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Purpose: This study aims to investigate the factors affecting urban economic development in emerging economic market countries and to provide a new research perspective on urban skyscraper construction. Design/methodology/approach: An empirical analysis based on a difference-in-differences (DID) model is conducted using data of urban data in China that expand into developed markets from 2003 to 2018. Findings: The results of the spatial heterogeneity test indicate that the construction of skyscrapers has a significant promotional effect on the eastern city's economy. In contrast, it has a significant inhibitory effect in the central and western regions. Further findings demonstrate that the construction of skyscrapers can influence urban economic development by promoting industrial agglomeration, especially when the transmission effect of the diversified accumulation of tertiary industry is more prominent. The expansion analysis shows that skyscrapers have increased the level of trade in the city, and the impact on trade has an optimal height. Research limitations/implications: This paper focuses on the economic and trade effects of skyscrapers, and the optimal height of skyscrapers needs to be discussed in more depth, which is also the next problem the researchers need to study. Practical implications: The government should attach importance to and promote the construction of urban skyscrapers, and do a good job in overall planning and design. The city should formulate preferential policies in land, taxation, finance, system and other aspects to increase support for urban skyscraper construction and promote local economic development. Originality/value: This study focuses on the impact of urban skyscraper construction on the economic and trade development of cities in developing countries, which not only complements the relevant research on the economic effects of urban skyscraper construction, but also helps to provide reference for the sustainable development of urbanization in many developing countries. [ABSTRACT FROM AUTHOR]

The Government of Zimbabwe is aiming to revitalize the manufacturing sector as part of its economic transformation efforts. The sector's contribution to GDP has declined over the years, and the government recognizes the need for structural transformation to improve living standards. The manufacturing sector faces challenges such as low export competitiveness, reliance on primary products, and dependence on imported raw materials. To address these issues, the government has developed the Zimbabwe Industrial Reconstruction and Growth Plan, which sets ambitious targets for manufacturing growth, investment, and employment. The plan focuses on upscaling raw material processing, fostering innovation, embracing new technologies, and strengthening linkages with small and medium enterprises. Key focus areas include lithium value addition, solar energy, recycled waste, and agro-processing. Successful implementation of the plan could create jobs, increase exports, and boost domestic production. However, infrastructure deficiencies, financing constraints, and skills shortages need to be addressed for the plan to succeed. The government aims to diversify the product range and increase participation in regional and global value chains to improve trade and the quality of life for citizens. Challenges such as energy and water shortages, pricing competitiveness, financing, and policy alignment need to be overcome to achieve the industrialization objectives. [Extracted from the article]

The article discusses the British Construction Industry Council's release of a document outlining the collective policy priorities in the run-up to the upcoming general election, emphasizing the construction sector's significant influence on national policy and economic growth.

A research study conducted by the University of New South Wales in Sydney, Australia, explores the impact of digital inclusive finance on high-quality economic development in China. The study highlights the role of digital inclusive finance in addressing the shortcomings of traditional financial services, enhancing efficiency, promoting consumption, and driving economic growth. Using panel data from 2011 to 2020 across 30 provinces, the study validates the positive impact of digital inclusive finance on high-quality economic development. The research concludes with policy recommendations for optimizing the role of digital finance in promoting regional economic growth. [Extracted from the article]

A recent study conducted by researchers at Southwestern University of Finance and Economics in Chengdu, China, explores the correlation between regional economic development and residents' quality of life. The study highlights the significant disparities in economic levels and standards of living among different regions and countries, emphasizing the impact of economic stability and growth on people's well-being. By analyzing variables such as GDP, employment rates, average property prices, and per capita car ownership, the researchers demonstrate the tangible influence of economic gaps on living standards. The findings underscore the reciprocal relationship between the economy and people's lives, emphasizing the importance of understanding this connection for enhancing quality of life. [Extracted from the article]

