The shadow economy refers to all economic activities that are hidden from the government--both legal activities in which people get paid in cash but do not pay taxes, and illegal activities (such as smuggling, illicit trade). Shadow economy operates because of a number of reasons. First, complicat

Foreign Direct Investment (FDI) is a sizeable investment made by an enterprise of one country into a firm in another country. Further, it enables the "giving" countries to access new markets and gain resources in the recipient countries. FDI accelerates economic growth in several ways. First, by i

Development is a multidimensional process transforming countries from low-income to high-income, sustainable economies. It includes economic growth (measured in terms of GDP), as well as improvements in living standards, human capabilities, health and nutrition, education, and institutional quality

Declining fertility result in higher proportion of working-age population. The large proportion of younger population (15-29 years) indicate that more people are available for work who could contribute to economic growth, thereby creating an opportunity to realize a demographic dividend. The decli

Dubbed as a “bottomless basket” and a “test case for development”, Bangladesh has come a long way in its journey towards economic growth. Since independence in 1971, Bangladesh’s gross domestic product (GDP) has increased by about 77 times from less than US$ 6 billion

Because of a major shift in dietary patterns and lifestyle changes due to urbanisation and rising incomes, low- and middle-income countries are experiencing a rapid nutrition transition, leading to 'double burden of malnutrition', with under nutrition co-existing with obesity. The poorest populatio

The World Mental Health Day, observed annually on October 10, is a reminder of the importance of good mental health and the need to prioritise and invest in good mental health. Worldwide, over one billion people, i.e. around one in eight persons, live with a mental health disorder. Anxiety and dep

Jobs provide livelihood, and thus, are a source of income that is crucial for economic growth. By providing access to broadband and a digital device, technology has shifted traditional work patterns. It has created new ways in which work is carried out and enabled more people to join the labour for