The negative economic effects of Russia’s invasion of Ukraine are being felt around the world. Here in the United States, Americans face rising gas and food prices, with more trickle-down consequences on the way. The majority of Americans have been supportive of the Biden administration’s response to the Ukraine crisis. The latest Russian invasion has […]
The RCEP was to be a potent vehicle to support the spread of global production networks and reduce the inefficiencies of the multiple prior Asian trade agreements. Yet India still pulled out. Why?
Since the United Nations released the 2017 edition of its annual World Population Prospects report that predicted a surge in the population of Africa as early as 2050, African leaders and development economists have debated how the continent should prepare. This article analyzes Africa’s looming demographic explosion and its likely consequences to help provide the foundational knowledge required for African leaders to make informed policy decisions.
Following 25 years of GDP growth, Panama is at a turning point. It must simultaneously address both sides of these longstanding divides. In keeping with this line of thinking, the solution also relies on a dual approach. Panama should further its industrial policies both “in the small” to support current comparative advantages and “in the large” to facilitate the creation of new ones.
Shenai presented his conventions-based theory of financial crises, and numerous current and former students participated in a wide-ranging discussion on the advantages of Shenai’s model, the overall state of academic research on financial markets, and policy implications of Shenai’s theory on financial regulation and managing risks in the global economy.
A struggle between natural science and politics has characterized the history of climate diplomacy from 1991 to the present, as the physical condition of the earth’s atmosphere worsens while the international community continues to try to design policy responses. … Progress in combating climate change needs more intense, blunt, and candid conversations on a sustained basis between atmospheric physicists and diplomatic negotiators to move forward at a time when global economic and population growth is increasing greenhouse gas emissions and exacerbating climate change.
To achieve its goal of deepened integration with ASEAN, India has established and continuously emphasized opportunities for economic and security partnership. All the while, it has simultaneously appealed to socio-cultural ties. Closer integration with ASEAN, India hopes, will allow the two to jointly balance China’s growing regional influence.
How can China’s ideas of development assistance to Africa be regarded within the context of a wider struggle among global powers? In contrast to the dominant public understanding that Chinese aid has “no strings attached,” authors Salvador Regilme and Henrik Hartmann from the University of Leiden show that US and Chinese governments’ aid strategies champion their own geostrategic national interests in the African continent.
At a time when China is increasing its power on the world stage, Dr. Shahid Yusuf, the Chief Economist of The Growth Dialogue at the George Washington University School of Business in Washington DC, attempts to investigate the effects of China’s Belt Initiative. In doing so, he discovered that the project will certainly increase China’s influence and economic power in Central Asia but it will also place the Chinese economy under heavy strain as Chinese growth begins to slow.
At a time where the international flow of remittances has received a great deal of criticisms by those on the political right, Jorge de Leon Miranda, a researcher at the International Monetary Fund, attempts to investigate the magnitude and effects of international remittances. In doing so, he discovered that remittances from the United States make up a great deal of the remittance inflow for at least fifteen countries and that the level of remittance inflow has an appreciable effect level of that country’s development.