This article explores different perspectives on development and challenges the idea that development is an objective feature of societies. It argues that development is a social fact that is not always clearly discernible and discusses the implications for economic sociology. The article highlights the limitations of purely objectivist and constructivist interpretations of development and suggests treating development as a social fact external to individuals. It concludes by proposing a broader theoretical and research agenda that focuses on contrarians and their strategies in the development process. The text also discusses the subjective nature of development and how it is socially constructed, using the example of the World Trade Organization's special and differential treatment provisions for developing countries. It argues that understanding and exploiting existing notions of development can lead to institutional change and calls for an economic sociology that recognizes the social construction of development. The conclusion emphasizes that development is a social fact grounded in material reality but subject to imprecise measurement and assessment. It suggests that actors worldwide not only pursue development but also debate its meaning and measurement. The text highlights the importance of understanding actors who challenge prevailing valuations and assessments in order to gain a more productive theory of the development process and calls for a renewed focus on these actors and their impact on organizational and institutional change. [Extracted from the article]

This article explores the issue of increased concentration of economic power and the limitations of antitrust law in addressing this problem. Using the Brazilian case as an example, it examines the history and development of antitrust policy in Brazil, focusing on the changes in the composition and approach of the Brazilian antitrust authority, CADE. The article highlights the shift towards a more economic-focused approach to competition policy, emphasizing efficiency and reducing state intervention. It also discusses the limitations of the Brazilian state in controlling economic power and the paradox of its antitrust policy. The article concludes by mentioning potential destabilization factors, such as shifts in the competition expertise community and the involvement of external groups questioning the limits of current competition expertise. [Extracted from the article]

This article provides an overview of the evolution of capitalism in Chile, focusing on the emergence of an economic elite that controls key sectors of the economy. It discusses the influence of economists and technocrats in promoting an anti-statist and pro-free market perspective. The article acknowledges criticisms of the economic elites and the unequal access to opportunities and benefits. It analyzes the effects of the Chilean model on economic growth, poverty reduction, and inequality, and highlights the challenges of reconciling capitalism with democracy. The concentration of ownership and management of private companies, particularly during the dictatorship of Salvador Allende, is also discussed. The article mentions the regressive tax system, the market orientation's impact on social outcomes, and the issues of economic concentration and lack of competition in the Chilean market. It concludes by mentioning the impact of neoliberalism on the development model in Chile and the challenges it poses for the future. [Extracted from the article]

The article titled "Back to development in the XXI century" by Mariana Heredia explores the concept of development and its historical evolution. The author discusses how the term "development" is often used as a substitute for progress, particularly in non-Western nations. The article highlights the shift in the usage of the term after World War II and the influence of modernization theory in defining development. It also examines the role of institutions like ECLAC in addressing social and economic problems in the periphery. The article concludes by discussing the current state of development as an empty signifier and its use in justifying interventions by international organizations. This document discusses the concept of development and its contested nature. It explores the perspectives of economic sociologists on development, highlighting the contributions they can make to understanding and transforming societies. The document includes case studies from Chile, Brazil, Argentina, and global finance to illustrate different aspects of development and its challenges. It also emphasizes the importance of a less hypocritical relationship between countries, a better balance between capitalism and democracy, and a more nuanced understanding of the uses of knowledge in the pursuit of development. [Extracted from the article]

Professor Baah Boateng, an economist at the University of Ghana, has expressed support for Alan Kyerematen's economic transformation plan. The plan, outlined in Kyerematen's Great Transformational Plan, focuses on agriculture, industrialization, and tourism as key sectors for growth. Professor Boateng believes that Kyerematen's strategy aligns with his own recommendations for transforming the country's economy. The plan aims to increase productivity in agriculture, create a diverse manufacturing sector, and leverage Ghana's cultural heritage and natural beauty to attract tourists. This comprehensive approach has the potential to drive significant economic advancements and create a more prosperous nation. [Extracted from the article]

A study conducted by Southeast University in China examines the relationship between economic development, tourism, renewable energy, and life expectancy in the Nordic countries (Denmark, Norway, Sweden, Finland, and Iceland). The research finds that sustainable economic growth, investment in human capital, and the use of renewable energy sources are positively associated with increased life expectancies in the Nordic region. Prudent management of natural resources and a thriving tourism industry also contribute to longer lifespans. However, the study also highlights an adverse correlation between carbon emissions and life expectancy. The findings emphasize the importance of a comprehensive approach that considers economic development, sustainable development, and public health in pursuing longer and healthier lives. [Extracted from the article]

