Gini Coefficient: Slicing the Economic Pie
Introduction Economists have many different ways of measuring the economy and making conclusions about how it is doing. Some measurements analyze the total amount of
Development Economics
Microloans: Kickstarting Entrepreneurship
Background The development of modern communication and transportation technologies has fueled a major shift toward global interconnectedness over the past few decades. The Internet has
The IMF: Protector of the World Financial Order?
Introduction Did you know that the combined national debt of every country in the world hovers at approximately sixty-nine trillion dollars? This is a testament
Human Development Index: Quantifying Quality of Life
How Do You Quantify “Quality of Life”? How are you doing, really? Beyond the knee-jerk reaction of “I’m fine, thanks,” if you pause and give
World Bank: The Purse Strings of Global Development
Introduction Currently, about 10 percent of the global population lives in extreme poverty. This is approximately 700 million people living on less than $1.90 per
