Thursday, October 14, 2021

The Science of Economic Growth

Another latest article in the IMF Blog on how basic research, or the composition of R&D,  is important in for long run growth. The prove is in the search for Covid-19 vaccines. The research rely on past study as far back as 20 years ago. 

Proxy for innovation - patents.

Image credit - IMF Blog

-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

The Ringgit Rebound

As of 23 September 2024, the ringgit ringgit has risen more than 12% against the dollar this quarter, making it the best performing emerging...

  • Budget 2019 Discussion
    How are you going to contribute to the nations in terms of closing the wealth inequality gap?
  • Malaysia and Economic Recovery
    In Tinta Minda, BERNAMA. Malay article. Excerpt: "Laporan prestasi ekonomi negara pada suku ketiga pada 2020 yang diumumkan Bank Negara...
  • Great Recession vs. Great Depression
    Please read the article by Paul Krugman in the New York Times at the link given below and give your comments as what Malaysia had experience...