The purpose of this study is the analysis of the new institutional economics according to parameters and criteria that affect the growth and economic development such as free movement of capital, contract enforcement, information costs, risk transfer costs, free competition and their application...

The COVID-19 pandemic is imposing economic and broader development challenges as never before. Policy lessons from Asia and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising inequality and environmental challenges increased the...

This paper provides an update on the recent performance of the Indian economy. It reviews India's growth performance, and the supporting performance of savings and investment, productivity and international trade. It highlights the performance of a dynamic sector (automobiles) and a laggard...

Remittances have long been an important source of revenue for many people in the Republic of Niger. In order to fight poverty, young people choose to migrate. In 2019, a total of 293 million U.S. dollars was sent by migrants to their relatives in Niger; that is 3% of Niger Gross Domestic Product...

This paper is an attempt to analyze the social indicators of two government eras i.e. the military regime of General Pervaiz Musharraf (FY00-FY05) and the democratic governments of Pakistan Peoples Party (PPP) and the Muslim League (FY89-FY99). Since the social indicators are the benchmark &...

Government of Liberia aims to achieve middle income status by 2030 through broad participation and inclusive growth. The country's growth strategy is one of accelerating the exploitation of natural resources, while maintaining sound macro policies, improving the business environment and...

While the pandemic has created uncertainties about the shape of recovery, both at the domestic and global level, the Mauritian Government’s recovery programme reflected in the 2021-2022 budget provides some practical foresight necessary to protect the economy and build readiness for the post-...

COVID-19 has a significant impact on Chinese businesses and industries. Novel Coronavirus has struck China at a time when the Chinese economy has expanded more extensive and established more fabulous relationships with the world. The current strain of China's expansion will also hit the global...

The rebirth of democratic dispensation in Nigeria was threatened with multi facet challenges of high external indebtedness, rising rate of inflation from single to double digit, unabating high rate of unemployment, slow paced but fluctuating GDP growth rate, foreign reserve inadequacy, and the...

In 2020, the coronavirus pandemic triggered the largest drop in global output since World War II. However, it turned out to be less than expected at the beginning of the pandemic. International organizations are improving global economic outlook as the vaccination of the population accelerates...