The economy is nothing else than a system of social relations. If productivity undermines those relations, the economy itself crumbles, even when profits (at least for someone) may go up.
The most expensive path of sending money was from South Africa to Zambia, Malawi, Botswana and Mozambique. The high charges are a result of anti-money laundering regulations, but also excessive market concentration of banks
Sovereign debt is being watched carefully across Africa as a prolonged commodity markets slump and a stronger dollar makes it more difficult for governments to keep up with their repayments.
Quarterly and annual rankings of 200 countries, based on how they are described in major media. This initial index tracked five million mentions of countries and territories in 38 leading media sources, April – June 2008.
WEF says African businesses can become far more competitive, but governments will need to improve access to finance, resist pressure to erect trade barriers, upgrade infrastructure, improve health and strength institutions
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