Over the last few decades, Vietnam has undoubtedly made its mark on the global economy as a development success story. It has rapidly transformed from one of the world’s poorest nations, into a lower middle-income country within the span of a single generation, largely through Đổi Mới economic reforms.
It has been widely recognised that the future of Australia’s economy lies with harnessing the population’s intellectual capital as the nation transitions away from an economy reliant on the once booming resources sector. Research and innovation has thus arisen as an important election battleground, whether indirectly through channels
There lies a vast degree of difference in the living standards and Human Development Index rankings between countries today. How can we explain this? Research has shown that statistically, it is not attributable to natural endowments but more so to the inherent quality of institutions . This can be measured