Governments in various countries, irrespective of the country׳s level of economic growth, seek to initiate macroeconomic policies towards achieving better economic performance in order to advance level of business activities and ultimately, ensure better quality of life for the people. To...

Inflation targeting and price-making in monetary economies: is it possible to conciliate growth with price stability? - Recently a number of countries have adopted explicit inflation targets as a guide for policy since a numerical target is attractive for anchoring inflation expectations....

The focus of this paper is based on a pursued economic philosophical exploration of the concept of Afro-centricity in a bid to unravel the best possible model approach to fostering Import Substitution Industrialization (ISI) motive for championing growth and development in the African continent...

Nanotechnology is expected to have a major impact on global economies this century and is an important sector for Jamaica in achieving the agenda of becoming a competitive and dynamic knowledge-driven economy by 2030. Key to this will be the active participation of small and medium-sized...

Traditionally the creation of sovereign wealth funds (SWFs) was “supply-driven”, the result of excess reserves from natural resources (e.g. Norway, Qatar, Kuwait, etc.) or non-commodity capital flows (e.g. South Korea, China, Singapore, etc.). More recently we observe many newly established...

Despite recent interest in the interplay between institutions and growth, country studies in developing countries particularly relating to planning has not been given considerable attention. This forms the main motivation for this study, which evaluates the economic planning in Nigeria and...

Despite recent interest in the interplay between institutions and economic growth, country studies in developing countries particularly relating to planning has not been given considerable attention. This forms the main motivation for this study, which evaluates the economic planning in Nigeria...

One of the most topical issues that have received extensive attention in economics to date centers on: what determines economic growth? Attempts at answering this question have spawned an avalanche of possible reasons as determinants, ranging from economic, social, political to institutional...

This year marks the 25th anniversary of the EU's Macroeconomic Dialogue (MED). Since entering its third decade, the MED has already faced two massive crises: the COVID-19 pandemic and the surge in energy prices. Yet European economic policymakers continue to face multiple macro-structural...

In Q3 2020, the pace of economic recovery in many countries turned out to be higher than expected. However, this growth only in part offset the deep recession that had been observed in Q2. In the majority of countries, output is well below its pre-crisis levels. The “second wave” of the...