economic growth
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What the G20 Can Do for Small Island Developing States
The G20 must prioritize sustainable debt management and funding for climate change adaptation projects to prevent a decade of lost development for the developing world.
Taiwan’s New Minimum Wage Proposal Is Insufficient to Foster Economic Growth
The Ministry of Labor has decided to increase the minimum wage in Taiwan from $26,400 to $27,470 for the future year. However, critics argue that this may not be enough to ensure a basic living standard nor foster economic growth.
Taiwan’s Stagnant Wages Has Caused Its Economy to Grow As Slowly As Other Developing Countries
The contention of Lin Por-fong, chairperson of the Third Wednesday Club, to tie minimum wage growth to GDP growth is criticized. It is argued that Taiwan’s economy can only expand if the minimum wage is raised at a faster pace.
Lithuania and Estonia Have Caught up With Taiwan. Will Taiwan Raise Its Minimum Wage Faster?
Taiwan’s stagnant wages have led to economic growth stagnation, putting it at risk of having the lowest minimum wage among advanced countries.
Malaysia Needs To Implement Multi-Year Wage Plan To Become a Leading Country in Asia
If Malaysia wants to become one of the 30 largest economies globally, one way it can do so is to implement a seven-year plan to raise its minimum wage.
Inequality Fueling the Fire for Thailand’s Political Change
Long years of economic inequality under Thailand’s military government has fueled the people’s backfiring support for the opposition parties, making them win a landslide victory in the national election this year.
China Cuts Interest Rates in Effort To Boost Flagging Economic Growth
On Monday, U.S. Secretary of State Antony Blinken visited Beijing, where he met with Chinese Foreign Minister Qin Gang and then President Xi Jinping. Both sides characterized the discussions as productive, but on issues of significant economic concern to Beijing, no progress was announced.
Vietnam’s Economy Seen as Hopeful Despite Coronavirus Surge
Though normal commerce has screeched to a near halt in Da Nang, Vietnam, residents and observers have expressed confidence in the government's response.
China's Economic Growth Inextricable From the Rest of the World
Restoring China’s productive capacity in the coming weeks would require an unlikely revival of U.S. demand.
BOOK REVIEW: 'How China Escaped the Poverty Trap' by Yuen Yuen Ang
In 'How China Escaped the Poverty Trap,' Yuen Yuen Ang turns conventional thinking on its head, exploding myths as to how developing nations can catapult themselves out of poverty.