Understanding labor market dynamics remains a pivotal aspect within contemporary economic discourse, as necessitates the pursuit of efective employment models to ensure steady progress in the conditions of changes in the economic structure. The aim of the research is to examine the dynamics of...

This paper addresses the limitations of Modern Money Theory (MMT) as a guide to development policy. We explore two central questions on this topic: whether MMT policies 1) ought to be implemented in low- and middle-income economies and 2) can be implemented. In relation to the first question, we...

This paper addresses the limitations of Modern Money Theory (MMT) as a guide to development policy. We explore two central questions on this topic: whether MMT policies 1) ought to be implemented in low- and middle-income economies and 2) can be implemented. In relation to the first question, we...

While China's growth gathered momentum in 2017, rebalancing was uneven and decelerated along many dimensions reflecting the temporary factors behind the growth pickup. Going forward, rebalancing is expected to proceed as these temporary factors recede, but elevated income inequality and leverage...

Most countries of the West African Economic and Monetary Union (WAEMU) experienced a growth acceleration in 2011-17. This paper identifies the determinants of this growth by combining country-specific information with the results of a cross-country regression model. Growth was characterized by...

This paper reviews the many areas in which economists play an important role in policy-making, including the quantification of objectives set by political processes, formulation of macroeconomic policy where economists have a dominating role, and also the formulation of sectoral policy where...

This paper reviews the many areas in which economists play an important role in policy-making, including the quantification of objectives set by political processes, formulation of macroeconomic policy where economists have a dominating role, and also the formulation of sectoral policy where...