Provides a sketch of Bangladesh’s socio-economic performance in the light of the UN’s Millennium Development Goals. After providing some background on these goals and on Bangladesh, this article considers trends in the incidence of poverty and hunger in Bangladesh, access to education and...

Human resources are central to economic development and can be increased in value and productivity by investment in human beings e.g. in their education and health. But for a considerable period in the past economists stressed the importance of the accumulation of man-made physical capital for...

This paper considers China’s global economic situation in relation to the general process of globalisation. After discussing the general process of economic globalisation, it examines political change and transition of the former communist planned economies, especially China’s, and their...

We investigate the dynamics of nonrenewable resource abundance on economic growth and welfare in a two-country world. One country is endowed with a nonrenewable-resource, otherwise, countries are identical, except possibly for their initial endowments of capital. Unlike previous studies...

Current projections indicate that by 2025, water scarcity will affect over one quarter of the world’s population. This suggests that the need to manage water more efficiently will become more pressing during the next few years as the demand for water increases along with the expansion of...

The Minnesota Regional Development Simulation Laboratory (SIMLAB) was used to simulate statewide economic effects of three iron mining industry options--revitalization of the Lower Great Lakes states steel industry, gradual liquidation of this industry, and the direct reduction of iron ore to...

Samoa is one of the five least developed Pacific island nations according to the classification of the United Nations. This article reviews the situation of Samoa in relation to its development generally but paying particular attention to: public and private finance; social issues such as...