×

We've got news for you.

Register on Sunday Times at no cost to receive newsletters, read exclusive articles & more.
Register now

Exhortations be damned! This is the path to development

Ideas

Exhortations be damned! This is the path to development

The recently launched EMA provides tools to develop high-level skills in economic modelling

Pali Lehohla

Ivan Fellegi, chief statistician emeritus of Canada, proffers: “Whenever I said that we need to do something, I never preached about it because that is useless. Exhortation doesn’t get you anywhere ... one has to dream up techniques or tools or prods that make people behave the way you hope they would behave.” Training through EMA represents the tools and prods that should direct us differently towards a better future.

What does the Economic Modelling Academy (EMA) offer? We get to the nuts and bolts of what to expect from the academy, how to access it and how EMA can enhance your contribution to changing the world we live in through the power of policy design, implementation, monitoring and review. On June 9 the EMA was launched by former president Kgalema Motlanthe and a number of eminent personalities gave messages of support.

Open yourself to a world of economic tools of foresight by visiting the website www.Academyema.com. These tools will empower you as a civil society activist, private-sector investor, policymaker, bureaucrat or social entrepreneur. In the ever-changing world, EMA distinguishes itself by first capturing the complex laws of motion that govern economics. In this regard EMA is fully grounded in economic theory. It translates these laws of motion through a rich timeseries of statistical evidence and thus EMA is grounded in praxis of the continuous intersection of theory and practice emerging from empirical evidence. Through the web EMA has put this wealth of thought of integrated models on an interactive internet platform and has created ease of access to decompose the spatial and temporal complexity inherent in the laws of motions of economics...

This article is reserved for Sunday Times Daily subscribers.
A subscription gives you full digital access to all Sunday Times Daily content.

Sunday Times Daily

Already subscribed? Simply sign in below.

Questions or problems?
Email helpdesk@timeslive.co.za or call 0860 52 52 00.