Though agriculture is important to Nigerian economic activity and rice is a major food staple in Nigerian households, the domestic supply does not meet demand. The Value Chain Development Program public-private partnership is designed to improve the livelihoods of economically disadvantaged farmers.
Though French President Emmanuel Macron entered office with huge popularity, his attempts at long-term economic growth through labor reform were met with plummeting approval ratings and even yellow-vest protests. What will the country do to balance social protections vs. taxes?
Resources are limited, and business and government compete for them … or so goes conventional wisdom and widespread economic theory. Does it hold up in the real world? Professor Dan Murphy’s research, presented at the IMF’s annual research conference, investigates government spending and its effect on the private sector.
Darden Professor Dan Murphy believes that, in a recession, pro-savings policies should in fact be turned upside down — just for a time — to account for the macroeconomic situation.