OPPORTUNITY COST is a concept in economics that means that there are alternative uses for any given amount of resources. A piece of land for instance, can be used for farming, to build houses or a hotel, or it may be used to build a road or ...
SO MUCH attention is paid to Government and its macroeconomic policies, interest rates, exchange rate, inflation, that very often critical reforms at the firm level hardly enter the discourse.Government is certainly responsible ...
A NUMBER OF recent issues have conspired to motivate this article.First, we begin a new year with the weight of the economy heavy on our minds. Government seems resolved to get the private sector active to restore the international credibility of the...