Interactive visitor information kiosks in Salmon Arm, British Columbia have been turned off after an interactive screen at Marine Park was displaying content not selected by the Salmon Arm Economic Development Society, the organization overseeing the kiosk operations. At one... [ABSTRACT FROM AUTHOR]

This article explores the potential benefits and challenges of using artificial intelligence (AI) in economic development. It identifies five areas where AI can be advantageous, such as improving value chains and public services. However, it also acknowledges three key challenges, including the need for reliable data and public trust. The article provides strategies for governments to enhance their AI capabilities, such as ensuring data access and fostering partnerships. It also emphasizes the importance of attracting diverse talent and establishing centers of excellence. [Extracted from the article]

The Downtown Cary Park, which has been open for six months, offers a range of amenities including a dog park, shops, a bar, a pavilion, and a playground. However, what may go unnoticed is the advanced technology that keeps the park clean, safe, and comfortable. The park uses a central hub to collect data from various devices, such as temperature sensors and information kiosks, to manage the park experience and inform efficiency measures. The park also serves as a testbed for future technological advancements that may benefit other parts of the town. Despite the automation, the park is still managed by a dedicated team. Overall, the Downtown Cary Park is a cutting-edge example of how data can enhance a park and contribute to urban and economic development. [Extracted from the article]

OPEC+ has extended its oil supply cutbacks until the end of June in order to prevent a global surplus and stabilize prices. The cuts, totaling around 2 million barrels a day, were expected due to a seasonal decrease in fuel consumption and increased production from OPEC+'s competitors, particularly US shale drillers. The extension is also influenced by an uncertain economic outlook in China. While international oil prices have remained near $80 a barrel, which benefits consumers, they may be too low for many OPEC+ countries. Saudi Arabia and Russia, the largest partners in the alliance, require higher prices to fund their economic and military endeavors. The output curbs will be gradually lifted after the second quarter, and Russia will focus more on reducing crude production rather than exports. However, some countries in the group have not fully complied with their commitments. The decision to extend the cuts for the second quarter was expected, but OPEC+ may face a more challenging decision at its next meeting in June. The International Energy Agency predicts that OPEC+ will need to continue the cuts throughout the year due to slower global oil demand growth and increased supply from the Americas. Some experts believe that demand will strengthen, allowing OPEC+ to relax the cuts and increase output later in the year. However, it remains uncertain if all members will agree to this policy, as some countries, like the United Arab Emirates, are eager to utilize their new production capacity. [Extracted from the article]

OPEC+ has extended its oil supply cuts until the middle of the year in order to prevent a global surplus and stabilize prices. The cuts, totaling around 2 million barrels a day, will remain in place until the end of June. This extension was widely expected due to a seasonal decrease in fuel consumption and increased production from OPEC+'s competitors, particularly US shale drillers. The decision to extend the cuts for the second quarter was anticipated, but OPEC+ may face a more difficult choice at its next meeting in June when setting policy for the second half of the year. [Extracted from the article]

A recent report from Hunan University explores the relationship between aging, economic development, and healthcare expenditure in Japan. Contrary to previous literature, the study finds no significant correlation between population aging and healthcare expenditure as a percentage of GDP. The analysis suggests that factors such as advancements in medical technology, healthcare system efficiency, and cultural variations in healthcare utilization patterns may have mitigated the expected rise in healthcare expenditure associated with an aging population. The research offers insights for policymakers and investors, emphasizing the importance of considering a broader range of factors beyond population aging when projecting future healthcare expenditures and developing strategies for managing healthcare costs. [Extracted from the article]

Byline: Siddharth Singh The Finance Minister underscores the economics behind the Modi government's faith in itself as it pursues welfare measures and infrastructure development with only a nominal increase in [...]