"Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters."
— Theodore W. Schultz
Schultz was awarded the Nobel Prize jointly with Sir William Arthur Lewis for his work in development economics, focusing on the economics of agriculture. He analyzed the role of agriculture within the economy, and his work has had far reaching implications for industrialization policy, both in developing and developed nations. Schultz also promulgated the idea of educational capital, an offshoot of the concept of human capital, relating specifically to the investments made in education.
Schultz led a research into why post-World War II Germany and Japan recovered, at almost miraculous speeds, from the widespread devastation. Contrast this with the United Kingdom which was still rationing food long after the war. His conclusion was that the speed of recovery was due to a healthy and highly educated population; education makes people productive and good health care keeps the education investment around and able to produce.
A study by billionaire Bill Gates on living in extreme poverty also shows that China lifted over 700 million people out of extreme poverty between the years 1990 - 2017 by basically investing in human capital (Health and Education). The same investment strategy helped India lift over 300 million of its citizen out of extreme poverty within the same year period.
The World Bank defines the extreme poor as those living on less than $1.90 a day.
On these solid findings we base our objectives to delivering quality education in class and society, to students, professionals and the general public by mitigating malnutrition (Health), Investing in Agriculture and delivering quality educational services with the aid of modern technology.
"Of the world’s 736 million extreme poor in 2015, 368 million—half of the total—lived in just 5 countries. The 5 countries with the highest number of extreme poor are (in descending order): India, Nigeria, Democratic Republic of Congo, Ethiopia, and Bangladesh.
"To make significant continued progress towards the global target of reducing extreme poverty (those living on less than $1.90 a day) to less than 3 percent by 2030, large reductions in poverty in these five countries will be crucial. "
— World Bank
Improving Ease of Doing Business
"Empirical research is needed to establish the optimal level of business regulation—for example, what the duration of court procedures should be and what the optimal degree of social protection is. The indicators compiled in the Doing Business project allow such research to take place. Since the start of the project in November 2001, more than 3,000 academic papers have used one or more indicators constructed in Doing Business and the related background papers by its authors."
— Ease of Doing Business (Page 111)
Nigeria ranks 131 on the Doing Business report for 2020. This is due to the following reasons:
Difficulty in registering property;
Low power grid, poor power supply and the difficulty in getting electricity;
Difficulty in trading across borders;
Difficulty in paying taxes;
Difficulty in resolving insolvency; and
Difficulty in dealing with construction permits.
We partner with government institutions, organisations & private firm to deliver a better business environment for especially start-ups in Nigeria.
We work with the World Bank on conducting the ease of doing business research in Lagos state, Nigeria.
We receive supports from the Presidential Enabling Business Environmental Council (PEBEC) to deliver efficiency in checking Government MDAs.
We provide helpful information and opportunities for start-ups in Nigeria universities.
Improving Quality of Life
"According to the latest World Health Organisation, WHO, data published for 2018 life expectancy in Nigeria, a male given birth to in Nigeria in 2018 is expected to live approximately 54.7 years while a female is expected to live approximately 55.7 years in good health. The data shows Nigeria has a World life expectancy ranking of 178 out of 192 ranked countries."
We campaign in support of government and business policies that can improve the life expectancy of the average Nigerian through Health and Wealth.
We organise trainings for students and professionals with the aim to teach our clients on how to use and operate with modern tools (software, devices and files) of the Economics Profession. This is targeted at improving their productivity.
Nigeria is one of the countries with the lowest number of researchers per million population. And this explains the reason it has low productivity and innovation when compared with developed countries like Switzerland, United States and China. For Researchers of the Economics profession, this places them at a crucial position and gives important role as the demand for research is ever increasing in both education and application, school and business world. Therefore, the use of modern software is necessary for increasing the quality of research and facilitate research process.
In a world where data is the new oil, the need for data analysis and interactivity in the visualization of data cannot be overemphasized. There is always a new dimension and perspective to viewing existing data. And the use of modern analytical tools by especially professional scientists who deal a lot with data is very vital. Therefore, we believe our data analysis training is a good investment for students and professionals of the Economics profession.
Podcast & News
Get the lastest news and developments of the Economics Profession and Education.
We do a regular research on key issues that concern are goals and objectives. The outcome of these research are then published in our Blogs, Reports and Podcasts.
The relevance of Economics Professionalism is the latest publication we produced, with the help of our representatives across universities, we were able to get responses from over 250 students of Economics across the country.
The next research we producing is on Employability of Economics Undergrads in Nigeria.
Credentials & Partners
RE The Uploaders is registered with the Corporate Affairs Commission. It is affiliated with Rethinking Economics headquartered in Manchester, United Kingdom. It is based in the University of Lagos, Economics Department and supported by the Nigerian Economics Students' Associations across universities in the country.