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Taiwan's remarkable growth record has been the result of an outward-looking, export propelled development strategy. Recently unfavourable political and economic events have adversely affected Taiwan’s economy. This article analyses the country's economic development and appraises its future...
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Europe’s position as the most important economic area in the world is gradually being challenged by China and other regional powers which have been growing faster than the EU in the last 20 years. An economic and political power shift is taking place. How can Europe best cope with this challenge?
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While it is too early to confirm the depth and the sustainability of this new trend towards slower globalisation, it may be happening in more domains than we are fully aware of, at least for the near term given the renewed backdrop of the Russia-Ukraine war and the wider use of sanctions globally.
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The long-held truism that finance is always good for growth has been called into question by the global financial crisis. This article examines new evidence on the finance-growth nexus from a European perspective. More specifically, it compares the approach of many CESEE countries - i.e....
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The financing of long-term growth in developing countries has become more of a problem every year. In the following article one particular new financial instrument — Growth Participation Units — is discussed as a particular way to attract private sector long-term financing of development.
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