Book published in January 2021 by World Scientific Publishers. Summary: Given that there is no shortage of economic theories while economic problems are growing periodically, Conceptual Economics boldly attempts to initiate a new approach by employing conceptual and intuitive tools to examine the intra-relationship between microeconomics and macroeconomics as well as the inter-relationship between economic … Continue reading Conceptual Economics: The Liaising Role in Politics and Social Sciences
It would ultimately be the decision from the country’s medical and health experts who will decide on how the coronavirus crisis is said to have subsided. For example, the continuous absence of new cases within two weeks could be a relevant condition. Nonetheless, the fact that the uneven spread of the coronavirus across different regions … Continue reading Coronavirus: The Path to Economic Recovery
Despite the political and diplomatic aspects of the coronavirus which has led to an international uproar between China and the World Health Organization on the one side and the USA supported by several global economies on the other side. It is true that the coronavirus would lead to a sharp economic shock that could reduce … Continue reading Economics Lessons from the Coronavirus
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Hong Kong's Miraculous Growth Path: Coincidence, Nurtured or Cultivated?
Canada’s 2017 Federal Budget: Politics over Economics Dr. Kui-Wai Li The Kui-Wai Consultancy for Economic Development, Inc. February 28, 2018 I Introduction The theoretical and apolitical role of every economy’s annual budget is to balance the economy by promoting long term growth to enrich the future capacity of the economy and avoid overheating in good … Continue reading Canada’s 2017 Federal Budget: Politics over Economics
Is Europe Losing? Dr. Kui-Wai Li The Kui-Wai Consultancy for Economic Development, Inc. Toronto. October 28, 2017 I Introduction Although Europe was the battleground for the two World Wars in the last century, post-World War II development in key European countries had been rapid, especially in the “big four” of United Kingdom, Germany, France and … Continue reading Is Europe Losing?
October 5, 2017 Dr. Kui-Wai Li The Kui-Wai Consultancy for Economic Development, Inc. Toronto, Canada I Introduction In “Redefining Capitalism in Global Economic Development”, which was released in June 2017, the author pointed out the significant differences between economic and political decisions. Economics decisions relate to distribution of resources, while political decisions concern the distribution … Continue reading Why High Tax Rate is Not an Answer?