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

Learn how externalities impact economics, with examples of positive and negative outcomes, and explore solutions like taxes, ...

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 ...

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 ...

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 ...

T he International Economic Development Council (IEDC) has unveiled the winners of its 2025 Excellence in Economic Development Awards. These projects and organizations were selected by an esteemed ...

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 ...

As attention turns to the Union Budget 2026, one number closely watched by policymakers, investors, and citizens alike is the real economic growth rate. It tells us whether the economy is genuinely ...

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 ...