President Barak Obama's speech at the seventy first session of the United Nations General Assembly on September 20, 2016 carries great significance.

Economics has long held a reputation of being an inaccessible social science. We are daunted by its intricacies, technicalities and ambiguities.

With Japan's economy struggling to escape its deflationary torpor, the economic-revitalisation plan that Prime Minister Shinzo Abe launched in 2012 has come under growing scrutiny.

The world economy is a more equal place for the average individual today than it was in 1980. This is partly thanks to a series of strong leaders, such as those in China since Deng Xiaoping, and in India since Rajiv Gandhi.

The bankruptcy of public pension funds is an issue worldwide. According to a recent study conducted by Allianz, pension

For meaningful comparisons among different countries with respect to their levels and trends in income inequality, we need comparable data.

Countries that have managed to keep corruption, embezzlement and fraud under control have done so by adopting a three-pronged approach: the lawyer's approach, the economist's approach and the businessman's approach. It is the first - tougher new laws and tougher enforcement of existing laws - that is usually the topic of discussion in the media and other circles.

In response to asymmetric shocks and divergences in productivity, there would have to be adjustments in the real (inflation-adjusted) exchange rate, meaning that prices in the eurozone periphery would have to fall relative to Germany and northern Europe.

Foreign remittance is definitely contributing to the country's rising development in many areas. Today, every year around eight million Bangladeshis across the globe are remitting about USD 15 billion, which has gradually been boosting the country's economy.

Following the International Monetary Fund's controversial actions in the Asian financial crisis of 1998, when it conditioned liquidity assistance to...

The failure of globalisation to deliver on the promises of mainstream politicians has surely undermined trust and confidence in the “establishment.” And governments' offers of generous bailouts for the banks that had brought on the 2008 financial crisis, while leaving ordinary citizens largely to fend for themselves, reinforced the view that this failure was not merely a matter of economic misjudgments.

China's economic performance over the last few decades has been outstanding. Despite possessing very different institutions than those seen in the advanced economies, no doubt a result of its communist system, China managed to achieve 8.7 percent average annual per capita GDP growth from 1980 to 2015.

Just two years ago, the topic of drug-resistant infections would usually be met with questions like "What is AMR?" or, "Why would a finance minister take charge of a health crisis?" Few understood the scale and multifaceted nature of the challenge, and thus the need for a comprehensive approach.

When economists hand over their findings from a cost-benifit analysis to politicians, it is important to be upfront about the “ifs and buts” of the analysis, and to caution the user of the dangers of making sweeping statements about the superiority of alternative technologies or policy options.

One would assume that a job entails its holder to carry out his responsibilities ethically and with sincerity, especially when it comes to

While European leaders dreamt of an intertwined economy across Europe 43 years ago, the British people desired something else.

That is not surprising. Namibia is one of the most beautiful places in the world, and its people cultivate its environment and protect its animals.

Countries with a successful PPP programme have built it on a solid framework. The Government of Bangladesh passed the PPP law last year. Before that, in 2011, it formed the Bangladesh Infrastructure Finance Fund Limited (BIFFL), a government-owned non-banking financial institution with a mandate to invest in large infrastructure projects, including power and energy, ports, connectivity, tourism and economic zones.

The United Kingdom is now in the midst of a Shakespearean dilemma, “to stay or not to stay”. Voters will decide in a referendum on June 23...

Heoretically, trade liberalisation results in productivity gains through increased competition, efficiency, innovation and acquisition of new technology.