Development economics 3 min read
Economic Conditions
Economic conditions refer to the present state of the economy in a country or region. The conditions change over time…
THE ARTICLE LIBRARY
All stories.
Ideas and explainers from across SenseCentral.
Development economics 3 min read
Economic growth
Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period…
Development economics 2 min read
What is ‘Foreign Investment’
Foreign investment involves capital flows from one country to another, granting extensive ownership stakes in domestic companies and assets. Foreign…
Development economics 3 min read
Balance Of Trade – BOT
The balance of trade is the difference between the value of a country’s imports and exports for a given period.…
Development economics 6 min read
What Is the Difference Between Mercantilism and Imperialism?
Whereas mercantilism is an economic system in which a country’s government manipulates the economy to create a favorable trade balance,…
Development economics 4 min read
What is ‘Mercantilism’
Mercantilism was the main economic system of trade utilized from the 16th to 18th century. Mercantilist theorists believed that the…
Development economics 2 min read
What is ‘Development Economics’?
Development economics is a branch of economics that focuses on improving fiscal, economic and social conditions in developing countries. Development…
Advanced Concepts 7 min read
Measuring the welfare effects of AI and automation
Growing adoption of the new generation of technologies such as smart automation and artificial intelligence (AI) has prompted contrasting views…
Advanced Concepts 5 min read
Beyond Unemployment
In modern economies, people may have jobs, but they still harbor major concerns in a wide range of areas, including…
Advanced Concepts 6 min read
Why Did the US Labor Share of Income Fall So Quickly?
The share of US national income going to labor was sagging through the second half of the century, but then…
