on exports as the silver bullet for broader macroeconomic challenges. The logic is straightforward: boost production for foreign markets, earn hard currency, and stabilize the balance of payments. Yet, in practice, these expectations collide with a web of structural weaknesses, policy gaps,…
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Starmer urged to confront China over £2bn British Steel bill
Background: Why the £2bn bill matters The future of British Steel has long hinged on a delicate balance between national strategy and international investment. The current dispute centers on who should bear the cost of cleaning up legacy pollution and decommissioning obligations tied to the former state of British Steel, now owned by Jingye Group…
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Starmer urged to face down China over £2bn bill for British Steel
UK politicians press Starmer to demand Jingye accountability As Labour leader Sir Keir Starmer heads to Beijing amid rising tensions over the British steel industry, political observers say the prime minister-in-waiting should push China’s Jingye Group to bear the full £2 billion cost of cleaning up legacy pollution from British Steel. Critics argue that letting…
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Ministry of Trade Creates 540+ Jobs in Samia’s First 100 Days of Second Term
Introduction: A Quick Pivot in Tanzania’s Economic Narrative In a rapid stride toward strengthening the country’s trade and industrial base, Tanzania’s Ministry of Trade and Industries reports the creation of more than 540 direct jobs within the first 100 days of President Samia Suluhu Hassan’s second term. This early achievement is framed as a tangible…
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Ministry of Trade Creates 540+ Jobs in Samia’s First 100 Days (Second Term)
Significant Job Growth in a Short Window In a landmark achievement within the first 100 days of President Samia Suluhu Hassan’s second term, the Ministry of Trade and Industries reports the creation of more than 540 direct jobs. This surge in employment is framed by the government as a tangible manifestation of its vision to…
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Trade Ministry Creates 540+ Jobs in Samia’s First 100 Days of Second Term
Introduction: A Strong Start for Tanzania’s Trade Agenda In the opening months of her second term, President Samia Suluhu Hassan has steered a focused economic agenda through the Ministry of Trade and Industries. Within just under 100 days, the ministry reports the creation of more than 540 direct jobs, highlighting a tangible impact of policy…