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Frequent civil conflicts in African countries may erode national identity, thus highlighting a reason why civil conflict is costly for growth and development

INET at the Trento Economics Festival 2: A dialogue between Jayati Ghosh, Rohinton Medhora, Joseph E. Stiglitz, coordinated by Robert Johnson The world won’t emerge from the pandemic until the pandemic is controlled everywhere, and this is a special concern because of the new mutations that are likely to arise where the disease is running its course. So too, the world won’t have a robust economic recovery until at least most of the world is on the course to prosperity. Global growth is far more muted now than then, and inward-looking policies in some of the nations where growth has been restored have resulted in an increase in their trade surplus, attenuating the global impact of their recovery.

University of Bonn and Sciences Po economics professor Moritz Schularick talks to Rob about the soon-to-be-released book, Leveraged, which he edited based on papers from an INET-sponsored conference. The book takes a close look at what we have learned about the costs and causes of financial fragility since 2008.

We are grateful to Michael Grubb, Annela Anger-Kraavi, Igor Bashmakov, and Richard Wood for their interesting, empirically rich and structurally insightful commentary on our paper on the production-based and the consumption-based Carbon Kuznets Curve (CKC).

What’s behind rapidly worsening inequality in the United States?

Judy Klein is Professor of Economics at Mary Baldwin College in Virginia. She is the author of Statistical Visions in Time: A History of Time Series Analysis 1662-1938, (Cambridge 1997) and co-editor of The Age of Economic Measurement (Duke 2001), and co-author of The Strange Career of Cold War Rationality (in preparation)

This research project posits that increasing income concentration and erosion of the middle class are interrelated results of a change in the dominant corporate resource-allocation regime from “retain-and-reinvest” to “downsize-and-distribute,” manifested by massive distributions to shareholders and the disappearance of “collective and cumulative” careers.

This research project explores the process of modern (shadow) money creation in hierarchical and interconnected monetary systems. In theorizing the dynamic instability of shadow money, it provides a comparative account of the structural and institutional specifics of shadow money in the US, Eurozone and China, and the policy challenges thereof.

On January 24 2013, the Workers’ Rights Student Coalition at Columbia Law School will host an INET-sponsored evening with top political leadership from SYRIZA, Greece’s dominant opposition party and anticipated next government, to discuss the challenges facing Greece and the euro zone and SYRIZA’s plans for reform.

What is the current situation in credit markets? Will an overhang of debt on corporate balance sheets slow down the recovery from the COVID recession and be a drag on investment going forward? Does the COVID recession still have the potential to turn into a broader financial meltdown?

Overcoming Anti-Urban Bias to Reduce Inequality in the United States

INET’s new data archive of historical political finance records at the National Archives marks a major step toward filling this factual void. This INET Working Paper outlines what users need to know to navigate the archive effectively and locate the data they require.

We analyze the political environment in the wake of financial crises and try to infer its implications on decision making and economic policies.

In 2021, the Centre for International Governance Innovation (CIGI) celebrates 20 years of contributing research and expert analysis to global policy making.

Using computational linguistics to estimate firm-level cyber risk exposure based on quarterly earnings conference calls.