Natural Disasters, Bank Damages, and Firm Activities
By Kaoru Hosono and Daisuke Miyakawa Below Kaoru Hosono and Daisuke Miyakawa examine the impacts of financial shocks arising from two earthquakes in
How Asia Works: Finance – The Merits of A Short Leash
By Joe Studwell
Deregulating finance for short-term gains may work in developed Western economies, and even then only at times, but premature deregulation has wreaked...
Can Capitalism Save the Environment?
By Tabitha M. Benney
Developing economies can provide an invaluable contribution to the effort to prevent further climate change. Below Tabitha M. Benney illustrates how...
A Watershed in the Financing of Infrastructure for Water Security
By John Briscoe
Water is a basic necessity – crucial not only for sustaining life, but also for facilitating sustainable economic growth. Below, Professor John...
Climate Change: Legal, Financial, Economic and Risk Management Issues
By Tapen Sinha
Human activities have accelerated the process of climate change. Since dealing with climate change requires collective action across countries and across...
Shock from Graying: Are Grandparents Responsible for the Weakening of Monetary Policy Effectiveness?
By Patrick Imam
Patrick Imam explores how a population with an ageing demographic requires certain monetary policy in order to be effective in the post-crisis...
The Constitution of Risk
By Adrian Vermeule
How should we approach legal decisions regarding private property for public use? How can constitutional risk be managed in order to...
How Finance is Shaping the Economies of China, Japan, and Korea
By Yung Chul Park, Hugh Patrick, and Larry Meissner
In what ways, and to what degree, has the financial system mattered, and what roles has...
EU Post-Crisis Resilience and Fragility: Collateral Damage or Global Recovery
By Irene Finel-Honigman
There is a perception of steady economic recovery across the post-sovereign debt crisis within the European Union (EU) and the Eurozone....
The National Origins of Policy Ideas
By John L. Campbell and Ove K. Pedersen
In this article John Campbell and Ove Pedersen argue that the way policy ideas are generated by...
EDITOR'S PICK OF THE WEEK
China’s Challenging Search for a New Model of Economic Growth
By Danny Leipziger
China cannot continue to rely on exports to drive its growth, but what are the alternatives?
China ran a $1.2 trillion trade surplus last year, and despite admonitions from the IMF to rely...
