Human capital development is important for economic growth. The main channel by which human capital can be enhanced is education, which is characterized by the issues of availability, access, and quality. Domestic reforms can be complemented by regional cooperation in education. The main...

Many have argued that the major source of the existing global macroeconomic imbalances are the twin deficits of the United States (US). However, there is still a debate about whether the global imbalances indeed pose a significant threat to the world economy. This matter is settled by arguing...