Categories
Asia Pacific Economics Policy & Politics Regional

The RCEP minus India: Reasons and Implications

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?

Categories
Africa Economics Policy & Politics

How a Population of 4.2 Billion Could Impact Africa by 2100: The Possible Economic, Demographic, and Geopolitical Outcomes

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.

Categories
Economics North America Policy & Politics

From the Canal to the Comarca: Industrial Policy for Inclusive Growth in Panama

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.

Categories
Economics Editors' Updates Events

Book Launch: “Social Finance: Shadow Banking During the Global Financial Crisis” by Neil Shenai

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.

Categories
Economics Energy & Environment Policy & Politics

Climate Diplomacy: A Mismatch Between Science and Politics

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.

Categories
Asia Pacific Economics Policy & Politics Security & Conflict

The Silver Jubilee of India-ASEAN Relations: A Geopolitical Rejuvenation?

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.

Categories
Africa Asia Pacific Economics International Development North America Policy & Politics

Mutual Delegitimization: American and Chinese Development Assistance in Africa

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.

Categories
Asia Pacific Economics International Development Policy & Politics

China’s Belt and Road Gamble: Can it Deliver?

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.

Categories
Economics International Development South America

Too Many Remittances?

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.

Categories
Economics Europe International Development

Weber’s Protestant Ethic Revisited: Explaining the Capitalism We Take for Granted

Author Edmund Ruge revisits the German Sociologist Max Weber’s theory of international development to see how Weber’s theory, as expressed in his classic book The Protestant Ethic and the Spirit of Capitalism are still relevant today in the field of international development. Edmund Ruge then juxtaposes Weber’s theory of development with two other theories of development that were proposed by Karl Marx and Georg Wilhelm Friedrich Hegel.