Latest in: Economic Growth

American professor Richard H. Thaler, who has incorporated psychologically realistic assumptions into analyses of economic decision-making, has won the 2017 Nobel Prize in Economics for his work – hailed as making economics more human. “By exploring...

Into its third longest expansion since 1850, the United States’ economy looks robust but it must also take steps to overcome new challenges for its sustained growth, a new report said Thursday. The U.S. economy has...

Notwithstanding fast-paced emergence of China and other major economies over the past decade, people in countries around the world continue to view the United States as the top global economic power. According to Pew Research Center,...

Karachi, Pakistan’s financial hub, Photo by Rahib ALi via Wikimedia Commons After knocking the frontier doors for nine years, Pakistan has entered the grouping of world’s next promising economies with the Index provider MSCI’s inclusion of...

A view of Gwadar Fish Harbor Photo Umair Adeeb/Wikimedia Commons Seeing a win-win equation for the international community from China’s ‘One Belt, One Road’ initiative and the Sustainable Development Goals, United Nations Secretary-General Antonio Guterres has said both...

Continuing an unprecedented streak of economic recovery, the United States added 211,000 jobs to the market in April, leading to a 10-year low unemployment rate at 4.4 percent. The robust job creation contrasts with March’s 79,000....

The April 2017 Global Financial Stability Report (GFSR) has found continued improvement in world financial stability since October last year. “Economic activity has gained momentum and longer-term interest rates have risen, helping to boost the earnings...

Pakistan will maintain its economic growth at over 5 percent as the country sees massive investments in infrastructure projects, the International Monetary Fund predicted. In its World Economic Outlook for 2017, the Fund said Pakistan is...