For about three decades, the Japanese economy suffered a prolonged phase of economic stagnation but may have started, in late 2019, to emerge from this state with the implementation of Abenomics in late 2012 or early 2013. Abenomics consisted of “three arrows”, namely aggressive monetary...

The Chinese economy upheld a frail recovery in 2022 under the triple superposition of contraction of demand, disruption in supply, and weakening expectations, aggravated by unanticipated adverse shocks in the midst of global turmoil. Over the year, rising income uncertainty set off by the...

This article discusses prospects for China's economic development over the next decade based on the computable general equilibrium (CGE) model of the Chinese economy. The article argues that the long-term trend of China's economy will remain positive and the major driving forces of the...

Well-travelled international law teachers, students, and practitioners know there are a few countries that defy mastery. Repeated trips to such countries across decades, and still the sense of wonder, indeed inscrutability, prevails. At or near the top of this short list of countries that...

The Palestinian Authority (PA) continues to experience a severe fiscal crisis, which threatens to become protracted given recent and projected declines in donor assistance. The PA is making a concerted effort to strengthen its fiscal position, including taking steps to raise domestic revenues...

The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This 17th edition was published in July 2023 and is part of an ongoing series published twice each year. The publication intends to foster better-informed policy analysis and debate...

During the post independence era, India was well known as an agrarian economy with a weak industrial base, very low level of employment opportunities and serious regional imbalances. The public sector was forced to play a dominant role in developing the economy because the private sector neither...