5810 Results for “ https://www.galaxus.ch/en/sector/showdiscussion/snap-hack-online-visit-kunghaccom-d2d1mo9k-226342”

How can we develop a deeper, more human and multifaceted understanding of the past?

Renewed interest by policymakers in the challenges of long-term slow economic growth highlights the importance of the Institute’s research

Author Samuel Stein talks about how capitalism shapes housing and what economists have in common with city planners

Christopher Cramer and John Sender, authors of the book, African Economic Development: Evidence, Theory, and Policy, discuss their book (co-written with Arkebe Oqubay) and how economic policy needs to be rooted in flexibly responding to changing circumstances and consequences, instead of dogma. Link to a PDF version of the book: http://fdslive.oup.com/www.oup.com/academic/pdf/openaccess/9780198832331.pdf

The global financial cycle has transformed the well-known trilemma into a ‘dilemma’. Independent monetary policies are possible if and only if the capital account is managed directly or indirectly. This column argues the right policies to deal with the ‘dilemma’ should aim at curbing excessive leverage and credit growth. A combination of macroprudential policies guided by aggressive stress‐testing and tougher leverage ratios are needed. Some capital controls may also be useful.

We find empirical evidence that changes in market sentiment drive unforeseeable change in how stock returns unfold over time, thereby engendering Knightian uncertainty.

The neoliberal economy was supposed to bring about a utopian world order. Instead, it gave us crippling psychological stress and social breakdown. How can we ever recover?

Lance Taylor, Servaas Storm, Mario Seccareccia and Marc Lavoie comment on Lawrence Summers and Anna Stansbury’s article titled “Whither Central Banking?”

AI has the potential to fuel historic levels of wealth concentration, leaving workers behind while a handful of companies profit. Or we can choose policies that steer us toward shared prosperity. The future is still up to us.

To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks

The market can’t save us.

Microfinance and then financial inclusion have become buzzwords in international development. Such initiatives have mobilised and generated  large amounts of development funding, despite substantial amount of critique. Such critiques call for a more impartial assessment of the effectiveness of financial inclusion on the grounds that funds for microfinance, they argue, displaced development spendings on healthcare, education or infrastructure. In addition, the focus on expansion of financial markets to ‘bank’ and financially ‘include’ the poor may divert attention from more comprehensive and effective poverty reduction strategies. Critiques of this ‘way of doing development’ are often sidelined and labelled as ‘extreme’, ‘sloppy’ or ideology-driven rather than evidence-based. We believe that there is a need for contemporary development scholars from all disciplines to engage in those debates. This half-day workshop would bring in such scholars to discuss what we have learned from a decade of research on the microfinance, and how financial inclusion and the emergence of fintech may offer new opportunities - as well as risks - in for inclusive global development. 

Doctors and medical experts say private equity firms and profiteering corporations are putting American lives at risk and compromising the practice of medicine.

By Stefano Sannino Secretary-General, European External Action Service (EEAS), Jutta Urpilainen EU Commissioner for International Partnerships, European Commission, Rohinton P. Medhora President, The Centre for International Governance Innovation (CIGI), Andrew Michael Spence Nobel Laureate of Economics, Co-Chair, Commission on Global Economic Transformation, Jayati Ghosh Professor of Economics, University of Massachusetts, Amherst, Andrea Renda (moderator) Senior Research Fellow, Head of GRID Unit, CEPS

Scientific American