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Showing posts with the label The Economist magazine

Todd Hirsch, job hunting and African Economic Decline

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Between Academic Skills and Fields This recent piece, written by Todd Hirsch, the Calgary-based chief economist of ATB Financial and author of “The Boiling Frog Dilemma: Saving Canada from Economic Decline”, will serve young graduates regardless of country and clime as they navigate the job market.The message is simple: whatever your hand finds to do, begin from there. I am well aware that the African terrain is quite different from the Canadian one on which the author based his write up but the inherent lesson cuts across boundaries as it simply teaches that fresh graduates should be wise. Here is what Todd Hirsch wrote: Dear Applicant: Thank you for your letter inquiring about positions in our economics department. At this time, we have no openings. However, I will keep your letter on file should an appropriate job become available. At least, that's what I am required to tell you. But here's what I'd really like to say to you - and to every recent ...

Nigerian Lawmakers Top Worlds Best Pay List

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      Paying lawmakers   Nigerian lawmakers have once again topped the world's best pay list in a recent article by the UK based Economist magazine. In terms of absolute salary terms Nigeria's legislators are second only to Australia but ahead of their colleagues from Italy, USA, and Singapore who complete the top 5 most well paid legislators in the world. Although the Australian parliamentarians earn slightly more than their Nigerian counterparts, the Nigerian legislators are not so easily outdone. If the salary is considered in terms of national productivity figures then Nigerian legislators are the undisputed "world champions" earning 116 (one hundred and sixteen) times the country's GDP per person. The Australian, Italian, American and Singaporean legislators salary are respectivley 3, 5.8, 3.8 and 3 times the GDP of their countries.   Despite the relatively high salaries...