Technological capabilities are at the center of the new theories of economic growth which focus on technology and human capital as engines of growth. Recent developments in this literature suggest that long-run economic growth, as seen most recently in East Asia, reflects sustained increases in...

Developing economies in East Asia and Pacific are projected to grow at 7.1 % in 2013, down from 7.5 percent last year. While the pace of growth is slowing, the region will still contribute 40% of global growth and one-third of global trade this year †“ higher than any other region in the...

Developing countries in the East Asia Pacific region will see stable economic growth this year, bolstered by a recovery in high-income economies and the market’s modest response so far to the Federal Reserve’s tapering of its quantitative easing, according to the East Asia Pacific Economic...

Botswana is one of a small group of countries in the contemporary era, virtually the only African country that has sustained rapid economic growth over an extended period. Over the past three decades, Botswana's real per capita income grew by more than 7 percent per annum, which is comparable to...

The institutional crisis affecting economic management in Sub-Saharan Africa (SSA) is a crisis of structural disconnect between formal institutions transplanted from outside and indigenous institutions born of the culture and traditional values of the African past. Building on the findings and...