The Coronavirus (COVID-19) pandemic brought global tourism and travel to a standstill. Thus, although the health impact of the pandemic has been fairly contained in Maldives, its economic consequences...
The year 2018 was a challenging year for Sri Lanka. Growth remained subdued, although there have been signs of a recovery in the first half from the impact of a series of natural calamities in the preceding...
In recent years, the term "middle-income trap" has entered common parlance in the development policy community. The term itself often has not been precisely defined in the incipient literature. This...
The global financial roller coaster, with the Euro zone as its lead car, has hit economic prospects across the globe. The South African economy, with its close links to the world economy, has suffered...
This paper advances an alternative explanation of the large external imbalance between the United States (U.S.) and China, and its linkages to the current global financial crisis. The authors show that...