Development and Economic Growth

Singapore’s bike-sharing market has expanded dramatically in the past year. Huey Lee and Nicholas Lui explain the economics underlying the all-in strategy many firms have taken, how the firms can be profitable, and what the Government’s regulatory responses should be.

BY BILAL CHAUDHARY Stimulating domestic innovation is crucial for developing countries. Innovation, creativity, and out-of-the-box thinking can accelerate the pace of poor countries’ development, reducing their reliance on aid and enhancing their capacity to participate in a rapidly changing global economy. For development to succeed, innovation cannot be solely the domain of the rich and […]

Of the three various frames for studying the MENA region at present questions of securing economic development and reforming social welfare programs generally receive less attention than topics such as Islamism, security sector reform, or social mobilization. Most analysts…struggle to imagine the kind of economic improvement that could curb high levels of unemployment (especially among the educated) and generate much-needed revenue to finance state services such as education, health care, and basic infrastructure projects.

BY BEN YUNMO WANG A massive government effort to build thousands of commercial-themed towns across China is off to a rockier start than expected. Still largely overlooked in Western media, “Characteristic Small Towns” (CSTs) have become the championed model of urban development in China over the last two years, littered across ambitious initiatives by central […]

Extreme weather events made worse by climate change are wreaking havoc on cities worldwide. Al Lim evaluates Singapore’s climate resilience through the lens of the recent MRT flooding incidents, and explores how Singapore can strengthen social resilience as a community.

To secure Singapore’s economic future, look to Southeast Asia. In the past fifty years, Singapore has been the economic success story of the region. The tables are now starting to turn. ASEAN countries are now some of the fastest growing countries in the world, and Brendan Chia argues that Southeast Asia holds the key to Singapore’s own economic growth.

BY ABE BALDRY True, Monaco doesn’t have a nuclear program. But when the Paradise Papers were leaked in early November, the world learned that tax havens such as Monaco cause as much harm as rogue states. When tax havens help the rich to avoid paying their fair share, every pound that goes uncollected is a […]

Jia Hui Lin writes that rideshare drivers need better social protection. She presents her findings from 68 interviews with Singaporean Uber and Grab drivers, and argues that drivers need more flexible savings options.

Latin America’s economies are experiencing record growth. The continent’s middle class is expanding, and new jobs are flourishing in the global information economy. Yet, even as people are moving up from extreme poverty, 360 million citizens of Latin America and the Caribbean remain at what is known as the “bottom of the pyramid,” according to […]

Middle East Weekly, JMEPP’s news podcast, goes behind the headlines on the region, explaining and analyzing the most pressing issues of the week.

How can we pursue faster, more resilient growth when economies are weighed down by structural deficiencies across the board? Infrastructure investment.

BY HUBERT WU Many major shortcomings of economic policy making can be attributed to an over-reliance on “one-size-fits-all” policies that ignore differences in countries, industries, and individuals. Until the early 21st century, the accepted means to increase the wealth of developing countries centered on a set of largely standardized policy prescriptions. At the industry level, […]