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Privileged with large supplies of oil and natural gas, Trinidad and Tobago has long been a small country with a high income. As in many nations rich in a particular resource, however, there has been such an emphasis placed on…
In South Africa, trade development goes hand in hand with promoting technology and innovation. The involvement of public agencies like the Technology Innovation Agency (TIA) and the Industrial Development Corporation (IDC) speaks to an active desire to bring the economy…
“The mind is everything. What you think you become.” These are words familiar to many a Thai, words from the Buddha himself and equally applicable to Thailand’s drive to break free of the ‘middle income trap’. Thailand 4.0 is the…
Famed as a tropic idyll, the palms that shade the twin-island nation of Antigua and Barbuda mask its people’s fixed determination. From the office of the prime minister to the boards that line its quays, the islanders are actively engaged…
Indonesia, which on August 17th celebrated 72 years of independence, is recognised as one of the world’s major emerging markets. GDP per capita rose from $857 in 2000 to $3,603 in 2016, and the proportion of middle-class and affluent consumers…
Few countries, even in Africa, are so entangled in the complexities of their past as South Africa. A recent proposal from the Minister of Arts and Culture to change the country’s name to Azania is symbolic of just how early…
In being among the first of the Gulf states to discover oil and build a refinery, Bahrain established a precedent for shrewdness that it has continued to exhibit. The island’s oil production never climbed to the heights that its neighbors’…
In the heart of South America, Paraguay has long gone unnoticed, sandwiched as it is between the region’s two great economies and tourist destinations – Brazil and Argentina. Shadowed by imposing neighbours, it has not historically been a hub either…
Over-reliance on oil production has left the countries of the Arabian Peninsula vulnerable to declines in the price of oil. A swift decline last year led to stagnation in almost all Gulf economies. The notable exception: Oman. Since 1970, the year…
Mexicans are creative and entrepreneurial: some of the world’s best-known technologies have their roots in Mexico. Guillermo González Camarena patented the world’s first color television, while Luis Miramontes co-invented the progestin used in the first contraceptive pills, and Mexican writer…
