The clothing assembly industry has long been an important economic sector in a number of countries of the Caribbean Basin. This paper will begin with a summary of the growth and development of the Central American and Caribbean Basin garment export industry in the face of evolving trade...

This is the third in a series of papers concerned with the intellectual history of the 'informal economy' and its relevance to current concerns in Papua New Guinea (PNG; the eastern half of the island of New Guinea). Proceeding from the observation that monetized informal economic activity in...

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...

Current projections envision Asia’s emerging economies becoming the largest economic group in the world in the next two decades. Yet many observers warn that Asia's growth processes are unsustainable and could be headed for the “middle income trap.” This paper examines past growth engines...

This short paper is an executive summary of our interview (20 Oct. 2022) with Abdallah al-Yahya on Asharq News with Bloomberg (MENA & Western Asia audience).Looking at GDP and population terms, Abu Dhabi, Australia, Canada, Holland, Norway, Saudi Arabia, and Singapore appear to be midsize...

The primary objective of this research is to identify key factors that explain the observed wide variation in patterns of inclusiveness of economic growth - defined here as gross domestic product (GDP) growth that leads to significant poverty reduction - in Asia. In exploring this relationship,...

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...

Asian emerging economies are faced with reconciling the requirements of economic reform, meaning the long-term structural transformation of their economies, with effective political governance. They are embarking on essential economic change as growth prospects of the world economy are clouded...

Predicting future economic trends appropriately is essential to economic policy making. Currently, the DSGE model approach is a benchmark economic forecasting technique widely employed. However, large external shocks, such as large-scale natural disasters and COVID-19, challenge current...

There are significant income and nonincome development gaps around the world. Closing these gaps will require not only increasing and sustaining economic growth in low-income regions, but also policies that close nonincome development gaps directly. Governments need to support private investment...