I have an interest in economics. Not because I am reading for a final exam but because I have a keen interest on the current Global financial crisis.
From Fridays article- The Global Crisis, which comes in parts written by Professor Manasseh Nshuti, I failed to understand most of what he was trying to economically say.
For one I am more interested in knowing the details of how it is affecting or could affect Rwanda’s economy despite the rhetoric that our economy is well proofed from the crisis.
Professor Manasseh, instead of talking about Europe and the developed world economies, and how the ‘Washington Consensus’ was coined by John Williamson 20 years ago and how it put forward 10 reforms including; fiscal discipline, reordering public expenditure priorities, tax reforms, a competitive exchange rate, liberalisation of interest rates, trade liberalisation, Privatisation, deregulation, and property rights.
I don’t care about this, I am interested in Rwanda’s economy only.