Liberia Economic and Research Services—LERES

09/05/2025

11/04/2025

𝐋𝐄𝐑𝐄𝐒 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐇𝐨𝐰 𝐡𝐢𝐠𝐡 𝐜𝐫𝐢𝐦𝐞 𝐥𝐞𝐯𝐞𝐥 𝐀𝐟𝐟𝐞𝐜𝐭𝐬 𝐋𝐢𝐛𝐞𝐫𝐢𝐚'𝐬 𝐅𝐮𝐭𝐮𝐫𝐞.

Right now, foreign investors and tourists avoid Liberia because of crime. The only ones coming are:
1. Short-term profiteers—investors who take big risks for fast money.
2. Emergency aid group—helping to stop a humanitarian crisis.

Solution for Long-Term Growth:

✔️Fix the justice system—stronger courts and police.
✔️Improve security—make streets safer for businesses and tourists.

Result?: More stable investments, more jobs, and real economic growth for Liberia.

Key Finding: Liberia's crime crisis scares away money and opportunities. Fixing security = better future.

Click herw for the latest Travel Advisory report: https://www.osac.gov/Content/Report/be9dbdaf-a9aa-4750-9ac6-1cbb83e215f0

Follow LERES for more updates:

08/04/2025

𝐒𝐢𝐧𝐜𝐞 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐓𝐫𝐮𝐦𝐩’𝐬 𝐬𝐞𝐜𝐨𝐧𝐝 𝐭𝐞𝐫𝐦 𝐛𝐞𝐠𝐚𝐧, 𝐭𝐡𝐞 𝐜𝐨𝐦𝐛𝐢𝐧𝐞𝐝 𝐯𝐚𝐥𝐮𝐞 𝐨𝐟 𝐟𝐢𝐯𝐞 𝐛𝐢𝐠 𝐭𝐞𝐜𝐡 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬—𝐀𝐦𝐚𝐳𝐨𝐧, 𝐀𝐩𝐩𝐥𝐞, 𝐆𝐨𝐨𝐠𝐥𝐞, 𝐌𝐞𝐭𝐚 (𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤), 𝐚𝐧𝐝 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭—𝐡𝐚𝐬 𝐝𝐫𝐨𝐩𝐩𝐞𝐝 𝐛𝐲 𝟐𝟐%, 𝐝𝐨𝐰𝐧 𝐭𝐨 $𝟏𝟎 𝐭𝐫𝐢𝐥𝐥𝐢𝐨𝐧. 𝐓𝐡𝐞 𝐍𝐚𝐬𝐝𝐚𝐪 𝐬𝐭𝐨𝐜𝐤 𝐦𝐚𝐫𝐤𝐞𝐭(𝐰𝐡𝐞𝐫𝐞 𝐦𝐚𝐧𝐲 𝐭𝐞𝐜𝐡 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐭𝐫𝐚𝐝𝐞) 𝐡𝐚𝐬 𝐚𝐥𝐬𝐨 𝐟𝐚𝐥𝐥𝐞𝐧 𝐛𝐲 𝟐𝟏%.

Before this, these companies and their CEOs donated millions to Trump’s inauguration, hosted expensive parties for him, and even let him announce big business deals to make him look good.

But now, less than three months into his new term, Trump has not helped them in return. Instead, he raised tariffs (taxes on imports), which are hurting these companies’ sales.

Gary Shapiro, a top leader in the tech industry, said: " 𝘛𝘩𝘦𝘴𝘦 𝘵𝘢𝘳𝘪𝘧𝘧𝘴 𝘸𝘪𝘭𝘭 𝘮𝘢𝘬𝘦 𝘵𝘩𝘪𝘯𝘨𝘴 𝘮𝘰𝘳𝘦 𝘦𝘹𝘱𝘦𝘯𝘴𝘪𝘷𝘦 𝘧𝘰𝘳 𝘱𝘦𝘰𝘱𝘭𝘦. 𝘖𝘵𝘩𝘦𝘳 𝘤𝘰𝘶𝘯𝘵𝘳𝘪𝘦𝘴 𝘸𝘪𝘭𝘭 𝘧𝘪𝘨𝘩𝘵 𝘣𝘢𝘤𝘬 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦𝘪𝘳 𝘰𝘸𝘯 𝘵𝘢𝘹𝘦𝘴. 𝘐𝘯 𝘵𝘩𝘦 𝘦𝘯𝘥, 𝘈𝘮𝘦𝘳𝘪𝘤𝘢𝘯𝘴 𝘸𝘪𝘭𝘭 𝘭𝘰𝘴𝘦 𝘮𝘰𝘯𝘦𝘺 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘰𝘧 𝘵𝘩𝘪𝘴."




Follow Liberia Economic and Research Services—LERES for more updates.

05/04/2025

𝐃𝐨𝐞𝐬 𝐀𝐢𝐝 𝐌𝐚𝐤𝐞 𝐏𝐨𝐨𝐫 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 𝐑𝐢𝐜𝐡?

The evidence is mixed:
▫️ Short-term relief (e.g., disaster aid, vaccines, famine relief) saves lives.
▫️ Long-term development depends on good governance, trade, and investment—not just aid.
▫️Success cases (e.g., South Korea, Botswana) used aid strategically alongside sound policies.
▫️Failures (e.g., Haiti, DRC) saw aid wasted due to corruption and weak institutions.

𝘾𝙤𝙣𝙘𝙡𝙪𝙨𝙞𝙤𝙣
Aid alone cannot eradicate poverty—but smart aid (transparent, targeted, combined with trade and policy reforms) can help. The debate isn’t just about how much is spent, but how effectively.

