Macroeconomics & Growth

Five reasons growth didn’t translate to well-being in Malaysia

In recent decades, Malaysia achieved rapid inclusive growth, yet focus group discussions with Malaysian citizens across the country have reported stagnating living standards and rising dissatisfaction. This disconnect reflects pressures not captured ...

M Niaz Asadullah Monica Biradavolu Vijayendra Rao Kenneth Simler

Published

11.03.26

Special Economic Zones: Why they succeed in some countries – and fail in others

Special Economic Zones can raise formal employment and wages in the right conditions, but without strong complementary policies such as education, infrastructure and trade openness, they are unlikely to deliver sustained economic growth.

Macroeconomics & Growth

Tevin Tafese Alexander Rothenberg

Published

16.02.26

Industrial Development: Service-Led Growth

Macroeconomics & Growth

Marco Sanfilippo Matthew Schwartzman Verena Wiedemann

11.02.26

Industrial Development: Present and Future of Industrialisation

Macroeconomics & Growth

Tristan Reed Rodimiro Rodrigo Gustavo de Souza Markus Poschke

11.02.26

Industrial Development: Export-Led Growth & Industrial Policy

Macroeconomics & Growth

Jaedo Choi Michael Sposi

11.02.26

Industrial Development: Structural Transformation

Macroeconomics & Growth

Bruno Caprettini Luis Felipe Sáenz

11.02.26

How China became the world’s factory: Trade, industrial policy, and growth

China’s rise was powered by an export-led growth model reinforced by trade liberalisation, place-based and industrial policies, massive infrastructure investment, and a governance system that strongly incentivised local growth.

Macroeconomics & Growth

Francesco Amodio Hanwei Huang Yu-Hsiang Lei Markus Poschke

Published

18.02.26

How export promotion and technology transfer powered South Korea’s industrialisation

South Korea’s industrial transformation was driven by the mutually reinforcing promotion of technology adoption and exports – most notably through the Heavy and Chemical Industry Drive – which generated lasting gains in manufacturing and exports but ...

Macroeconomics & Growth

Francesco Amodio Jaedo Choi Markus Poschke Michael Sposi

Published

19.02.26

Vietnam’s economy: The remarkable story of the last 50 years

Vietnam’s economic transformation is one of the most dramatic in recent history. Economist and Advisor Pham Chi Lan saw it all and tells us how it happened.

Macroeconomics & Growth

Phạm Chi Lan Kartik Akileswaran Oliver Hanney

Published

27.01.26

Subscribe to Macroeconomics & Growth