Scherzando Karasu Freelance Writer

“ Mauritius’s future innovation depends on the answer to the ultimate question: Do we have a high-quality human capital and productivity?” - Seeram Ramakrishna, Professor and Director of Center for Nanobres and Nanotechnology.  In its 44 years as an independent nation, Mauritius has striven to build a credible, globally connected middle-income economy on an ostensibly unpromising craggy, poorly endowed, geographically remote if eye-wateringly beautiful island. When reflecting on the more attractive aspects of their national character, Mauritians like to use words such as, “resourceful” and “resilient” and the country has indeed displayed an ability to reinvent its self. Yet the traffic-clogged streets and harbour of their capital city of Port Louis, whilst an outward sign of an economy that has continued to expand and modernize, signal not only dynamism but some underlying infrastructural problems that need to be addressed. Mauritius faces more uphill battles with ins...

Global-Britain explores how UK exporters might trade with Turkey post-Brexit. https://www.global-britain.com/trade-with-turkey/ On a recent trip to Britain, Nihat Zeybekci, Turkey’s minister of the economy was asked what he thought of the UK turning its back on the EU. ‘I don’t see it that way,’ Mr Zeybekci replied. ‘I think you would rather say the EU didn’t retain the UK as a member. From the EU point of view it is a loss, but are we concerned? No, on the contrary, we see it as an opportunity.’ Some might agree that the minister’s words showed an advanced ability to look on the bright side. Turkish officials, however, have already begun work on a ‘new generation’ free-trade agreement with those looking to trade with Turkey in the UK to conclude with Britain’s departure from the EU. Boris Johnson, Secretary of State for The Foreign & Commonwealth Office and Prime Minister Theresa May have both visited Turkey to discuss how to tra...

su https://www.global-britain.com/doing-business-turkey/ The international business community is facing a new Turkey: new in the sense that the nation has been undergoing a profound structural change over the past three decades. The results of which have been both significant and promising. Turkey now boasts the 17th largest economy in the world and is currently the sixth largest economy in Europe, so doing business in Turkey is more accessible than ever. Turkey is one of the largest free market economies in the world and is assimilated into the European market by way of the customs union. It is described by economists as a ‘Newly Industrialized Country’ along with the likes of China and South Africa. Transcontinental Turkey serves as an ideal investment destination between Asia, the UK and the Euro Zone. Turkey’s recent growth performance makes it one of  the  growth engines of the emerging multipolar global system. The country capitalises on...

“ After climbing a great hill, one only finds that there are many more hills to climb .” -  Nelson Mandela The immediate market reaction to South Africa appointing its fourth finance minister in only two years - announced at midnight on Thursday the 30 th  of March 2017 - came as no surprise: the Rand plummeted, bonds and stocks sold off, the cost of insuring government debt against default rose, the country’s credit rating was junked and the ruling African National Congress (ANC) party erupted in revolt. South Africa’s bonds now run the risk of being delisted from the main international indices , while the country remains beset by crushing levels of unemployment and growth rate has fallen well behind the rest of sub-Saharan Africa.  According to The International Monetary Fund’s latest annual report, the South African economy will grow a meagre 0.1% in 2017, with a gain of only about 1% from the following year and with per capita income in 2017 set to fall ...