Why aren’t we paying the whistleblowers?

The very opportunely article by Gretchen Morgenson in The New York Times, sets rightfully the terms for the debate outlining just how much bringing fraud to light hold many perils including retribution and job loss for many whistleblowers On Sep. 1st the FT reported that: “A whistleblower rewarded for exposing accounting violations has taken the … More Why aren’t we paying the whistleblowers?

The myth of GDP (1)

>>Haga click aquí para la versión en Castellano GDP QUESTIONED How to go beyond the gross domestic product? Pursuing an actual modern reflection of wealth means finding tools to move away from an excessively quantitative, restrictive and accounting outlook to assess the collective performance. Changing indicators of wealth while we amend our way of production … More The myth of GDP (1)

Measuring different dimensions of food security

Food security in terms of the prevalence of undernourishment indicator is a measure of dietary energy deprivation. As a standalone indicator, the prevalence of undernourishment indicator is not able to capture the complexity and multidimensionality of food security, as defined by the 2009 Declaration of the World Summit on Food Security: “Food security exists when … More Measuring different dimensions of food security

Negative externalities and taxes: a contribution to the debate on “junk food”

First published Aug 16, 2009. Updated June 13, 2013 >> Haga clic aquí para la versión en castellano Alcohol and cigarette products are usually subject to high taxes. This occurs because the economic theory acknowledges that the price of these products does not reflect the true social cost of consumption. Thus, a Pigovian tax [1] … More Negative externalities and taxes: a contribution to the debate on “junk food”

Spanish fear

Developments in Portugal and Spain, like those in Greece, are part of a much wider crisis of the European economy. The crisis in Europe spirals downwards. Political uncertainty over Greece now marches in lockstep with creeping financial failure in Spain. Credit rating agency Moody’s last May downgraded 16 Spanish banks in the belief that they … More Spanish fear

The Need for Radical Change

THE FUTURE OF MONEY (4/4) Proposed solutions to the financial crisis tend to involve more regulation and the break up or separation of banking activities, but these merely scratch the surface. The financial sector is not only too big; it embodies massive contradictions. In particular, the social role of finance makes it impossible for monetary … More The Need for Radical Change

Finance Is Not Private

THE FUTURE OF MONEY (1/4) The global economic crisis in progress has naked the contradictions of privatised finance. If taxpayers have to bolster the system when it fails, why should they not also have control over the supply and allocation of money in the first place? At the height of the financial crisis, the total … More Finance Is Not Private

Do Reforms Inhibit or Support African Development?

THE AFRICAN GOVERNANCE CRISIS (4/4) After the analysis of decades  of public sector reform in Africa with special focus on Ghana, one can draw the conclusion that the  external support during the 1980ies has been  vital,  but  to  some  degree  harmful  due  to  a  “faulty  diagnosis  and  prognosis” (1). The African public sector during that … More Do Reforms Inhibit or Support African Development?

Rehabilitating the African Civil Service

THE AFRICAN GOVERNANCE CRISIS (3/4) The customary  problems  of  public  sector  ineffectiveness  due  to  erroneous  reform movements – leading to a reduction instead of a reinforcement of the system – and the ongoing  danger  of  corrupt  public  officials,  give  reason  to  speculate  about  more successful policies for the reinvention of the African public administration. In … More Rehabilitating the African Civil Service