Mr. Shukla is an Economist at the Board of Governors of the Federal Reserve System. He works in the Emerging Market Economies section of the Division of International Finance and conducts research on a range of topics in labor economics, development, and the economics of education.

Hong Kong has been at the center of international relations and geopolitics for the past two years, with the protests in 2019 particularly publicized.

The question of how nations grow is one that I have long contemplated. After watching Milton Friedman’s television special “Free to Choose” I was amazed by the stark differences that he pointed out about the different systems that countries use to try and grow their economies.

In a world that purports to value equality, female entrepreneurship remains abysmally low. In fact, a recent study found that less than 40% of businesses were female-owned

When COVID-19 started to spread around the United States, Americans began to understand the extremity of the pandemic that awaited, and the federal government implemented public health policies that would help prevent the ongoing spread of the virus.

With each passing day, there seems to be yet another sensational headline about Venezuela’s runaway inflation; indeed, a US dollar today will get you approximately 300,000 Venezuelan bolivar – stunningly, purchasing a single McDonald’s hamburger would cost a Venezuelan upwards of 1,000,000 bolivares.

Breathtaking beaches, rich food, and stunning holiday resorts are all things the Philippines is known for. Unfortunately, underneath this tropical facade, the Philippines faces an issue of great magnitude: crippling socioeconomic disparity.

The China-Pakistan Economic Corridor is a $62 billion dollar project established to simultaneously enhance the economies of Pakistan and China. The center of this project lies in the port city of Gwadar, Balochistan, a historically underutilized area that could be revitalized with such development, however, not without its drawbacks.

A: The need for economic rejuvenation

As we stand in the wake of the economic havoc caused by Covid-19, it becomes clear that the nations of the world must implement economic recovery plans. In the past year, every sector of and level of the economy has been affected; you’d be hard-pressed to find any business that has not, in some way, been impacted by the pandemic.