Science, Technology, and Public Policy

The authors analyze the 1979 Three Mile Island nuclear accident and the recent back-to-back crashes of two Boeing 737 Max jets and make policy recommendations for the regulation of increasingly complex technologies.

The power of Pan-Africanism as a guiding vision for the continent’s development is widely studied, mostly as an aspirational phenomenon. At worst, Pan-Africanism has often been seen as a poor imitation of American federalism or European integration. Both of these perceptions do not reflect the profound nature of the role that the ideology of Pan-Africanism played in shaping the continent’s economic transformation. 

Last week, President Trump signed a new executive order that paves the way to impose sanctions against any foreign bank that conducts business with North Korea, going well beyond current UN financial sanctions. These so-called secondary sanctions, which are penalties applied to third-party foreign banks (i.e., not directly against North Korean entities), are particularly focused on Chinese banks.

"Although this phased-approach to sanctions relief under the JCPOA ensures that Iran does not receive benefits without first implementing its nuclear commitments, uncertainties remain. The agreement does not affect U.S. and EU non-nuclear sanctions, such as those that target human rights abuses, support for terrorism, and money laundering. One question is whether or not relief from nuclear-related sanctions will affect the usefulness of non-nuclear sanctions."

"Nigeria is Africa's largest economy and 26th in the world. Its GDP stands at $510 billion with immense growth potential. A stable and peaceful Nigeria will contribute to Africa's rise and integration into the global economy. On the other hand, an unstable, stagnant and conflict-driven Nigeria will be a threat to regional and global stability."

"For US regulators, 2014 was a banner year for collecting fines against sanctions violators, according to The Economist. In June, BNP Paribas—France’s largest bank, and one of the largest in the world—agreed to shell out $9 billion to the US Department of Justice for violating sanctions against Cuba, Iran, and Sudan. This past month, US regulators slapped Germany’s Commerzbank—the country’s second-largest bank, with a similar global presence—with a $1 billion fine, after launching an investigation into its dealings with sanctioned countries. The increases in fines have signaled an aggressive, zero-tolerance policy toward violators, as well as a willingness to use the extraterritorial provisions of sanctions, which allow regulators to punish foreign-based banks..."

"The post-election era will require economic construction. Much of this will start with building essential infrastructure needed for growth — especially in transportation, energy and in telecommunications. The World Bank estimates the DRC's infrastructure needs at over US $5 billion a year over the next decade. After all, the country is the size of Western Europe, but has only 2,800 kilometres of all-weather paved roads running through it. This is about the same as Rwanda's networks of roads — even if Rwanda is some 90 times smaller than the DRC. The DRC also has extensive potential navigable waterways that need to be developed. And massive investment in air transportation infrastructure could make the country a hub for the rest of Africa, given the DRC's geographical centrality on the continent."

"Beneath the Arab political revolutions lies a deeper and longer process of radical change that is sometimes called the information revolution. We cannot yet fully grasp its implications, but it is fundamentally transforming the nature of power in the twenty-first century, in which all states exist in an environment that even the most powerful authorities cannot control as they did in the past."