Africa is in competition for international capital and resources and is currently ranked in the same category as Latin America and Eastern Europe in terms of attractiveness for investors. There has been a fundamental shift in the global economy over the past few years, with emerging markets not...

Africa is a large and diverse continent and mergers and acquisitions are prompted by many different factors, and executed in many different ways. The nature of the merger or acquisition largely depends on the socioeconomic factors of the country concerned and are directly related to the level of...

More than a decade after the launch of the reform process, it seems that significant attention is still not paid to the fiscal reforms at state level. Despite several years of fiscal consolidation effort, large and persistent fiscal deficits remain. India’s overall government spending,...

More and more states are now turning to fiscal reforms as the only way out of the financial crisis they are facing. Uttar Pradesh is not far behind. Uttar Pradesh, the most populous state of India, with 16% of India’s population offers the country the largest market. Uttar Pradesh is passing...