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Aid, Institutions And Development: New Approaches To Growth, Governance And Poverty

In spite of massive flows over the past 50 years, aid has failed to have any significant impact on development. Marginalization from the world economy and increases in absolute poverty are causing countries to degenerate into failed, oppressive and, in some cases, dangerous states. To address this malaise, Ashok Chakravarti argues that there should be …

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Institutions, Economic Performance and the Visible Hand: Theory and Evidence

This timely study convincingly argues that it is not resources but the institutions which govern the interaction and decision-making of economic and political agents, that are the key factor in determining the economic performance of nations. The book challenges the conventional wisdom on the determinants of economic performance and provides an alternative vision of the …

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Imperfect Information & Opportunism

Journal of Economic Issues, Vol. 51 Issue No. 4, December 2017 www.tandfonline.com/doi/full/10.1080/00213624.2017.1391594 IMPERFECT INFORMATION AND OPPORTUNISM Information is a scarce resource. It is inherently available only in limited form to decision makers. Limited or imperfect information is caused by uncertainty – both ontologic and epistemic, limitations in cognitive capabilities or bounded rationality, hidden information and …

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New Economic Environment in Zimbabwe

Ashok Chakravarti explains the new policy direction in Zimbabwe after the fall of Robert Mugabe

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Zim Bank Deposits Are Not In US Dollars

Video: Ashok Chakravarti explains that Zimbabwe bank deposits are not really in $US.

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Zimbabwe currency crisis: No cash, no bread, no KFC

By Andrew Harding, BBC News, Harare A deepening unease is settling over Zimbabwe as the country’s fragile local currency loses value at an alarming speed, prices soar, local and foreign businesses close their doors, and people wonder whether their savings are about to be wiped out once again, as they were during the economic collapse and …

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Discussion On Zimbabwe’s Economy With Ashok Chakravarti, Sifelani Jabangwe And Godfrey Kanyenze

Last week, Sapes Trust held a discussion on Zimbabwe’s economy with Economist Ashok Chakravarti (representing the Finance Minister and himself), CZI President Sifelani Jabangwe and Economist Godfrey Kanyenze of LEDRIZ

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Let the bond float, govt told

GOVERNMENT should not peg the exchange rate of the bond note, allowing it to float freely within the multi-currency system as a first step towards the introduction of a proper local currency, says local economist Ashok Chakravarti.

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‘Looters’ pushed into defence corner

Government consultant and economist Ashok Chakravarti said it was important to remember that a lot of these foreign investors had significant investments in the country.

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‘Govt has no business in production’

Economist, Ashok Chakravarti says the present administration should privatise parastatals, as the government has no business in production, which is the realm of the private sector.

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