Riskwatchdog recently attended a Bloomberg Africa focus day where several speakers discussed the potential offered by the African consumer in a challenge to the often-held view that the continent is a pure resource play. My colleagues in the Africa team at BMI are equally excited by the prospects for private consumption growth over the coming… [Read more]
Happy Labor Day! Well, it may be a happy Labor Day for US residents who are employed in well-remunerated, full-time, enjoyable jobs. Just as I thought – I don’t see many hands going up. And judging from the non-farm payrolls data released last Friday, much of the workforce has little to be cheerful about. In… [Read more]
Most governments around the world seek to maximise economic growth so that their countries can achieve a higher level of development and their citizens can become wealthier. At the same time, they must be mindful that growth does not bring with it inflation. However there is a major exception to these axioms: Japan. While Japan… [Read more]