Saturday, December 20, 2008

Links of Interest (12/19/2008)

The impact of global financial crisis on Sub-Saharan Africa

The rebirth of industrial policy

Keynesianism and Employment-linked tax incentives

Three decades of growth and economic perils on China’s path

VAT and enforcement with an informal sector

Greenspan thinks banks need more capital

Nepal’s finance minister warns to nationalize property if income tax is not paid by mid-Feb

Effect of energy crisis in Nepal (already affecting mobile operation and the embattled garment industry) More here, here, and here

UNWELCOME REPOSE: Workers at Heritage Fashion garment factory in Balkumari halt work after load-shedding, Thursday. Nepal Electricity Authority has increased power cut from forty-five hours to sixty-three hours a week. Power outage has hit industries and business installations severely, leading some to abrupt closure. (Source: The Kathmandu Post, 12/19/2008)