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This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s government in the international arena in as simple and parsimonious a manner as possible. For...
Persistent link: https://www.econbiz.de/10009390659
The currency crises of the 1990s, particularly the one that hit Southeast Asia since the devaluation of the Thai baht on July 2, 1997, are suggestive of the relevance and pervasiveness of contagion or negative spillover effects that are largely regional in scope. As such, one of the mantras...
Persistent link: https://www.econbiz.de/10008461002
The NYP 2010 is a step forward from the earlier Policy formulated in 1988 and, later, in 2003. It reaffirms commitment of the nation to the holistic development of the young people of the country. This document aims to reinforce existing policies and programmes of the current Policy that...
Persistent link: https://www.econbiz.de/10009002232
The problems of failed states, including the repeated return to power of former warlords are examined. It is argued that this causes institutions to become weaker and people to get poorer. It is argued that economic power through property holdings or human capital gives people the means to hold...
Persistent link: https://www.econbiz.de/10009002273