‘East Data, West Computing,’ China’s national computing network strategy synergizing East and West, matches energy advantages ...
Discover how absolute and comparative advantage influence global trade, highlighting real-world examples and implications for economic decision making.
David Ricardo, a Scottish economist, made a perceptive observation that a few individuals, firms, or countries can gain from trading, even if one of them is objectively the best in all activities.
Forbes contributors publish independent expert analyses and insights. Sarah Williamson covers capital markets and long-term strategies. In a competitive marketplace, businesses need to know their ...
The President of the Port Management Association of West and Central Africa (PMAWCA), Dr Abubakar Dantsoho, has said that there is an urgent need for African countries to translate their marine ...
Industrial policies have been on the rise with subsidies provided to firms accounting for the lion’s share of interventions. The effects of these measures on productivity, trade, investment and other ...
A comparative advantage can be something inherent, in the way a person’s height might make them better at basketball. It can also be developed and improved, the way one basketball player can become ...
As U.S. President Donald Trump reshapes America’s foreign policy with an “America First” agenda, Nigeria is positioning itself to navigate the evolving international order. Ademola Oshodi, Senior ...