World Economy

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Lessons learnt from the EU crisis: looking forward

This article was featured as part of ESSA’s annual Equilibrium publication.

The EU crisis has been painful for EU citizens and policy-makers alike. However, it’s not necessarily all bad news. With a long-term outlook, it is possible that the Eurozone could be stronger for the crisis. More specifically, the crisis has exposed the need for stricter adherence to Eurozone membership requirements and ongoing policy management focused on maintaining economic growth.

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USA: The United States of Africa – could and should it happen?

Two years ago, South Sudan became the newest independent nation in the world. It seceded from Sudan, after years of fiscal neglect and a lack of infrastructural development. Even today as a separate entity, the majority of the population is rural as well as poor and the economy is primarily reliant on agriculture. The South Sudanese government has had to relegate prosperity of their new country to the bottom of the priority list, as it fights a war with nomadic tribesmen in the Upper Nile and clashes with Sudanese troops in South Kordofan.

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Uruguayan parliament lights up the legalisation debate

In this coming Australian federal election it is likely that you may come across the HEMP party, whilst you are fulfilling your civic duty at the ballot box. The Help End Marijuana Prohibition Australia Party, claims that marijuana, or more widely known as ‘pot’, contains superior protein to beef, is healthier than alcohol, and can be used for food, fuel, medicine and of course, recreation.[1]

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