By Stephen McCloskey and Gerard McCann
Globalisation has been a mixed blessing for international development. Below, Stephen McCloskey and Gerard McCann argue that greater resilience is required from development sectors to demand policy intervention, while generous resources are needed to push on from the UN’s Millennium Development Goals (MDGs) and finally eliminate the poverty gap between the global North and South.
By Ian Goldin and Mike Mariathasan
For most of the world’s growing number of inhabitants, greater connectivity has been a blessing. The world is connected; individuals are connected, firms are connected, and governments depend on each other more than ever. Below, Ian Goldin and Mike Mariathasan conclude that insufficiently managed globalization might drive us toward a world of overly complex interdependencies, with the resulting cascading shocks encouraging more local rather than more globally connected politics.
The triumph of the “no” vote in the Greek referendum was not a mandate for Grexit, but a new starting-point to talks. But is there room for a compromise any longer?
Collective Life Capital: The Lost Ground of the Economy Sustainability Overfished Ocean Strategy: Powering Up Innovation for a Resource-Deprived World China Law Greek Parliament Passes Debt Agreement, but European Democracy is on its Knees Iran Development Recasting International Development in a Post-Recessionary World India Leadership
Economics
Long Decisions: Exploring New Ways To Decide What To Do
Michael Mainelli and Robert Ghanea-Hercock
John McMurtry
The Merits of Eco Governance in a Modern World
Jonas Törnblom
Nadya Zhexembayeva
Civilised Cities: A New Model of Sustainable Urbanisation with Chinese Characteristics
Bao Zonghao
Safe Haven: How A Recent United States Supreme Court Decision Stands To Protect Foreign Banks From Their Depositors’ Creditors
Charles H. Camp and Theresa B. BowmanGreece
After the Greek Referendum: Into Uncharted Waters
Dan Steinbock
Jonathan Hopkin
What the Iran Nuclear Deal Means – and What it Doesn’t
Scott Lucas
Globalization and Systemic Risk
Ian Goldin and Mike Mariathasan
Stephen McCloskey and Gerard McCann
Helping Disabled Youth Get Good Jobs
Aneel Karnani, Kevin McKague, & Meera Shenoy
Leadership Dispatches: Business Lessons From A President Taking Charge
Michael Useem, Howard Kunreuther and Erwann Michel-Kerjan
What Tools Do Judges Have In The United States To Compel Compliance When A Foreign Sovereign Behaves Badly?
By Theresa Bowman and Charles Camp
As the world grows ever smaller, business relationships with governmental entities worldwide increasingly defy traditional assumptions and expectations as to the privileges and protections afforded by sovereignty.
By Flynt Leverett and Hillary Mann Leverett
Riyadh’s war in Yemen marks a dramatic escalation in its efforts to roll back Iran’s rising influence in the Middle East. Saudi Arabia portrays its Yemen campaign simply as a battle of “good” Arabs and Sunnis supporting Yemen’s legitimate government against “evil” Iranians trying to overthrow it via local Shi’a “proxies” – reiterating a generalized Saudi (and Israeli) narrative about Iran’s use of proxy allies to consolidate regional “hegemony.” More considered analysis shows that Iran’s “proxy” ties are part of an effective strategy to expand political participation in contested regional venues. While Saudi Arabia (like Israel) considers this a mortal threat, it is essential to effective conflict resolution. Riyadh’s intensely sectarian response – including its Yemen war – now fuels what some call a new Saudi-Iranian/Sunni’- Shi’a “Cold War” in the Middle East.
This essay outlines how business entities began and grew to become the recognizable ancestors of modern business. It suggests that deliberate innovation and marketing are the principal distinctions between modern and ancient business, and argues that finance, although important even in antiquity, has become vastly more so today because of techniques that greatly increase the trustworthiness of borrowers.
