Rise of Economic Protectionism in Global Economy: Re-examining the Theory of Comparative Advantage
Recent trends in global economy have shown that many countries throughout the world have been undertaking measures that have been associated with what economists...
Three Decades After Big-bang Reforms, India Remains a Low-Middle-Income Country
In 1990-91, Indian Economy was on the brink of collapse. The country was reeling under extreme economic pressure with just enough foreign exchange reserves,...
Migrant Workers From Remittance Dependent Countries Are Being Forced Back Into Poverty by COVID-19
The wide-ranging effects of the Covid-19 global pandemic are almost unfathomable. Every day we hear of a different sub-section of society who have had...
As Oil Reserves Decrease, the GCC States Look to Urgently Diversify Their Economies
The market for natural resources is utterly fragile and unpredictable. Thus, depending solely on the exportation of oil was foundationally seen as unsustainable by...
How Will the Military Coup Impact Myanmar’s Struggling Economy?
On Feb. 01, 2021 the Myanmar military also known as Tatmadaw, dismissed the civilian-led and democratically elected National League of Democracy (NLD) government and...
Brexit Will Not Impact Free Trade, But Free Movement of People
British Prime Minister Boris Johnson said that Britain has taken back control of its laws, borders, and fishing waters, after the UK and European...
UK-Japan Free Trade Agreement and Its Economic and Strategic Implications
The United Kingdom and Japan signed a trade agreement in October 2020. The deal is significant, because it was the first such agreement UK...
Economic Recovery Depends on Putting COVID-19 Immunity to Best Use
Policies on managing the end of COVID-19 deconfinements continue to take insufficient account of the immunity acquired by those who have had the illness.
The...
Africa’s Boom and Bust Cycle Threatens Three Decades of Relative Peace and Prosperity
Africa has enjoyed relative peace and prosperity during the past three decades in sharp contrast to the 1980s known as the ‘lost decade.’ From...