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Robert Hughes

Small-Business Confidence Remains Very High, but Labor Concerns Continue

The latest survey from the National Federation of Independent Business shows small-business confidence remains very high, supported by favorable expectations for the economy and future sales. However, the lack of qualified candidates for open positions is a major concern.


Antony Mueller

How Countries Can Avoid the Middle-Income Trap

To get out of the middle-income trap, the country must change from the imitative economy to an innovative economy. Instead of a top-down transformation, the economy needs to blossom from below.


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