Global effects from corona restrictions

Although there have been some differences in how national governments across the world have chosen to respond to the corona pandemic, the general trend among large countries has been to restrict the transmission of the disease by prohibiting markets to exist and paying people to stay home from work through a variety of economic programs. […]

How developing countries progress

There is an ongoing debate in the economic literature about whether developing countries are catching up with the western world economically or not. The answer is that it depends on what region of the world we are observing, and there are several hypotheses as to why some developing countries do progress well economically while others […]