More: Economics
The Fourth Industrial Revolution and the (Unwarranted) Pessimism over Jobs
Ever since homo erectus carved a piece of stone into a
tool, the welfare of our species has been on the increase. Indeed, this
technological breakthrough...
Sovereign Fund or Vision Fund? EU riding on contrasting ambitions
Europe is catching up again. At least, it
now believes so. Last month, European leaders agreed to set up a $100bn fund to
improve the competitiveness...
South African diplomacy: Challenges as opportunities
Under President Cyril Ramaphosa, South Africa is
seeking to regain the respect and authority it held in its early years of
democracy. Its diplomacy is undertaking...
Reducing gender gaps in Asia and Pacific essential to realizing region’s potential
Over the past two decades, the Asia and Pacific region
has made progress in reducing gender gaps in certain areas, most notably
education. According to the...
Why China has the political upper hand in the Trade War
The raging
trade war between China and the US is the culmination of a decade-long phase of
speculation and rumour-mongering about the possibility of some kind...
After 150 Years: Suez Canal Still matters
“No one is
more a canalist than I, but I want the Canal to belong to Egypt, not Egypt to
the Canal”-Isma’il Pasha, Khedive of Egypt
The...
Develop while you still can
The last
week saw the United Nations General Assembly as the focal point for global
affairs, with the center stage given to the confrontation between a...
Debt Stocks of Developing Countries Rose to $7.8 Trillion in 2018
Total external debt of low-
and middle-income countries climbed 5.3 percent to $7.8 trillion last year,
while net debt flows (gross disbursements minus principal payments) from
external...
Developing Asia Needs Concessional Resources for Sustainable Development
The Asian Development Bank (ADB) should continue to deliver
concessional assistance—comprised of very low interest loans and grants—to
countries in need in the Asia and Pacific...
Pakistan Economy Continue to Stabilize Amid Strong Headwinds
Pakistan’s economy in fiscal year (FY) 2019, which
ended on 30 June, is showing signs of recovery as the government’s fiscal
consolidation and austerity measures to...