Friday, 22 July 2016

Seychelles President meets with Professor Joseph Stiglitz

Seychelles President meets with Professor Joseph StiglitzPresident James Michel met with Professor Joseph Stiglitz, an American economist and 2001 recipient of the Nobel Memorial Prize in Economic Sciences, at State House this morning. Professor Stiglitz will be participating in sessions leading to the African Export-Import Bank (Afreximbank) Annual General Meeting (AGM) which will take place in Seychelles on Saturday 23rd July 2016.

President Michel underlined the importance of Afreximbank’s meeting in Seychelles to promote import and export opportunities in Africa. Commenting on Professor Stiglitz’ participation, he stated “We are confident that we will benefit from the ideas you will be sharing with us during the various sessions.”

During the meeting, Professor Stiglitz expressed his admiration at Seychelles’ development model which he described as an exemplary model for all countries. He commended the leadership role of President Michel during Seychelles’ economic reform and in the fight against piracy in the Indian Ocean.

They also discussed the promotion of the Blue Economy as a viable economic strategy for at national, continental and global level.

In an interview with the national press, Professor Stiglitz said he will be talking about challenges of African development pertaining to the transformation of the African economy. Read more....


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