The issue of inflation expectations has continued to catch the attention of many economic researchers in recent years, due to the mere fact that the public and economic agents’ perceptions about the perceived direction of inflation can significantly influence the inflation rate itself. In an...

Since independence, South Africa has engaged in various bilateral and regional free trade agreements (FTAs) in order to enhance exports diversification and stimulate aggregate growth of trade and productivity. This paper empirically investigates potential economic gains of South Africa (SA)-...

The disappointing economic performance of Sub-Saharan African (SSA) economies in the late 1980s prompted economic-wide policy reforms in the early 1990s. The primary objectives of these institutional and structural changes were to promote trade and export activities, enhance foreign direct...

My differences with the standard neoclassical model of the economy are legion and have literally filled a book. Debunking Economics (Keen, 2001) focused on the flaws in the micro side of neoclassical economics, because that is the wellspring from which all neoclassical economic fallacies...

The proposition that the Global Financial Crisis was inherently unpredictable is a recurrent theme amongst those charged with preventing such events. It is also a convenient untruth. A Netherlands academic did a rather better survey of the literature than Governor Stevens, to identify 12...