Structural change is a necessary part of economic growth and development. It is the change in the relative importance of the three main sectors of any economy (agriculture, industry and services). As countries grow, they move from having larger shares of resources in the agriculture sector towards the industrial and then the service sector. In … Continue reading Structural Change in Africa
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How economic recessions can affect the mental health of a population
There is an unfortunate commonality in society today and it is that issues relating to mental health of individuals are usually put in the background where overall health is concerned. This is usually because mental health disorders are difficult to detect, diagnose and report. A combination of biological, psychological and environmental factors have been shown … Continue reading How economic recessions can affect the mental health of a population
On Nigeria’s Debt Financing Strategy for Economic Development in 2016
In the bid for economic growth and development, the present Nigerian government has turned to external debt to finance capital projects that they anticipate will trigger economic growth in all sect… Source: On Nigeria's Debt Financing Strategy for Economic Development in 2016
Hello world!
My name is Olamide and I am passionate about Economics and the ability of the study to generate real change in the world on micro and macro levels. This blog is not to teach economics but to discuss different aspects of the socio-political and economic changes that keep occurring in the world we live in … Continue reading Hello world!