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The list of illness afflicting Angolan society is a long one: political instability, civil war, macroeconomic mismanagement, and the desperation born of poverty. A profound sense of uncertainty afflicts all levels of society - the government (and its opponents), entrepreneurs and rural and urban...
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Over the last five years, in an era of unprecedented global wealth creation, the number of people living in chronic poverty has increased. Between 320 and 443 million people are now trapped in poverty that lasts for many years, often for their entire lifetime. Their children frequently inherit...
Persistent link: https://www.econbiz.de/10014140697
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Inequality has risen in many countries over the last two decades, especially in the transition economies, but also in many developing and developed economies. This is disturbing since little progress can be made in poverty reduction when inequality is high and rising. Moreover, contrary to...
Persistent link: https://www.econbiz.de/10010279357
Growth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak and when the fiscal deficit and public debt are not managed successfully. And large-scale aid and debt relief cannot work without a good fiscal system. The macroeconomic...
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