resource allocation News

South Korea's Economic Challenge: Rising Resource Allocation Inefficiency Threatens Innovation

The Bank of Korea reports a tripling in resource allocation inefficiency since the 1990s, with the service sector hit hardest. Solutions include better funding access for innovativ...

Vietnam Aims for 8-10% Economic Growth by 2025, Setting Ambitious Targets for Future Prosperity

Vietnam targets an ambitious 8-10% economic growth by 2025, aiming for double-digit growth in the future. Strategic reforms, efficient resource allocation, and local government ini...