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Myanmar, which is emerging from decades of isolation, is poised to accelerate its economic growth on the back of its abundant labor force, rich natural resources, and geographical location.But the country faces many development challenges to achieve strong and inclusive growth.To take advantage...
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The economic success of the People’s Republic of China (PRC) over the last 3 decades has brought with it new challenges. Rising wages and population aging mean that future growth needs to rely more on productivity improvement through industrial upgrading and innovation, and transition from...
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The 20th Century saw major human triggered transitions that cumulatively are threatening the safety of the habitat for humans on planet earth. Population, resources, and the rapid accumulation of wealth all are intertwined in the 5 major transitions from the past to our new global future. These...
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Income growth in rural areas may be one of the greatest challenges to further poverty reduction and economic development. Using a new survey of rural Bhutanese households we investigate the short-term economic, social, and psychosocial benefits of a vocational skills training program that was...
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