Megan Cullen-Meyer

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Africa's economic growth failing to stimulate development and jobs

Economic growth in Africa is expected to accelerate to 4.7% this year and 5% in 2015, but the advance is failing to translate into job creation and the broad-based development needed to reduce high poverty and rising inequality rates in many countries, the UN has said.<p>Although its world economic …

Trickle-down economics is the greatest broken promise of our lifetime

The richest 85 people in the world have as much wealth as the poorest 3.5 billion – or half the world's entire population – put together. This is the stark headline of a report from Oxfam ahead of the World Economic Forum at Davos. Is there a reason why the world's powerful, gathering at the …

No. 12 in the Index of Economic Freedom

We rank behind Estonia, but if we had a true accounting, we’d be even lower on the list.<p>Down, down, down she goes. For the first time in the 20-year …

IMF: world economic recovery picking up pace but still weak and uneven

The global economic recovery will pick up pace this year but remains "weak and uneven", the International Monetary Fund's top economist has said.<p>Olivier Blanchard said the "largely anticipated" recovery in global growth would see it pick up to 3.7% in 2014 from 3% last year but there was still much …

George Soros funds 'solidarity centres' to help Greeks hit by economic crisis

George Soros has extended his financial support for Greece by establishing the first in a series of "solidarity centres" for those worst-hit by the country's economic crisis.<p>The opening of the centre in the northern city of Thessaloniki comes as ever more Greeks are forced to turn to charities for …