The financial crisis reveals a need for a public credit rating agency that is not in the pay of issuers, according to M. Ahmed Diomande, James Heintz, and Robert Pollin.

The people of South Africa, and the African National Congress-led government, have made extraordinary social and economic advances since ending apartheid and beginning the transition to democracy in 1994. But the country still faces severe problems of mass unemployment, underemployment and...

The Kenyan economy has experienced improved economic growth in recent years, and the government has maintained a commitment to generating 500,000 new jobs per year. But the country still faces severe problems of poverty-level employment - people working full-time yet living with their families...

This paper reviews the history of the noncontributory social pension in South Africa, as well as recent work on the distributional and poverty-alleviating effects of this program. The pension has a strong gender dimension, reaching three times as many women as men, and has an unambiguous impact...

<title>Abstract</title> We report the results from a series of trust games designed to distinguish racial discrimination from racial nepotism, played with a sample of high school students in Cape Town, South Africa. In contrast to the original work in this regard by Fershtman <italic>et al</italic>. (2005), we find...