Space-based systems now support more than half of critical infrastructure across OECD countries, from transport to food supply. With civil space budgets at USD 46.4 billion, space is no longer niche; it is the economic backbone.
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Robert Hall and Michael Woodford won the 2026 Economics Nobel for building models that start with household and firm decisions, giving central banks and governments a firmer base for timing interest-rate and spending moves.
Developing economies’ current state makes a blueprint for economic growth based on exports, education, and job generation outdated and irrelevant, according to Gordon Hanson, Dani Rodrik, and Rohan Sandhu.
Developing Asia and the Pacific is expected to remain resilient despite a slowdown in economic growth, with the Asian Development Bank forecasting 5% growth in 2026 and 5.1% in 2027. Strong investment, government stimulus, and technology exports linked to the global AI investment cycle are helping support economic activity across the region.
IMF capacity development is strengthening the foundations of economic stability by helping countries improve tax collection, manage public finances and debt, strengthen financial systems, and build institutions capable of delivering stronger growth and resilience.
Global debt was already heading for World War II–era levels by 2028 before the Middle East war began. Now interest payments have risen from about 2 to nearly 3 percent of GDP in three years, squeezing schools and infrastructure.
The economist analyzes South Korea’s economic miracle and concludes that in order to develop, the country needed time, protection, and specific policies to promote its industries and export opportunities.
Robert Hall and Michael Woodford won the 2026 Economics Nobel for building models that start with household and firm decisions, giving central banks and governments a firmer base for timing interest-rate and spending moves.
Developing economies’ current state makes a blueprint for economic growth based on exports, education, and job generation outdated and irrelevant, according to Gordon Hanson, Dani Rodrik, and Rohan Sandhu.
Developing Asia and the Pacific is expected to remain resilient despite a slowdown in economic growth, with the Asian Development Bank forecasting 5% growth in 2026 and 5.1% in 2027. Strong investment, government stimulus, and technology exports linked to the global AI investment cycle are helping support economic activity across the region.
IMF capacity development is strengthening the foundations of economic stability by helping countries improve tax collection, manage public finances and debt, strengthen financial systems, and build institutions capable of delivering stronger growth and resilience.
Global debt was already heading for World War II–era levels by 2028 before the Middle East war began. Now interest payments have risen from about 2 to nearly 3 percent of GDP in three years, squeezing schools and infrastructure.
The economist analyzes South Korea’s economic miracle and concludes that in order to develop, the country needed time, protection, and specific policies to promote its industries and export opportunities.
