The process of "redefining" capitalism or reinterpreting capitalism ideologies in a modern context can reveal the virtues of classical economics and the ways they can help solve contemporary global problems. In Redefining Capitalism in Global Economic Development, Kui-Wai Li helps us reconsider...

In this multi-country study, sample countries selected from each segment of development levels are analysed in terms of demography, urbanization, economic policy, geographical location, natural resources, human capital, income distribution and several other factors. In a former study by the...

Progress is favoured by people, companies and countries. The study attempts to define progress, as the process of developing or improving. The study explore the dimensions of progress, the benefits and the causes, the pioneers and laggards in progress, and initiators of progress. Role of...

This paper assesses the relative merits and demerits of different East Asian models by placing them in a historical perspective. It re-interprets Gerschenkron's model of late industrialization, and extends it to compare East Asian economies in view of substituting and complementing models. It...

Development is the most important challenge facing the human race but the processes driving economic development are by no means fully understood. However, the core challenge for development is to ensure productive work and a better quality of life for all the people of the World. This challenge...

Development is the most important challenge facing the human race but the processes driving economic development are by no means fully understood. However, the core challenge for development is to ensure productive work and a better quality of life for all the people of the World. This challenge...

Proponents of trade liberalization routinely defend international trade institutions as engines of economic growth that benefit everyone. How trade proponents justify trade institutions matters because their justificatory rhetoric leads to certain policy conclusions about whether it is...

This paper explores the impact of past and future growth in the Association of Southeast Asian Nations (ASEAN), the People's Republic of China (PRC), and India — the ACI countries — on aggregate welfare, relative wages, and global emissions in the rest of the world. It outlines several...