Inflation is a global problem. At the end of August, it was 8.3% in the US and 9.1% in the Euro area. It is 20.3% in Nigeria, 25% in Malawi, and over 30% in Ethiopia and Ghana. The impact on Africa is devastating. The International Energy Agency estimates that by the end of the year 30 million more Africans will be unable to afford fuel for cooking.
AuthorDanny Bradlow
Danny Bradlow is SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria. His areas of expertise are the law and policy aspects of global economic governance, international development law, international economic and financial law.