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Blog Entries by Nake M. Kamrany from 11/2012

The Dilemma of Fiscal Cliff -- The Solution Is to Scrap It

| Posted 11.13.2012 | Politics
Read More: Government Spending, U.S. Economy, Financial Crisis, Politics, Economic Policy, Fiscal Cliff, Great Recession, Recession, Politics News

The current economic policy priority should be to reduce the rate of unemployment down to 4 percent and subsequently seeking policies to reduce deficit and debt after the economy is robust.

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How to Avoid a Depression: First Reduce Unemployment

| Posted 11.21.2012 | Business
Read More: Government Spending, Deficit, Unemployment, Unemployment Rate, US Politics, US Policy, Employment, Fiscal Cliff, Fiscal Cliff Unemployment, Business News

Despite the administration and the Congress's good intentions, economic theory predicts that reducing government expenditures and increasing taxes, especially during these recessionary times, will significantly shock aggregate demand and push up unemployment.

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Botswana: An African Model for Progress and Prosperity

| Posted 11.28.2012 | World
Read More: Botswana Economy, African Progress, Botswana, Global Economy, Diamond Industry, Sub-Saharan Africa, Southern Africa, Developing World, African Development, Botswana Diamonds, Botswana HIV/AIDS, Botswana Growth, Africa, World News

Botswana is undoubtedly in an opportune position to become a global economic center as De Beers Diamond Trading Company headquarters relocates from London to Gaborone in late 2013.

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