Time:07/05/2015 Hits:0
With the accumulation of capital, progress of technology and increase of labor costs, changes in comparative advantage have the potential to pull China out of the low e…
- Lessons learned in economic structural adjustment
The negative list, first unveiled in September 2013, is a ground-breaking document that lists the industrial sectors in which foreign investment is restricted or proh…
- Domestic cooling property market to stabilize in 2015
As an important component of China's macro economy, society and people's livelihoods, the real estate market is also facing a downward trend.
- Analyzing neoliberalism’s failure in Latin America
Ecuadorian President Rafael Correa's book Ecuador: From Banana Republic to the non-Republic is composed of his academic papers from 1993 to 2005. The book draws on the …
- Economics, sociology combine to seek sources of growth
When long-term sources of economic growth are considered, the total factor productivity (TFP) element of the economics of growth is worthy of particular attention.
- New regulatory economics to back monopoly regulation
China Mobile, a state-owned telecommunications giant, suffered a public backlash for monopolizing mobile phone rates.
The theory of new regulatory economics founded…
- Studies question effects of minimum wage on employment
Economists' empirical investigation revealed that increases in minimum wages successfully increased the incomes of low-wage workers but had no effect on employment.
- Graying population challenging the BRICS
Population aging is already posing enormous challenges to the whole world and will only continue to do so throughout the 21st century. According to the BRICS Joint Stat…
- 43rd Nobel Prize in Economics honors combination of theory and pract…
Students are in an Experimental Economics class
This year’s Nobel Prize in Economics went to Lloyd Shapley and Alvin Roth, the former of whom is…