In 1985 a new college graduate named Michael Kremer traveled to Kenya hoping to learn more about a topic he had studied at Harvard: economic development in low-income countries. He didn’t anticipate ...

Why are some countries rich and others poor? The question, full of childlike curiosity, is the most important in economics. A person’s living standards are mostly determined not by talent or hard work ...

Often overlooked by trendspotters chasing the big business angle of the moment, special economic zones (SEZs) have long been cornerstones of international trade. Also known as free trade zones (FTZs) ...

Daron Acemoglu, Simon Johnson and James Robinson have been awarded the 2024 Nobel memorial prize in economics for their influential work on how institutions shape economic development. Some would say ...

The World Bank, in collaboration with George Washington University (GWU) and the University of Virginia (UVA), hosted the 1st World Bank-GWU-UVA Conference on “The Economics of Sustainable Development ...

Education is the foundation of any functioning society: It prepares people to live cohesively in a community, participate politically, and contribute economically. Investing in education has ...

Ameyavikram Pathak is Chief Executive Officer of investment management firm AVP Holdings and member of the Finance Committee of the Princeton Foundation for Peace and Learning. Armen Baibourtian is ...

Special economic zones (SEZs) are autonomous zones designed to facilitate free-trade operations. SEZs can be broken down into the following types of zones: free-trade zones, which are duty-free areas ...