Domesticating Consumer Price Index

  • The value of domesticating the Consumer Price Index and other imports

    The value of domesticating the Consumer Price Index and other imports

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    By Charles Dhewa The fundamental role of agriculture  and SMEs in many developing countries should by now have seen local economists inventing better ways of capturing and expressing economic conditions and inflation. It is clear that imported concepts like Consumer Price Index  and Producer Price Index   developed in the North cannot adequately represent economic…