In July 2024, a tragic road crash in the northern state of Uttar Pradesh captured headlines across India. A speeding double-decker bus crashed into the back of a milk tanker on the high-speed Agra-Lucknow expressway, killing 18. This disaster, while horrific, was not an isolated incident, and served as a stark reminder of the worsening […]
Progress toward achieving the Sustainable Development Goals (SDGs) requires urgent and substantial scaling up of investment. While the estimates of the funding required to bridge these investment gaps in emerging market and developing economies (EMDEs) vary across studies, they generally amount to trillions of dollars per year. Thus, UNCTAD’s latest estimate of the aggregate investment gap faced […]
Central American countries and the Dominican Republic are at a critical juncture for the transformation of their economies, creation of new jobs, and consequently the alleviation of poverty. To achieve this, they must embrace technological progress. However, in order to seize this opportunity, human capital must be developed and there must be greater deployment of […]
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 are poorly understood. This column argues that religion – as one of the most ubiquitous social phenomena – can spur or impair economic growth by affecting each of these four […]
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