Metropolitan areas are key to economic prosperity of countries. But this is affected when the population grows too fast like in Uganda’s Kampala, where growth has outpaced infrastructure development.
Comparing real Maluku and synthetic Maluku (a Maluku without prolonged conflicts) shows that Maluku could have 60.3% more economic growth had it not experienced conflicts.
The Rwandan model can’t be replicated easily given that it depends heavily on political dominance and tight, centralised control of patronage networks.
Many provisions in the Trans-Pacific Partnership have been suspended after the United States pulled out. But there’s still much to debate about the regional free trade agreement.
The problem with Africa’s model of industrial growth is that it privileges the formal at the expense of the informal and big corporations at the expense of small businesses.
Blockchain technology is familiar to us in the form of digital currency bitcoin. And if it makes it way to the mainstream, could it change the way the world does business forever?
Every day brings new calls for sustainability, as humanity’s actual behaviour moves ever further away from it. What can we learn from an obscure Austrian philosopher?
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it’s fairly confident the economic recovery will continue. Is it overconfident?
Principal Research Fellow, Melbourne Institute of Applied Economic and Social Research, and Professor of Economics, Department of Economics, The University of Melbourne