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Vishnu Padayachee

Vishnu Padayachee

Professor Vishnu Padayachee is currently Distinguished Professor and Derek Schrier and Cecily Cameron Chair in Development Economics, in the School of Economic and Business Sciences at the University of the Witwatersrand, Johannesburg. He also holds the position of Professor Emeritus in the School of Built Environment and Development Studies at the University of KwaZulu-Natal. He is a (life) Fellow at the Stellenbosch Institute for Advanced Studies (STIAS, 2011) and a (life) Fellow of the University of KwaZulu-Natal in recognition of distinguished service to the University.

He is a member of the Royal Society of South Africa (from 24 October 2012 (MRSSAf) and was elected to the Institute of Directors of South Africa (M.Inst. D) from 24 August 2012.

His books include “Indian workers and trades unions in Natal, 1930-1950” (1985, co-author); “(D) urban Vortex” (2002, co-editor); “Blacks in Whites: A Century of Cricket Struggles in KwaZulu-Natal” (2003, co-author); and “The Development Decade? economic and social change in South Africa, 1994-2004 (2006). His edited book ‘The Political Economy of Africa” (Routledge, London) was released in April 2010. His book-length and edited manuscript entitled “Capitalism of a special type? South African capitalism before and after 1994”, was published as a special double issue of the accredited journal Transformation 81/2 (2013). He served on the editorial Advisory Board of the leading journal World Development for over a decade, until his term ended in 2013, and he still serves on the editorial advisory boards of The Journal of Contemporary African Studies, and Transformation.

He has held visiting fellowships in Europe and the USA, including the Paul H Nitze School for Advanced International Studies (SAIS) at Johns Hopkins University (USA) (1985/6); the Christian Michelsen Institute in Bergen, Norway (1993); and Robinson College and the Judge Institute of Management Studies (now Judge Business School) both at Cambridge University (1995/6). He also held a (non-resident) three-year appointment as Visiting Professor in the School of Management at Birkbeck College, University of London until February 2004. He was for many years an African Associate at Cambridge University's African Studies Centre, and an Associate Member of the Social Policy Department at Oxford University. He was a (non-resident) Fellow at Kellogg College, Oxford University between 2011-2013.

Emerging Market Crisis Series

Reserve Bank independence: sobering lessons from India and South Africa

Sep 15, 2016 00:52 am UTC| Insights & Views Central Banks

Two BRICS member countries, India and South Africa, have recently experienced rather unedifying episodes related to the leadership of their central banks. Raghuram Rajan, the governor of the Reserve Bank of India, was...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Taiwan is experiencing millions of cyberattacks every day

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US student Gaza protests: five things that have been missed

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Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Japanese Firm Metaplanet Buys 117 BTC, Diversifies Reserve Amid Yen Drop

Amid a weakening yen, Metaplanet, a Japanese investment giant, has strategically shifted to Bitcoin, purchasing 117.7 BTC worth $7.2 million. This move aligns with their new treasury strategy to bolster economic resilience...

CNBC’s Ran Neuner Reveals Personal Picks for Crypto Portfolio

CNBCs Ran Neuner has shared his new cryptocurrency investments, choosing XRP, TON, and, notably, Solana. Highlighting each for its unique potential in the evolving crypto market, Neuners selections spotlight technological...

Philippines Tests Peso-Backed Stablecoin, Eyes Future Financial Innovations

In a groundbreaking initiative, the Bangko Sentral ng Pilipinas has commenced sandbox testing for the PHPC, a stablecoin pegged 1:1 to the Philippine peso. This pilot, a collaboration with Coins.ph, aims to evaluate the...

El Salvador Launches $360M Bitcoin Treasury Monitoring Site

El Salvador was the first country to accept Bitcoin as legal cash in 2021, and it now has over 5,700 BTC. Details of El Salvadors Bitcoin Monitoring Platform El Salvador has developed its proof-of-reserves website,...
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