This article is about improving the micro and macroeconomics of betting, not morality or the law. We are primarily award-winning economists who collaborate with other professionals to find innovative ways to benefit society even during the direst circumstances. To a thoughtful macroeconomist, anything can be made lucrative. Even betting can be a win-win where the […]
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Executive Summary This report provides a definitive macroeconomic framework for sovereign debt management, designed for Kenya and adaptable to other African nations. It moves beyond the superficial political discourse surrounding debt—as recently exemplified by critiques within the Kenyan Parliament—to address the fundamental structural and institutional deficiencies that precipitate fiscal distress. The central thesis is the
Digging Deep: A Framework for Debt Management and Fiscal Sustainability in Africa Read More »
Executive Summary This report examines the macroeconomic and social consequences of austerity policies implemented or projected between 2022 and 2025, particularly focusing on their disproportionate impact on racial, ethnic, and vulnerable groups across Europe, the Americas, Asia, and Africa. Austerity, traditionally defined as a set of political-economic policies designed to reduce government budget deficits through
Surviving Tariffs 101: An Operational Guide for Countries Introduction: In November 2024 we advised, based on the 2016-2020 experience that tariffs by the US against China would have the effect of increasing prices for the US consumer by at least 20% . We argued that due to several quiet fiscal macroeconomic policy measures taken by
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The abrupt reduction of US funding for HIV / AIDS , TB, malaria and other essential health programs creates an immediate public health crisis in Kenya and other African, Asian and Latin American countries heavily reliant on external support. This report, based on the “Kenya Health Sector Transition Roadmap, 2022-2032” offers urgent guidance on prioritizing
