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 its National Development Plan 2030 and its New Growth Path (2011), South Africa identifies the export sector as an engine for faster, more inclusive, and job-intensive growth. The National Development...
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 paper...
Section one provides an economic update and assesses the challenges and near-term prospects facing the South African economy. In particular, it looks at the implications for South Africa of the resurgence...
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...