Multiple crises mean future instability in Madagascar

Significance Rajoelina faces a wide array of challenges as he looks towards the final two years of his current presidential term. These include severe tensions within his inner circle, a substantial economic crisis, problems linked to his management of the COVID-19 pandemic, and a major humanitarian crisis. Impacts Increasing domestic and international pressure will lead to an opening of borders, possibly by October. The planned vaccine campaign will not prevent a new wave of COVID-19 infections. Economic recovery will be slow.

Significance The bombing is the latest setback for the government. Recent military gains against Boko Haram and increasing oil production in the Niger Delta have failed to offset the distinct governance problems facing Abuja. Amid a deepening economic crisis, President Muhammadu Buhari is facing challenges within the ruling alliance and emergent political threats nationwide. Impacts Presidential succession manoeuvring could undermine unity, leading to ruling party infighting and a possible contested nomination process. Key members of Buhari’s inner circle will come under pressure to resign as new scandals emerge. Populist alternatives to the president will surface, as citizens grow frustrated with economic stagnation and high prices.


Significance In addition to states’ pre-occupation with COVID-19 and the global economic crisis, the delay in holding the conference and limited pledges reflect international frustration at the refusal of Yemen’s warring parties to seek a negotiated solution to the war, and by a lack of transparency in the handling of aid resources. Impacts The death toll from COVID-19 is likely to be alarmingly high, although unverifiable. Reduced food and cash distribution may lead to famine in some areas. Desperation may encourage younger men to join jihadist movements. Fragmentation will worsen social, and possibly military, tensions within the country.


Significance Islamic State group (ISG) claimed responsibility for the blast, which killed 44 people, making it the largest terrorist attack in Lebanon since 1990 and the first of its kind since June 2014. Many Lebanese now fear a new wave of bomb attacks by jihadists in response to Hezbollah's intervention in Syria. Impacts ISG offensive will stoke Shia-Sunni tensions, and discrimination towards Syrian and Palestinian refugee communities. An intensified anti-jihadist crackdown risks aggravating Lebanon's Sunni community and undermining trust in the security forces. Hezbollah will target more of its Syria operations in coming weeks against ISG in order to avenge the bombings. Further bombings will dampen Lebanon's prospects for economic recovery.


Significance Biya's rare public address follows a recent boycott called for by separatist groups in the predominantly anglophone Northwest and Southwest regions following the sentencing of separatist leader Julius Sisiku Ayuk Tabe and nine others to life in prison. Yaounde is under growing international pressure to engage separatist groups meaningfully amid a worsening humanitarian crisis. Impacts Biya's intervention could complicate the progress of recent Swiss-led mediation efforts, which have received US and EU support. Separatist groups will likely increasingly focus the bulk of their international lobbying efforts on the US government. A harsh sentence for detained opposition leader Maurice Kamto risks violent protests, a crackdown and ensuing international condemnation.


Significance Spain’s increasingly protectionist regulatory environment, and proposed tax and labour reforms, threaten to discourage investment. The foreign-owned automotive sector, which accounts for roughly 10% of GDP, is a source of particular concern. Impacts The ability to continue attracting FDI will be crucial for Spain’s economic recovery. The magnitude of the economic crisis may force the left-wing coalition to water down its changes to the 2012 labour reforms. Tourism and property will be among those sectors disproportionately affected by the ongoing uncertainty.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Santanu Sarkar ◽  
Ranabir Chakraborty

PurposeWe were intrigued by the question of whether the convergence of businesses across nations in search of flexibility to survive economic crisis led to a convergence of the annual rate of change of union membership. The question emerged because the convergence theory was controverted, especially when the neo-capitalist idea failed to withstand the test of time during the economic crisis.Design/methodology/approachBy adopting the model from Bain and Elsheik (1976) and using time-series data from 1990 to 2014 for Finland and India that survived economic crisis during this period, whereby union membership remained steady in Finland but declined in India, we assessed the empirical distinction between the changes in union membership.FindingsWe argued that when hit by an economic crisis, different nations had divergent responses and chose different means of economic recovery because of which the countries have not withstood the crisis in one specific way/direction that at all times, marginalises unions. Our main finding is that in both the countries, the annual rate of change of union membership during the years of economic recovery was determined by the policy response. And, policy responses were determined not only by the causes of economic crisis but also by the strength of unique national institutional configurations and history of the country.Originality/valueThe annual rate of change of union membership during the years of economic recovery was determined by the policy response. And, policy responses were determined not only by the causes of economic crisis but also by the strength of unique national institutional configurations and history of the country.


