The Political Economy Ledger
Where finance, power, and development intersect
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After so many Arrests, Intimidation, Torture, the worst economy…..and still no elections results, Thabo Mbeki says,"There is no crisis in Zimbabwe"
As a Malawian I am hurt by sweeping statements such as the declaration by Thabo Mbeki that there is “No crisis in Zimbabwe.” It hurts because the economic turmoil in Zimbabwe impacts negatively on Malawi but most importantly, Zimbabweans are like a family member. Our Malawian brothers and sisters settled in Zimbabwe for economic reasons…
As a Malawian I am hurt by sweeping statements such as the declaration by Thabo Mbeki that there is “No crisis in Zimbabwe.” It hurts because the economic turmoil in Zimbabwe impacts negatively on Malawi but most importantly, Zimbabweans are like a family member. Our Malawian brothers and sisters settled in Zimbabwe for economic reasons…
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After so many Arrests, Intimidation, Torture, the worst economy…..and still no elections results, Thabo Mbeki says,"There is no crisis in Zimbabwe"
As a Malawian I am hurt by sweeping statements such as the declaration by Thabo Mbeki that there is “No crisis in Zimbabwe.” It hurts because the economic turmoil in Zimbabwe impacts negatively on Malawi but most importantly, Zimbabweans are like a family member. Our Malawian brothers and sisters settled in Zimbabwe for economic reasons…
As a Malawian I am hurt by sweeping statements such as the declaration by Thabo Mbeki that there is “No crisis in Zimbabwe.” It hurts because the economic turmoil in Zimbabwe impacts negatively on Malawi but most importantly, Zimbabweans are like a family member. Our Malawian brothers and sisters settled in Zimbabwe for economic reasons…
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The FieldYork Education Scandal-Justice delivered or denied?
I commend the Judge and the councel for the prosecution in a case involving the former Education minister of Education Sam Mpasu. The judge for a well reasoned judgement and the prosecution councel for presenting a plausible and persuassive case leading to the conviction last week of the said person. However, I have problems with…
I commend the Judge and the councel for the prosecution in a case involving the former Education minister of Education Sam Mpasu. The judge for a well reasoned judgement and the prosecution councel for presenting a plausible and persuassive case leading to the conviction last week of the said person. However, I have problems with…
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Northern Rock Bank and Directors Remuneration
Some things dont just make sense. Northern Rock, a Nationalised financial institution in the United Kingdom has just confirmed that it paid its former Chief Executive Adam Applegarth who resigned amidst claims of taking high risk ventures, a sum of nearly £800,000 as golden handshake, £360,000 as pension top-up and he continues to enjoy cut-price…
Some things dont just make sense. Northern Rock, a Nationalised financial institution in the United Kingdom has just confirmed that it paid its former Chief Executive Adam Applegarth who resigned amidst claims of taking high risk ventures, a sum of nearly £800,000 as golden handshake, £360,000 as pension top-up and he continues to enjoy cut-price…
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The University Quota system
I have read sentimental comments on both nyasanet and malawitalk in relation to the announcement that the University of Malawi will invoke the quota system of selecting freshmen to University. The selection criteria was abandoned some few years back for it was perceived to be discriminatory. There is a court determination to this effect (the…
I have read sentimental comments on both nyasanet and malawitalk in relation to the announcement that the University of Malawi will invoke the quota system of selecting freshmen to University. The selection criteria was abandoned some few years back for it was perceived to be discriminatory. There is a court determination to this effect (the…
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Four Types of Government Operatives: Bullies, Muggers, Sneak Thieves, and Con Men
December 20, 2007Robert Higgs Somehow it seemed as though the farm had grown richer without making the animals themselves any richer—except, of course, for the pigs and the dogs.—George Orwell, Animal Farm The beginning of political wisdom is the realization that despite everything you’ve always been taught, the government is not really on your side;…
December 20, 2007Robert Higgs Somehow it seemed as though the farm had grown richer without making the animals themselves any richer—except, of course, for the pigs and the dogs.—George Orwell, Animal Farm The beginning of political wisdom is the realization that despite everything you’ve always been taught, the government is not really on your side;…
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4 Steps just above a Quarter of a century-Gone too young!!
On 27th October,2007A dark cloud descended upon usVillie, you breathed your lastIn the caring hands of MUM, you sleptNever to wake up again. A tower of security was taken from usYou were in the Army 5 years and 5 daysHow Ironic?You left your colleagues and family just 2 monthsafter your 29th BirthdayOn a satarday afternoon…
On 27th October,2007A dark cloud descended upon usVillie, you breathed your lastIn the caring hands of MUM, you sleptNever to wake up again. A tower of security was taken from usYou were in the Army 5 years and 5 daysHow Ironic?You left your colleagues and family just 2 monthsafter your 29th BirthdayOn a satarday afternoon…
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Figures Don’t Lie, But Liars Figure-Arguments for a Principles based approach in Accounting
It’s a debate that’s of more than academic interest. Despite what the term suggests, U.S. Generally Accepted Accounting Principles(GAAP) are really not about principle, nor about doing what is right. So says U.S. Treasury Secretary Henry Paulson, who in a back-to-basics speech at Georgetown University said U.S. accountants should return to putting the emphasis on…
It’s a debate that’s of more than academic interest. Despite what the term suggests, U.S. Generally Accepted Accounting Principles(GAAP) are really not about principle, nor about doing what is right. So says U.S. Treasury Secretary Henry Paulson, who in a back-to-basics speech at Georgetown University said U.S. accountants should return to putting the emphasis on…
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Figures Don’t Lie, But Liars Figure-Arguments for a Principles based approach in Accounting
It’s a debate that’s of more than academic interest. Despite what the term suggests, U.S. Generally Accepted Accounting Principles(GAAP) are really not about principle, nor about doing what is right. So says U.S. Treasury Secretary Henry Paulson, who in a back-to-basics speech at Georgetown University said U.S. accountants should return to putting the emphasis on…
It’s a debate that’s of more than academic interest. Despite what the term suggests, U.S. Generally Accepted Accounting Principles(GAAP) are really not about principle, nor about doing what is right. So says U.S. Treasury Secretary Henry Paulson, who in a back-to-basics speech at Georgetown University said U.S. accountants should return to putting the emphasis on…
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Figures Don’t Lie, But Liars Figure-Arguments for a Principles based approach in Accounting
It’s a debate that’s of more than academic interest. Despite what the term suggests, U.S. Generally Accepted Accounting Principles(GAAP) are really not about principle, nor about doing what is right. So says U.S. Treasury Secretary Henry Paulson, who in a back-to-basics speech at Georgetown University said U.S. accountants should return to putting the emphasis on…
It’s a debate that’s of more than academic interest. Despite what the term suggests, U.S. Generally Accepted Accounting Principles(GAAP) are really not about principle, nor about doing what is right. So says U.S. Treasury Secretary Henry Paulson, who in a back-to-basics speech at Georgetown University said U.S. accountants should return to putting the emphasis on…
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