The issue of the change of the value of the Chinese currency has been focused by the world for several years. Its influences on not only China but also the rest of the world could not be neglected. Briefly historical background of the change of the Chinese currency as well as the influences it...

This paper analyzes the economic growth problems of Timor-Leste since its independence. As for a typical country whose economic growth is mostly relying on the petroleum revenues, its monotonous source of income seems to be the biggest obstacle. Therefore, this article mainly analyzed the...

This paper analyzes the state and conditions of aquaculture in South China Sea both from technological and economic perspectives. We state from the basic marginal cost analysis and construct a two sector model for this issue. Base on the comparison on the cost between aquaculture sector and...

This paper explores the dynamic effects of labor unions on economic growth and income inequality in a Schumpeterian growth model with heterogeneous households and endogenous market structure. A representative labor union bargains with a representative employer to determine the labor income share...