Tag: economiccrisis
Xenophobia, migration and money – is economic pain the real driver?
South Africa’s migration anger may be less about borders than personal debt, rising costs and a shared household finance crisis. Every Africa Month, South Africa marks the African Union’s 63-year-old dream of shared sovereignty, shared prosperity and a borderless continent built together. Africa Day fell on 25 May. The flags went up. The speeches were made.
The political economy of oil in Venezuela – power, policy and...
Venezuela’s oil industry offers one of the clearest illustrations of how politics can both create and destroy economic prosperity. The country holds the world’s largest proven oil reserves. In theory, this endowment should place Venezuela among the most prosperous energy economies globally. Instead, it has become a case study in political failure.
