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…

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No Roads, No Votes

Without a doubt, the people in developing countries are right in emphasizing the importance of roads.  It is for many villages, the very definition of modernity…

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Our CTED operations Ghana

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…

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Live from the WEF Today

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…

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Is There a Separate Economics for Africa?

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?

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Congratulations to Tom Sargent

I just came back from the New York University dinner gala celebration for Tom Sargent in recognition of his award of the Nobel Prize…

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Ivory Coast: The Contrarian View

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…

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Further Comments on Ending Bribery

For a follow-up on Ending Corruption in Africa, and reflections on issues brought up by the Anas Aremeyaw Anas video, see this paper by my good friend and colleague Atsu Amegashie, an economist at U. Guelph in Canada.

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Ivory Coast: Declare Victory and Rule

In my earlier post on Ivory Coast, I praised the African Union (AU) and the Economic Community of West African States (ECOWAS) for their boldness in suspending Ivory Coast from their bodies to protest the fact that the incumbent would not agree to leave…

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Kwame the Cabby, Brain Drain and Health

I took a cab this morning – it was a Ghanaian taxi driver. He remembered picking me up several years ago. What a memory he has. Anyway, he has 4 children, two older ones one of which is a doctor…

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