Thursday, Oct 6, 2022
International Finance

Category : Economy

India’s Economic Recovery Depends On Meaningful Reforms

To achieve inclusive growth, India must shift toward modern services, such as internet connectivity technology, law, accountancy, and other professional business services along with financial reforms. As the slowdown in the world’s major industrial economies drags on, growth in developing Asia is being affected. A serious burden will likely be placed on the region’s major...

Reducing Income Inequality An Urgent Task

Nobel Prize-winning economist Arthur Lewis once argued that development is inevitably inegalitarian, because it does not occur in every part of an economy at the same time. The growing income inequality in [People’s Republic of] China will be in focus at the annual sessions of the National People’s Congress and the Chinese People’s Political Consultative...

The Challenge of A Graying China

The Leaders of China have indicated their intentions to focus on the quality, efficiency and sustainability of growth. This Signals their willingness to reform. The Chinese People’s Political Consultative Conference and the National People’s Congress are holding their annual sessions against the backdrop of a once-in-a-decade leadership transition. The new leaders face high expectations. Addressing...

South Asia Regaining Momentum but Facing Risks

South Asia Regaining Momentum but Facing Risks WASHINGTON, D.C. — South Asia is regaining its economic momentum, but the recovery in the world’s region with the largest number of poor people could falter in the absence of a stronger investment climate, said the latest South Asia Economic Focus report of the World Bank. According to the report, the combined...