Archive for May 2011
The Economic Decline of Zimbabwe: Neither Growth Nor Equity (Studies on the African Economies)

When Zimbabwe achieved political independence, its new majority government sought economic growth and the redistribution of resources, neither of which were achieved. The seeds of economic decline were sown soon after independence in high government spending that stifled private investment, and inhibited employment creation. The burden of adjustment was borne by the rural poor. Zimbabwe’s experience provides valuable lessons for countries struggling with the trade-offs between growth-orientated and redistributive policies.
The Economic Decline of Zimbabwe: Neither Growth Nor Equity (Studies on the African Economies)
Absa, Afrox, Gold Fields, Investec: South African Equity Market Preview
The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.
Published May 18, 2011.
Read more: Bloomberg
Another View – Pay Equity for African American Women
The White House recently released a report on the “state of women” in the US – and in terms of pay equity, women are still behind. For every dollar a man makes, a woman makes just $.75. So where do African American women fall on the equity pay scale?