Discover the core principles of development economics, including top theories like mercantilism and structural-change theory, ...

Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at the heart of the work for which MIT’s Daron Acemoglu and Simon ...

Economic development is important to many communities to increase jobs and long-term revenue growth. Local governments can encourage economic development and growth through a variety of tools, such as ...

An economic downturn or recession begins when the economy experiences a significant decline in typical activity, such as employment, production, income and a few other signs, according to the National ...

An agreement on the Johor-Singapore Special Economic Zone (JS-SEZ) was announced in early January, after several months of negotiations. The project encompasses a large part of the southern Malaysian ...

After months of political maneuvering, negotiations, coalition-building, and the return of former Prime Minister Thaksin Shinawatra, Thailand’s new government is starting to settle in and unveil some ...

India’s high growth and low inflation period has been dealt an oil shock. Since the start of the Middle East conflict and US-Iran war, crude oil prices have crossed $100 per barrel, in effect ...

The European Union’s economic momentum has slowed amid global trade uncertainty, geopolitical tensions, and uneven recovery across member states, even as the bloc intensifies efforts to expand its ...