This paper identifies emerging trends in the world economy during the next decade. The first is that China will overtake the U.S. in terms of gross domestic product (GDP), ending more than a century of U.S. leadership as the world's largest economy. The second is that Developing Asia, excluding...

This paper addresses the impact of investment in information technology (IT) on the recent resurgence of world economic growth. We describe the growth of the world economy, seven regions and 14 major economies during the period 1989–2003. We allocate the growth of world output between input...

This paper introduces a new framework for projecting potential growth of the world economy, emphasizing the contribution of information technology. We first analyze the sources of economic growth for the world economy, seven regions, and fourteen major economies during four periods- 1989–1995,...

This article investigates the barriers to energy efficiency at the residential sector within one province in China and explores patterns of household electricity consumption. The article presents the results of a survey questionnaire distributed to more than 600 households in Liaoning Province,...

This note elaborates on a potential misinterpretation of the convergence speeds that are associated with the beta-convergence effect. Practitioners and certain researchers often commit the common error of using the results from the logarithmic measure of the income gap to interpret the speed of...

Vietnam has achieved impressive economic growth since the dramatic deepening of its economic reforms in March 1989. Although Vietnam's achievements are laudable, the economy appears to face increasingly serious challenges to sustained, robust economic performance in the long term. This paper...

Singapore's remarkable success in economic development has been strongly associated with the country's vigorous efforts to embrace the Information and Communication Technology ICT revolution to promote economic growth. This study provides a comprehensive investigation of the contributions of ICT...

This paper analyses the effects of China and India on manufactured exports of the G7 economies. The following three findings stand out. First, the rivalry effect of China is robustly significant in all investigated markets, including the world and the G7 countries collectively and individually,...

A comparison of the electricity sectors in 14 developing Asian economies (DAEs) shows that DAEs are increasingly relying on coal to meet electricity needs, while most of them are far below the world average in terms of nuclear energy and renewable power utilization; East Asian economies...

The prisoner's dilemma and stag hunt games, as well as the apparent benefits of collaboration, have motivated governments to promote more frequent and effective collaboration through a variety of policy approaches. Sometimes, multiple kinds of policies are applied concurrently, and yet little is...