Economics

Under the Shadow of the Great Recession – Room For Discussion

More on a decade following the most devastating financial crisis since the Great Depression. The effects of a crisis are experienced today. Its outbreak occurred on September 15, 2008, when the investment bank Lehman Brothers filed for bankruptcy. As of that moment, the United States collapsed and then the rest of the developed economies followed.
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The “Boda Bodas” of Kenya

With the easing of trade restrictions, the motorcycling market in Kenya has been booming since the past decade. It was in 2007 when the Kenyan government first decided to waive its import taxes on the commodity and since then, there has been an unprecedented growth in Kenya’s motorcycling economy with a 79.2 percent increase in
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Sick countries and the IMF Rescues: The right prescriptions?

In 2018, Argentina received a loan package of $57.1bn, the biggest in the history of the International Monetary Fund (IMF.) It was aimed to recover the peso and from a state of recession. Also, Ecuador obtained a $10.2 billion finance deal intended to stabilize the economy and help to pay its debts. However, in recent months the
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