Why Nations Fail News Today

In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the policies adopted to tackle macroeconomic turmoil in Latin America, the term quickly morphed into a canonical

The authors of Why Nations Fail, Daron Acemoglu and James A. Robinson, make clear that a nations prosperity is not dependent on aid from abroad in their book. The authors contend that no amount of donations, aid or other financial support can maintain a nation, much less reform it. Of course, there

In the past two decades, Zimbabwe has changed its currency six times. Each time the currency was rebased or changed, the worst affected people were pensioners.

David Ricardo, one of the founders of modern economics in the early 1800s, understood that machines are not necessarily good or bad. His insight that whether they destroy or create jobs all depends on how we deploy them, and on who makes those choices, could not be more relevant today. Artificial intelligence and the threat that it poses to good jobs

Kuria’s proposal to convert all public servants to contract workers is not secured in the science of reform.

The Turkish-American researcher dismantles clichés. He argues that capitalism is based on the mistaken idea that human beings need to consume, when what they really need is to participate

On April 16, 2024, the Freedom and Prosperity Center of the Atlantic Council, dedicated to advancing 'US leadership' and emphasizing the 'central role of the Atlantic community', released a country report titled 'Freedom and Prosperity in Bangladesh' in Dhaka.

President Cyril Ramaphosa’s 2024 state of the nation address has, as expected, drawn mixed reactions.

Many factors affect productivity growth, not just the rate at which countries businesses patent new products and processes. Read more here.

Bangladesh is perhaps the most suitable example of realising developmental aspirations through inclusive policies