Articles

51 Items

(Economic Research Forum)

(Economic Research Forum)

Journal Article - Economic Research Forum

Is Oil Wealth Good for Private Sector Development?

| March, 2019

When do autocratic rulers in oil-producing countries support private sector development? We argue that the size of oil rents per capita has an important effect on ruler support for the rule of law, respect for private property rights, and other factors that promote private investment.

Great Decisions Cover

Foreign Policy Association

Journal Article - Foreign Policy Association

The State of the State Department and American Diplomacy

| Jan. 03, 2019

During the Trump administration, the usual ways of conducting diplomacy have been upended. Many positions in the State Department have never been filled, and meetings with foreign leaders such as Kim Jong-un and Vladimir Putin have been undertaken with little advance planning. What effect are these changes having now, and how will they affect ongoing relationships between the United States and its allies and adversaries?

teaser image

Journal Article - Global Policy

The Case for Economic Development Through Sovereign Investment: A Paradox of Scarcity?

| Apr. 14, 2018

Sovereign wealth funds (SWFs) have traditionally been created to recycle excess reserves from natural resource or non‐commodity revenues. However, in recent years funds are being established under conditions of capital scarcity with objectives to contribute domestic economic development, often through the buildout of national infrastructure programs. Such trends in new fund creation represent a fundamental shift in the sovereign wealth fund paradigm and raise serious questions about how these entities are to be capitalized and also the implications of capitalization models on their sustainability. This study examines the recent evolution of SWF models focused on economic development. Its analytic focus is drawn, in particular, to countries that are neither endowed with oil wealth, nor otherwise enjoy export surpluses to be used to capitalize a development‐oriented SWF. While this study is relevant to and expands the scope of the broad literature on SWFs, its specific contribution is as a focused analysis of how SWF funding sources impact achieving long‐term financial and socio‐economic development objectives.

teaser image

Magazine Article

Nobel laureate Kailash Satyarthi launches children’s rights campaign in Bangladesh

| Apr. 05, 2017

Nobel Peace Prize laureate Kailash Satyarthi was in Bangladesh this past week launching his global “100 Million for 100 Million” children’s rights campaign. The initiative’s name is derived from a simple but powerful objective: for 100 million young people to pledge to help the 100 million children worldwide who are suffering from the worst forms of exploitation and abuse, including child trafficking, forced labor and prostitution.

Chinese soldiers salute during a ceremony in Hangzhou city, east Chinas Zhejiang province, November 15, 2013.

Guo Guangjie/ Imaginechina

Journal Article - Quarterly Journal: International Security

Contested Primacy in the Western Pacific: China's Rise and the Future of U.S. Power Projection

    Author:
  • Evan Braden Montgomery
| Spring 2014

Despite their disagreements, proponents of deep engagement and offshore balancing share an optimistic but unrealistic assessment regarding the durability of U.S. military dominance. China’s antiaccess/area denial strategy and conventional precision-strike capabilities are already undermining the United States’ military dominance in East Asia. The United States will need to adapt its military to meet this challenge.

Ghana has gone through economic stagnation and negligible participation in the global trading system despite its gold mines and cocoa plantations.

EnzoRivos Photo CC

Journal Article - Journal of Policy and Complex Systems

Complexity, Innovation, and Development: Schumpeter Revisited

| Spring 2014

The role of innovation and entrepreneurship is increasingly getting policy attention in emerging countries. A growing body of literature is deriving its inspiration from the work of Joseph Schumpeter. His seminal 1911 book, The Theory of Economic Development, outlined a general framework for understanding the role of innovation and entrepreneurship in economic transformation. Despite Schumpeter's influence on economic policies in industrialized countries, there has been little application of his work in emerging countries.

teaser image

Journal Article

Understanding Revolution in the Middle East: The Central Role of the Middle Class

| May 2013

This paper presents the outlines of a coherent, structural, long term account of the socioeconomic and political evolution of the Arab republics that can explain both the persistence of autocracy until 2011, and the its eventual collapse, in a way that is empirically verifable. The changing interests of the middle class would have to be a central aspect of a coherent story, on accounts of both distributional and modernization considerations, and that the ongoing transformation can be best understood in terms of their defection from the autocratic order to a new democratic order, which is still in formation.