Malaysia continues to struggle in addressing the identified challenges that are preventing or delaying the country's shift to high-income status. Despite the numerous bold policy measures and long-term plans introduced by the Government over the years, Malaysia's economic progress continues to...

People have recently started to show a particular interest for the link existing between economy and ecology, including the environmental protection. This way, a new domain, called ecologic economy or eco-economy, has sprung into existence, aiming at the ensuring of the puttinginto- practice of...

Back in 1990 the Report of the South Commission – perhaps in a nod to I. Wallerstein's ‘The Modern World – System', qualified developing countries (also called the South) as ‘largely bypassed by the benefits of prosperity and progress', ‘unfavorably placed in the world economic system'...

Financial inclusion efforts seek to ensure that all members of an economy can have access to and effectively use appropriate financial services. Improving financial inclusion has become a significant concern for developed and developing countries alike. There are many indicators of financial...

Prior to the early part of the 19th century, China’s economy had long been superior to that of the West’s. The Chinese’s ability to utilize science and technology had been instrumental in leading their enormous population to economic prosperity and for a while, superiority. During the 18th...

Globalization is the process of increased interconnectedness among countries. The prosperous economic development that is typically gained because of the increased interconnectedness among countries usually results in a better standard of living, and an overall improved quality of life. The...

The newly born, one year old State of Southern Sudan faces multiple challenges, economic, administrative, ethnic and most of all, civil conflicts with its previous mother country, Sudan. Building a state is an arduous mission and building a nation comprised of many ethnicities is the most...

Adoption of NEP in 1990-91 was designed primarily to replace slowly growing closed Indian economy by rapidly growing open economy. The study determines the degree of openness of Indian economy and the profile of time path traversed towards this goal under NEP. The opening up of the closed...

Tanzania, like most other developing countries, faces numerous economic challenges in striving to achieve sustainable economic growth and development through taxation. In the literature, the debate on how effective taxes are as a tool for promoting economic growth and economic development...