Development Research News is a quarterly publication of the Philippine Institute for Development Studies (PIDS). It highlights the…

Global diversification of financial institutions, including the insurance sector, has proven beneficial to many economies by providing…

In the last few decades, there has been a global trend of liberalization of the domestic insurance sector. While the United Kingdom and…

Preliminary data from the Central Bureau of Statistics indicate that gross domestic product (GDP) is estimated to grow by 2.3% in fiscal…

On 11 March 2020, the World Health Organization (WHO) classified the coronavirus disease (COVID-19) as a pandemic. Since then, many…

We analyze state-level matching efficiencies in the Indian labor market using stochastic frontier analysis. The key contribution of this…

This paper investigates the impact of the effective minimum wage, defined as the log difference between the minimum and the median wages…

In Georgia, the average cost of a room1 in a 3-star hotel was 124 GEL per night in September 2020, while the average cost of a room in a…

The COVID-19 pandemic has hindered tourism all over the world. Such a downturn was especially visible in April and May, since which some…

Papua New Guinea is a lower-middle income country and fragile state (para 7). Growth in the nonmineral economy of Papua New Guinea (PNG…