CLARITY IN A VISION FOR THE FUTURE OF EAST AFRICAN COUNTRIES: A STORY OF BUDGETS, ECONOMIES AND INFORMATION COMMUNICATION AND TECHNOLOGY. Global economy As the global economy sways like a tanker in high seas, I would like to imagine a domino player stacking domino chips evenly spaced on a straight line, each preferably representing a European country, starting with Greece and ending with the most stable Nordic country, then I would imagine if the first domino was pushed over depending on the prevailing global situation, they would all fall, with or without austerity measures. Such a picture may be crude, but there is credence in it, according to the World Economic Outlook April 2012, published by the IMF, global economic growth is expected to constrict from 4 % in 2011, to about 3.5% in 2012, mainly due to the sliding pendulum oscillating between the meltdown in Europe and the momentous growth prevailing in some Asian economies, having said that the optimism is contagious in...
Ideas, thoughts, aspirations and inspirations.