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.
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.
In this two-part series, authors Seth Clare and Samer Mosis explore how low oil prices spurred energy reforms in Mexico and Saudi Arabia, and provided them with an incidental vaccine to the populist contagion infecting more diversified, developed economies. While such reforms will likely be painful for many in the short-term, they concede that the long-term economic growth these changes will support are well worth their costs.
In this two-part series, authors Seth Clare and Samer Mosis explore how low oil prices spurred energy reforms in Mexico and Saudi Arabia, and provided them with an incidental vaccine to the populist contagion infecting more diversified, developed economies. While such reforms will likely be painful for many in the short-term, they concede that the long-term economic growth these changes will support are well worth their costs.
Author Valentin Sierra demonstrates how ICT adoption by small and medium-sized enterprises (SMEs) can spur long-term gains in firm productivity, competitiveness, and facilitate economic development in Latin America.
Authors Simi Mehta and Mohsin Amin provide a snapshot of India’s energy demand and import scenario and discuss relevant government schemes for fuel efficiency. In addition to offering policy prescriptions, they conclude that due to geopolitical uncertainties and fuel price volatility, India urgently needs to integrate growth in the energy sector with its overall economic growth strategy, and simultaneously ensure the sustainability of the environment.
Dr. John Olushola Magbadelo, Director for Research at the Centre for African & Asian Studies (Abuja, Nigeria), reviews "The Political Economy of Sustainable Development: Policy Instruments and Market Mechanisms" by Timothy Cadman, et al.
