Practical Economics to Build a Flourishing World

International Perspectives
Andrew Interviewed About Inclusive Globalization: PwC Report Released at Davos

Andrew Interviewed About Inclusive Globalization: PwC Report Released at Davos

Andrew was interviewed recently by Business Zone, in Nigeria, about PwC’s Report on issues we face globally, including climate change and distributive inequality. The interview is available at Business Zone. “This issue with… global inequality: I think people are starting to recognize they have to deal with it… The other big  issue globally… is climate change, which...
TVC News Nigeria: Andrew Interviewed About Inflation in  Nigeria

TVC News Nigeria: Andrew Interviewed About Inflation in Nigeria

Andrew was interviewed on TVC News Nigeria on January 18, 2017. He shared his views about the inflation rate in Nigeria. “All players in the economics system are re-balancing; they want to use more local content and less foreign content, but they still need some foreign content, and as the exchange rate deteriorates, that’s what’s driving...
CNBC Africa: Andrew Discusses IMF's Global Growth Outlook for 2017/2018

CNBC Africa: Andrew Discusses IMF’s Global Growth Outlook for 2017/2018

In light of the IMF’s report on the Global Growth outlook for 2017 and into 2018, Andrew was interviewed on CNBC Africa, January 17, 2017. “The projection from the IMF is still terrible. The population is still growing here at 2.7%; the working-age population is growing at 3%. The IMF is coming out and telling...
Linked In Blog: The Impact of Corruption in Nigeria

Linked In Blog: The Impact of Corruption in Nigeria

In my last Linked In post on the challenges for the Nigerian economy in 2017, many of the comments pointed to the high levels of corruption that were blocking socio-economic progress. So, I thought it would be useful to highlight again PwC Nigeria’s recent paper on the Impact of Corruption on the Nigerian Economy. And...
Linked In Blog: Nigerian economy in 2017: Will It Bounce Back?

Linked In Blog: Nigerian economy in 2017: Will It Bounce Back?

According to Moody’s, Nigeria’s economy is set to grow at 2.5% in 2017. Some are calling this an improvement1)Here is Punch’s take, for example: http://punchng.com/topmost-global-rating-body-nigerias-economy-will-improve-2017/. And after a year in which the economy actually contracted, this can feel like progress. But it is simply not good enough. To begin with, Nigeria’s population is growing at 2.8% per...
Sweden's 6-Hour Work Day

Sweden’s 6-Hour Work Day

Men lose their high aspirations as they lose their intellectual tastes, because they have not time or opportunity for indulging them… – John Stuart Mill Sweden envy. People trying to run other countries must feel like a younger sibling constantly being asked why can’t they be like the older one, who is richer, better looking,...
The End of the Economic Model

The End of the Economic Model

“If something cannot go on forever, it will stop” – Herbert Stein’s Law The 2nd half of 2015 is proving to be remarkably challenging for the global economy.  Nevinomics has been struck by how many countries are finding out that the economic model that has sustained them for decades is running out of steam. But...
Build Some Bloody Houses in Britain

Build Some Bloody Houses in Britain

The cause of homelessness is lack of housing.  – Jonathan Kozol I usually don’t use profane language in Nevinomics. I am Canadian, after all, and uphold our wonderful tradition of politeness globally. Sometimes this makes it difficult to get noticed in the cacophony that is Nigeria, but there you go. The British, however, are really...
Booming Surplus is a Sign of Economic Weakness

Booming Surplus is a Sign of Economic Weakness

The Eurozone economy is running an enormous current surplus (current account) of almost Euro 250 billion in 2014. As The Globe and Mail (Canada’s leading national newspaper) rightly points out,1)While the original article is available to subscribers only, this link to breakingnews.com from November 19, 2014 provides a brief abstract of the conclusions of the...
Poland's Education System and Metacognition

Poland’s Education System and Metacognition

If you think education is expensive, try ignorance. Derek Bok There is nothing more important to the long-term success of a society than the quality of its education. No matter how many natural resources or other endowments a nation has, they cannot compensate for a lack of effective human resources. I am confronted with this...
Cashless Society in Sweden

Cashless Society in Sweden

Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants; electric light the most efficient policeman. Justice Louis D. Brandeis Nevinomics is in favour of a cashless society. Not only does this reduce transaction costs hugely – moving cash around is very expensive –...