The category of newly industrialized country (NIC), newly industrialized economy (NIE) or middle income country is a socioeconomic classification applied to several countries around the world by political scientists and economists. They represent a subset of developing countries whose economic growth is much higher than that of other developing countries; and where the social consequences of industrialization, such as urbanization, are reorganizing society.
Economic data are data describing an actual economy, past or present. These are typically found in time-series form, that is, covering more than one time period or in cross-sectional data in one time period. Data may also be collected from surveys of for example individuals and firms or aggregated to sectors and industries of a single economy or for the international economy. A collection of such data in table form comprises a data set.
Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for GDP, inflation, unemployment or the fiscal deficit—or at a more disaggregated level, for specific sectors of the economy or even specific firms. Economic forecasting is a measure to find out the future prosperity of a pattern of investment and is the key activity in economic analysis. Many institutions engage in economic forecasting: national governments, banks and central banks, consultants and private sector entities such as think-tanks, companies and international organizations such as the International Monetary Fund, World Bank and the OECD. A broad range of forecasts are collected and compiled by "Consensus Economics". Some forecasts are produced annually, but many are updated more frequently.
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and transaction.
Articles in economics journals are usually classified according to JEL classification codes, which derive from the Journal of Economic Literature. The JEL is published quarterly by the American Economic Association (AEA) and contains survey articles and information on recently published books and dissertations. The AEA maintains EconLit, a searchable data base of citations for articles, books, reviews, dissertations, and working papers classified by JEL codes for the years from 1969. A recent addition to EconLit is indexing of economics journal articles from 1886 to 1968 parallel to the print series Index of Economic Articles.
Javier Santiso is the CEO and General Partner of Mundi Ventures www.mundiventures.com, an international 500M VC fund, based in Madrid and with offices in Paris also. He is also the founder of the art and publishing house www.lacamasol.com
Mahmoud Mohieldin, is an economist with more than 30 years of experience in international finance and development. He is the UN Climate Change High-Level Champion for Egypt. He is an Executive Director at the International Monetary Fund. He has been the United Nations Special Envoy on Financing the 2030 Sustainable Development Agenda since February 2020. He was the Minister of Investment of Egypt from 2004-2010, and most recently, served as the World Bank Group Senior Vice President for the 2030 Development Agenda, United Nations Relations and Partnerships. His roles at the World Bank also included Managing Director, responsible for Human Development, Sustainable Development, Poverty Reduction and Economic Management, Finance and Private Sector Development, and the World Bank Institute; World Bank President's Special Envoy on the Millennium Development Goals (MDGs), the Post-2015 Development Agenda, and Financing for Development; and Corporate Secretary and Executive Secretary to the Development Committee of the World Bank Group's Board of Governors. Dr Mohieldin also served on several Boards of Directors in the Central Bank of Egypt and the corporate sector. He was a member of the Commission on Growth and Development and was selected for the Young Global Leader of the World Economic Forum in 2005. His professional experience extends into the academic arena as a Professor of Economics and Finance at the Faculty of Economics and Political Science, Cairo University and as a Visiting Professor at several renowned Universities in Egypt, Korea, the UAE, the UK and the USA. He is a member of the International Advisory Board of Durham University Business School. He also holds leading positions in national, regional and international research centres and associations. He has authored numerous publications and articles in leading journals in the fields of economics, finance and development.
Ben Fine is Professor of Economics at the University of London's School of Oriental and African Studies.
The Centre of Full Employment and Equity or CofFEE is an official research centre of the University of Newcastle, New South Wales, Australia, and has operated since 1998. CofFEE's membership is drawn from the disciplines of economics, politics, sociology and geography.
Louka Katseli is a Greek economist and politician. Today, she is Professor Emeritus of the National and Kapodistrian University of Athens, Chair of the National Bank of Greece in Cyprus, CEO of Rightholders Cooperative EDEM, Vice President of the African Capacity Building Foundation (ACBF), member of the Independent Commission for Sustainable Equality, Progressive Alliance of Socialists and Democrats - S&D, and business consultant for enterprises and organizations in Greece and Europe.
The Barcelona Development Agenda is a statement of development principles formulated as a response to the prevailing Washington Consensus development model. Resulting from the collaboration of economists from both developing and developed countries at the 2004 Universal Forum of Cultures in Barcelona, Spain, the Barcelona Development Agenda outlines seven lessons learned from previous policy failures and successes, and presents them as priorities for future economic reforms. The principles emphasize a balance of market and government economic roles, flexible economic tools, and an increased role for sustainability and equity in governance.
The Federal Planning Bureau (FPB) is a Belgian independent public agency. It makes studies and projections on economic, social and environmental policy issues and on their integration within the context of sustainable development. The last Plan Commissioner was Philippe Donnay, assisted by Deputy Commissioner Saskia Weemaes.
The OECD Development Centre was established in 1961 as an independent platform for knowledge sharing and policy dialogue between Organisation for Economic Co-operation and Development (OECD) member countries and developing economies, allowing these countries to interact on an equal footing.
The Organisation for Economic Co-operation and Development is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members.
Consensus Economics is a global macroeconomic survey firm that polls more than 700 economists monthly for their forecasts for over 2000 macroeconomic indicators in 115 countries. The company is headquartered in London, United Kingdom.
OECD Main Economic Indicators, often simply called Main Economic Indicators and abbreviated MEI, is a monthly publication by the Organisation for Economic Co-operation and Development (OECD) of economic indicators worldwide. According to the official website, it "presents comparative statistics that provide an overview of recent international economic developments." The publication is available online at the OECD iLibrary.
South Korea's pension scheme was introduced relatively recently, compared to other democratic nations. Half of the country's population aged 65 and over lives in relative poverty, or nearly four times the 13% average for member countries of the Organisation for Economic Co-operation and Development (OECD). This makes old age poverty an urgent social problem. Public social spending by general government is half the OECD average, and is the lowest as a percentage of GDP among OECD member countries.
Water-related industry in Africa provides jobs and employment opportunities in many sectors, for example agriculture, fisheries, manufacturing and industry.
Abena Frempongmaa Daagye Oduro is the Vice Dean of the Faculty of Social Science at the University of Ghana where she also holds the position of Associate Professor of the Department of Economics. Having had 30 years of experience teaching, her areas of specialization are centred around gender and asset management, international economics, poverty analysis, macroeconomic theory and trade policy. Abena Oduro is the first Vice President of the Association for the Advancement of African Women Economists (AAAWE) where Professor of Economics in University of Kansas, Elizabeth Asiedu, is the founder and president. She is also the president elect of the International Association for Feminist Economics (IAFFE), her tenure will be 2021 to 2022.
