The present study examines how policy makers should consider the quality of institutional framework to reduce the productivity gap and increase a country's ability to absorb superior technologies developed elsewhere. This paper analyzes the impact of components of economic freedom, such as the...

Since the launch of economic reforms in China in 1978 and Vietnam in 1986, both countries have made impressive achievements. However, the two countries have experienced a notable divergence in growth, even though the context and characteristics of their reforms were broadly similar. This paper...

Indonesia began its war for economic development in 1949 after winning the war for political independence that started in 1945. This is a speculative paper because it is the exploratory paper of the planned Indonesia 2049 project which asks whether Indonesia’s war on economic development would...

The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. The analyses presented here compare the European and U.S. patterns in this...