A growing number of Malaysians, especially those in urban areas, feel that they have trouble making ends meet. Addressing the cost of living issue in the country will require the right combination…

Richard Record |

As Malaysia moves closer towards achieving high-income country status, it is important to be aware of the broader aspects of development that are not captured by GDP growth.  (Photo: Getty Images/…

Richard Record |

Photo: © Dini Sari Djalal/World Bank In the infrastructure domain, “price” is a prism with many façades.   An infrastructure economist sees price in graphic terms: the coordinates of a point where…

Melania Lotti |

Robert Allen’s recent AER paper on “Absolute Poverty: When Necessity Displaces Desire” is a fascinating read, on many levels. The paper uses linear programming (LP) to compute (four variants of)…

Francisco Ferreira |

Photo: bigstock/ f9photos Income growth is not the sole aim of economic development. An equally important, albeit harder to quantify objective is a sense of progress for the entire community, and …

Victoria Kwakwa |

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9…

Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, Naotaka Sugawara |

There are about 245 million migrants worldwide – around 3% of the world population. Roughly one-fifth are tertiary educated. Middle-income countries have a smaller proportion of immigrants than…

Sharmila Devadas |

Photo: anekoho / Shutterstock.com Islamic finance assets represent only around 1% of the global financial market, [1] so how can tapping into these funds help close the $452 billion annual…

Aijaz Ahmad, Sara Ahmed |

During the four months that I have been based in Moscow, one truism about Russia has stood out for me: There is a hunger to know what “truly” goes on in the world’s largest country (by area) and…

Apurva Sanghi |