The Lao People’s Democratic Republic’s reliance on debt financing for the power sector has led to significant economic growth but also severe debt distress. Reforms
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Traditional views on monetary-fiscal interactions suggest that fiscal deficits can be stabilised through changes in taxes, government spending, or inflation. This column examines how economic
Many of today’s global problems, such as sustainability, technology, skills, and diversity can only be solved by organisations. This column argues that more work is
Standard models of economic growth depict physical capital, human capital, population/labour, and total factor productivity as proximate determinants of economic growth. But their deeper determinants
Montenegro gained independence from Serbia and Montenegro in 2006 and became a candidate European Union (EU) member state in 2010. In April of this year
Montenegro gained independence from Serbia and Montenegro in 2006 and became a candidate European Union (EU) member state in 2010. In April of this year
Emerging technologies have the potential to “disrupt” infrastructure public-private partnerships (PPPs) as technological change is expanding with ever-increasing speed across the globe. As a result, governments
It is generally believed that standard macroeconomic models of foreign exchange rates do not fit the data well. However, this column argues that a model
As India’s urban population grows, developing high-quality mass transit systems becomes essential, but financing remains a challenge. Implementing advertising, leasing space, property development, and shopping
Following the release of the Panama Papers and the Pardise Papers, there has been renewed research into profit shifting by multinational firms. This column utilises