Posts by Yaw Nyarko

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On My Way to Abu Dhabi

by Yaw Nyarko

I am on my way to Abu Dhabi, the capital of the UAE – the United Arab Emirates.   Earlier today in New York I spoke to a Nigerian worker at a bank who thought Dubai was a country and Abu Dhabi its capital – just to show how this country, formed in 1971, and particularly […]

Ghana’s Currency Tumbles

by Yaw Nyarko

Ghana’s Currency Tumbles The value of the Ghanaian cedi has taken a somewhat big hit recently, measuring a decline of 8% against the dollar in January, and continuing in its downward trend with a 1.2 percentage point decline in the past several days (See below, Chart from Bloomberg.com). Within days of the beginning currency volatility, […]

Our CTED operations Ghana

by Yaw Nyarko

I am just leaving Ghana to New York. We just opened in Accra a building next to the NYU in Accra campus which we will use as the Ghana office of our Center for Technology and Economic Development (CTED). We are hoping that our research will actually improve the lives of poor people. We do […]

Live from the WEF Today

by Yaw Nyarko

I watched a live session of the World Economic Forum today – no I am not in Davos but watching this from computer in freezing New York. I logged on halfway through. Prez Jonathan sounded good and very presidential. President Kagame, in asking a question from the floor, was all over the place – unclear […]

Is There a Separate Economics for Africa?

by Yaw Nyarko

On my mind today, perhaps because I am doing some proposal writing, is something that has been nagging me for years, and perhaps explains a lot of the economics I do. Is there a separate economic theory for poor, different from the rich? Is there a separate economics for Africans, different from that of Europeans and Americans? […]

Congratulations to Tom Sargent

by Yaw Nyarko

I just came back from the New York University dinner gala celebration for Tom Sargent in recognition of his award of the Nobel Prize.  It was a really grand affair in the Plaza Hotel – a wonderful old style New York Hotel with an elegant ballroom.  In his speech, Tom gave an interesting comparison of the […]

Ivory Coast – The Contrarian View

by Yaw Nyarko

  Almost every international body has condemned the incumbent and presumed loser of the recent Ivory Coast election: the African Union, the Economic Community of West African states (ECOWAS), the UN, many African countries, etc.   On the other hand, many of my own African friends and colleagues have voiced alternative views.   They have two main […]

Kgalema Mothlante at NYU – says Ouattara won election

by Yaw Nyarko

The Vice President of South Africa, Kgalema Mothlante, stopped by NYU for a public lecture co-sponsored by Africa House.   As with most events, the really interesting things happen during the Q & A.  One questioner asked why it seems South Africa has been flip flopping so much on Ivory Coast.   (The Economist described SA’s foreign […]

Further Comments on Ending Bribery

by Yaw Nyarko

For a follow-up on Ending Corruption in Africa, and reflections on issues brought up by the Anas Aremeyaw Anas video (click here) see this paper below by my good friend and colleague Atsu Amegashie, an economist at U. Guelph in Canada. Kafo Didi: Living Large but Producing very Little J. Atsu Amegashie February 11, 2011 Conventional wisdom strongly […]