“An Inquiry into the Nature and Causes of the Wealth of Nations,” written by Adam Smith, explores the foundational ideas of economics and offers insightful analysis that has influenced how we currently think about wealth accumulation and economic systems. The most significant takeaways from this significant piece can be summed up as follows
Tag: economic growth
Vigilance Needed: Emerging East Asia at Risk from Higher Interest Rates, says ADB
Governments and central banks in emerging East Asia must remain vigilant against potential financial risks associated with higher interest rates, warns a report by the Asian Development Bank (ADB).
China’s 5G and Supercomputing: Industrial Strategy
China’s supercomputing industry adeptly adapted to US embargoes in 2015 by pivoting to domestically produced components, but its 5G industry failed to do so when faced with similar US sanctions in May 2019.