Category: Political Economy

Political Economy, Politics & Society

Liberia has a system problem, but the failed politicians want to keep the country-congau debate going – A Critique of the Economic Governance System (Part 2)

By: Wonderr K. Freeman      Originally Published in August 2017 After getting a free pass from the ideologues and adherents of the country-congau divisive politicking, I feel absolutely vindicated and even bullish to move on to part two of my series on Liberia’s system problem. If Liberia is to progress as a nation, its system issues must be identified and addressed, head-on. Scapegoating, prevarications, and obfuscations will

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Business & Finance, Political Economy,

NIGERIA and LIBERIA’s Central Banks Thread Separate Paths on Micro-Small Medium Enterprise (MSME) Financing

By: Atty Wonderr K. Freeman,   Originally Published in November 2013 The Central Bank of Liberia (CBL, herein after) and its Governor, Dr. Mills Jones, have been under pressure lately. Its microfinance and SME policy has come under heavy suspicion by the Liberia Senate and other Liberian technocrats. It’s not farfetched to say that most of the senators don’t quite understand that boring subject called economics –

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Business & Finance, Political Economy

Analyzing the Economic Impact of Liberia’s Dual Currency Policy, A View From the Low-Level Square-table

By Atty. Wonderr Koryenen FREEMAN     Originally Published in February 2015 On February 23rd at the Monrovia City Hall, some of Liberia’s most well-known political and economic elites got together to talk about a perennial economic problem – Liberia’s dual currency policy. It was a “high-level” roundtable, so I wasn’t invited. I make no fuss about that! Like G. Henry Andrews, I am only too content with

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Business & Finance, Political Economy

Liberia’s faltering currency has reached its Rubicon – in search of a “Big Bang” solution                         

By: Wonderr K Freeman, Attorney, Monrovia. Liberia Originally Published in July 2017 Liberians have generally accepted an [LRD/USD] exchange rate in the 50s-60s, and have tolerated an exchange rate in the 70s-80s. They have murmured and grumbled as the rate approached 90s-100s. But an exchange rate above LRD100:USD1, and in fact approaching LRD120:USD1, is a whole new ballgame.  At this stage, prices are running through the

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Law & Governance, Political Economy, , ,

Wizard dribbler and master schemer, George Weah, is still dribbling Liberia’s corruption’s fight: an analysis of Liberia’s back-to-back investigation of the USD25m Mop-Up exercise              

Originally Published under a pseudonym – in June 2019 No one doubts that President George Weah is a master dribbler. He has the medals to show for this claim. And in the political realm, master dribbler Weah has also exhibited quite some dribbling skills on the likes of Brumskine, Tubman and Sirleaf. In politics, however, a dribbler is view quite unfavorably, more as a schemer. And

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Business & Finance, Political Economy, Regional & Global, ,

The IMF is just about to learn a new economic theory from Liberia: the theory of the leaking bucket

Originally Published under a pseudonym -in July 2019 President George Weah and his merry band of hustlers currently running the show in Liberia are a band in a hurry: hurry to bring overnight development to Liberia; at least that’s the official line.  They’ve been crisscrossing the globe, from Brussels to Beirut, from Singapore to Beijing, in search of easy and fast cash. Liberians already know a

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