Significance The agreement settles the Macedonian ‘name dispute' that has bedevilled bilateral relations since the mid-1990s. Foreign, not social, issues have taken centre stage in politics. Yet the economic crisis is not over for many socio-economic groups: the economic recovery is fragile and social assistance still haphazard. Impacts Enduring economic inequalities will disincentivise the highly skilled young who will prefer opportunities abroad to low-paid jobs in Greece. Syriza’s reversal of modernising education reforms will deepen inequalities with many failing to gain the skills needed in the 21st century. Inequalities may further radicalise frustrated youth, feeding into far-right anti-parliamentarism or left-wing urban terrorism.


Significance Meanwhile, the government is under pressure to raise expenditure to help ease the pandemic-related economic crisis. Delhi is reluctant to borrow more, as an increase in public debt could hurt its sovereign rating. Impacts India will struggle to avoid a heavy GDP contraction this fiscal year. In the medium term, some states may try to reclaim the powers of taxation they surrendered through the Goods and Services Tax. The government will count on market liberalisation to spur post-pandemic economic recovery.


2019 ◽  
Vol 25 (1) ◽  
pp. 14-18
Author(s):  
Christina Bache

Purpose The following question drove this research: Would the pursuit of a rights-based approach, one that considers local dynamics and political sensitivities result in greater economic integration and social inclusion of Syrian refugees in Turkey? The paper aims to discuss this issue. Design/methodology/approach This piece draws on independent research the author conducted in Turkey and other frontline states to the war in Syria from 2016 to 2018. Findings Despite a shift in government policy toward Syrian refugees, without an overarching rights-based approach that includes the participation of all stakeholders and considers local dynamics and political sensitivities, enhancing the livelihood security of Syrian refugees and vulnerable members of host communities remains bleak in Turkey. Originality/value This original paper closely examines the Government of Turkey’s response to the humanitarian crisis that was precipitated by the armed conflict in Syria. The paper also examines the socioeconomic dynamics and increased tensions between the Syrian refugee and host communities.


2017 ◽  
Vol 8 (4) ◽  
pp. 474-483 ◽  
Author(s):  
Innocent Otache

Purpose The purpose of this paper is to explore agripreneurship development as a strategy for economic growth and development. Design/methodology/approach Though a few related literature were reviewed, this paper relies heavily on the author’s viewpoint regarding how Nigeria can grow and develop its economy through agripreneurship development. Findings The present economic challenges that Nigeria is facing are blamed on overdependence on the oil sector, bad governance, corruption, leadership failure, policy inconsistency, overdependence on imported goods and ostensible neglect of the agricultural sector. Also, policymakers, economic analysts and the government have advocated strongly for diversification of the economy. Besides, there is a consensus among scholars, economic analysts and policymakers that “agriculture is the answer.” Research limitations/implications This paper addresses specifically one sector of the economy – the agricultural sector. On the other hand, economic crisis needs to be addressed holistically by resolving specific issues that confront different sectors of the economy. Practical implications This paper has some insightful policy and practical implications for the Nigerian Government and Nigerians. The government and Nigerians need to take practical steps to grow and develop the economy. On the part of the government, apart from the need to transform the agricultural sector by allocating enough funds to it, the government should establish well-equipped agripreneurship development centers and organize periodically agripreneurship development programmes for the main purpose of training and developing both current and potential agripreneurs who will be able to apply today’s agricultural techniques and practices which involve a great deal of creativity and innovation for a successful agribusiness. The federal government should integrate agripreneurship education into Nigeria’s education system. Similarly, the Nigerian people, particularly the youths or graduates should be encouraged to choose agribusiness as a career. Originality/value While previous papers have offered different solutions to the current economic crisis that Nigeria is experiencing, ranging from economic to structural reforms, this paper differs significantly from others by recommending specifically agripreneurship development as a strategy for revamping Nigeria’s economy from its current recession. Moreover, there is a dearth of literature on agripreneurship and agripreneurship development. This paper therefore fills the literature gap.


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