Read all posts for ‘economic growth’

Population drift to the West is a common thing for the countries of Central and Eastern Europe as the opening of the labor market now offers people more job opportunities in the West. Different countries address this problem in their own ways. Western Europeans have developed a fear of new […]

What better ways can African countries benefit from migration on the continent? Migration is the act or process of moving from one region or country to another usually in search of better human living standards. Migration is chiefly caused by war, natural disasters or economics. Africa is a large continent […]

The notion of the resource curse suggests that countries with large caches of natural resources often perform worse in terms of economic growth, social development, and good governance than other countries with fewer resources. The theory posits that countries depending on oil or other extractive industries for their livelihood are […]

Traditionally considered a curse for a nation‘s development, commodity wealth in Latin America and the Caribbean (LAC) could – on the contrary – represent a foundation for prosperity, according to a new report released today by the World Bank.The increased demand for minerals and agricultural commodities from Asian markets, especially […]

Growth studies show, counter to intuition, that the discovery of a natural resource may be a curse rather than a blessing since resource-rich countries grow slower than others. But it has been suggested that Norway may be an important exception to the curse and that the curse does not afflict […]