Economic integration

Definition of economic integration

What is economic integration? Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. Economic integration aims to reduce costs for both consumers and producers and to increase trade between the countries covered by the agreement. Economic integration is sometimes […]

Economic integration

NDS1 positions Zimbabwe for regional economic integration gains

The Chronicle Prosper Ndlovu, business writerThe National Development Strategy (NDS1), the country’s new five-year development roadmap, will play a key role in positioning Zimbabwe for increased gains within the framework of regional economic integration, said the Minister of Finance and Government. Economic Development, Professor Mthuli Ncube. This comes as the government is seriously focusing its […]

Economic system

Why a pro-nature economic system would benefit us all

Transformational change is needed in the systems that underpin our economies so that they benefit nature. In September 2020, NABU (BirdLife in Germany) and Boston Consulting Group released The Biodiversity Imperative for Business – Preserving the Foundations of our Wellbeing report, which highlights that biodiversity provides over US $ 170 trillion in additional annual benefits. […]

Economic justice

Four ways Biden and Democrats can spur real economic justice

Rampant economic inequality in the United States demands structural solutions centered on racial justice. Income inequality and unequal access to jobs, health care, and benefits disproportionately harm Blacks, Indigenous people and people of color. Racial wage inequality already costs the US economy about $ 2.3 trillion a year. President Biden has said his administration will […]