03/04/2025

𝐀𝐆𝐀𝐈𝐍𝐒𝐓 𝐀𝐋𝐋 𝐎𝐃𝐃𝐒: 𝐋𝐈𝐁𝐄𝐑𝐈𝐀 𝐄𝐒𝐂𝐀𝐏𝐄𝐒 𝐓𝐑𝐔𝐌𝐏’𝐒 𝐓𝐀𝐑𝐈𝐅𝐅𝐒 𝐓𝐀𝐑𝐆𝐄𝐓𝐓𝐈𝐍𝐆 𝐏𝐎𝐎𝐑 𝐍𝐀𝐓𝐈𝐎𝐍𝐒

LIBERIA has been spared from President TRUMP new Tariffs Policy imposing what he termed “ discounted reciprocal” rates in response to what he claims are trade practices against American goods.

The 10:10 tariff rate for Liberia means that both the United States and Liberia impose a balanced 10% tariff on goods traded between them. This is a shift from previous rates, where Liberia's tariffs on U.S. goods were slightly higher than the reciprocal rate.

Liberia's Main Export to the U.S.: Liberia's primary export to the U.S. is rubber, which constitutes a significant portion of its trade revenue. Other exports include wood products, cocoa, and animal fats.
Liberia's Main Import from the U.S.: Liberia mainly imports vehicles, machinery, and medical equipment from the U.S., along with foodstuffs like cereals and meat.

ANALYSIS: Potential Effects on Liberia's Economy:
Export Competitiveness: The balanced tariff rate could make Liberian exports more competitive in the U.S. market, potentially boosting sectors like agriculture and raw materials.
Economic Stability: A predictable tariff rate may encourage trade partnerships and investments, fostering economic growth.
Revenue Impact: While the tariff rate is manageable, it could still affect the cost of imports and exports, influencing government revenue and consumer prices.

25/03/2025

Is there any limit for begging?

BEGGAR is arrested in Sharja, a city in United Arab Emirates by police for collecting AED, 14, 000 (USD $ 3, 811.60) just in 3 days.

17/03/2025

𝐃𝐞𝐚𝐝𝐥𝐲 𝐓𝐫𝐚𝐝𝐞 𝐢𝐧 𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐋𝐚𝐛𝐨𝐫 𝐢𝐧 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐇𝐢𝐭𝐬 𝐇𝐚𝐫𝐝 𝐨𝐧 𝐄𝐚𝐬𝐭 𝐀𝐟𝐫𝐢𝐜𝐚.

𝐋𝐄𝐑𝐄𝐒 highlights the tragic situation in Saudi Arabia, where hundreds of East African domestic workers—mainly maids and nannies—have lost their lives after being drawn by salaries ranging between $200 and $250. Many others have suffered severe injuries, beatings, or sexual assault. The report further exposes that both East African leaders and Saudi royals are financially benefiting from this exploitative and perilous trade in domestic labor.

𝐋𝐄𝐑𝐄𝐒 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 – 𝐓𝐡𝐞 𝐌𝐚𝐢𝐧 𝐏𝐮𝐬𝐡 𝐅𝐚𝐜𝐭𝐨𝐫:
The driving force behind this tragic situation is 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙙𝙚𝙨𝙥𝙚𝙧𝙖𝙩𝙞𝙤𝙣 in East Africa. Widespread unemployment, poverty, and a lack of viable economic opportunities compel many individuals, particularly women, to seek employment abroad. Countries like Saudi Arabia and other Gulf states appear attractive due to the promise of higher wages compared to local earnings. Unfortunately, this migration often takes place through informal channels, making workers more susceptible to exploitation, abuse, and human trafficking.

For more details, refer to the linked articles: https://nyti.ms/4ief0q6

16/03/2025

Welcome to LERES! Created by two young, highly accomplished professionals—Economists and Business Administrators, Research Scholars and Policy analysts Losene A M Talawally and Meticulous.
𝐏𝐥𝐞𝐚𝐬𝐞 𝐟𝐨𝐥𝐥𝐨𝐰 𝐚𝐧𝐝 𝐥𝐢𝐤𝐞 𝐭𝐡𝐞 𝐩𝐚𝐠𝐞 𝐭𝐨 𝐞𝐧𝐣𝐨𝐲 𝐭𝐡𝐞 𝐛𝐞𝐬𝐭 𝐋𝐄𝐑𝐄𝐒 𝐡𝐚𝐬 𝐭𝐨 𝐨𝐟𝐟𝐞𝐫:

𝐓𝐡𝐞 𝐋𝐢𝐛𝐞𝐫𝐢𝐚 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐚𝐧𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐞𝐫𝐯𝐢𝐜𝐞—𝐋𝐄𝐑𝐄𝐒 will be dedicated to providing economic information and analysis about the Liberian economy, Africa, and the world. The objectives involve informing our global audience about current economic issues, with a primary focus on Liberia, critiquing government policies and its consequences on the economy, doing research, and providing policy advice.

𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬:
》Policy review and analysis using Economic theories and econometric model.
》Presentation of Economic facts and outcomes leveraging social media through postcard, graphics and interviews.
》Conducting research and development analysis for informed decision making.
》Provide consultancy services for private, government and businesses.
》Capacity Building through conferences, workshop, and technical training.
》Promote private and public sector Businesses to enhance productivity and profitability, etc

𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡𝐞𝐬:
▪︎Postcard and Social Media Presentation
▪︎Radio and TV Shows
▪︎Field interviews
▪︎Physical and online classes

17/03/2023

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