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Zuma´s Regional Drivers of Change May 4, 2009

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by Mathias de Alencastro

South Africa is having one of the hardest socioeconomic crises since the ANC came to power. Although the country is technologically advanced, it hasn’t been capable of sustaining his energetic needs. The Rand, underachiever currency of the year, lost 12% against the dollar in the past months. The growing inflation and the high interest rates slow down the foreign investments. Supposedly the model of Africa’s development, South Africa is recaptured by its own demons. Mbeki’s “Africa’s renaissance” doctrine is not convincing.

Photo by Fábio Zanini

Photo by Fábio Zanini

Jacob Zuma arrival to the head of the ANC and his election as president are taking place through an important transition period in Southern African politics. Presidential elections will be held in Angola and Mugabe’s regime in Zimbabwe is facing its deepest crisis. Apparently, Jacob Zuma found an external solution for the South Africa internal crisis. This approach might shatter the regional relations in Southern Africa

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Economic crisis: Are we in good hands yet? April 1, 2009

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by Diego A. Zamuner

As the whole world is being affected by the consequences of the worst financial crisis since the Great Crash of 1929, with many gloomy scenarios coming from each relevant economic institution in the world every other week, many questions arise. Why can’t economists -and the government they advise- find a solution to this huge mess? g20leaderswashington15nov08Why with many people being aware of the risks taken by financial institutions all over, the system did nothing to change in the first place? With a few hundred years of development of economic thought, so many star economists out there, and quite a few universities claiming to offer the best economic courses in the world, why do world leaders not manage to agree on a solution? (more…)