Energy

23 Items

Book - University of Michigan Press

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

| Mar. 07, 2022

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Kinnaur Kailash, Kalpa, Himachal Pradesh, India

Saurav Kundu/Unsplash

Policy Brief

Should Regulators Make Electric Utilities Pay Customers for Poor Reliability?

| June 09, 2020

This policy brief describes the persistent challenge of poor electricity reliability in India and how it interacts with key regulatory policies, analyzes Delhi’s experience with outage compensation since 2017, and highlights areas for additional economic and policy research on this topic.

Dr. Justin Jacob runs a sample COVID-19 test inside a mobile testing lab unit that will begin testing in response to the Coronavirus outbreak, Tuesday, April 28, 2020, in Washington.

Andrew Harnik/AP

Analysis & Opinions - Project Syndicate

What Caused the COVID-19 Testing Deficit?

| Apr. 30, 2020

As the divergent experiences of the US and South Korea show, testing can be the difference between disease containment and catastrophe. Rather than relying on national governments to ensure the rapid development, production, and deployment of diagnostics during outbreaks, the world needs a global coordinating platform.

Some Countries Believe Nicolás Maduro (left) is Still the President While Others are Backing Juan Guaidó (right)

Getty Images

Analysis & Opinions - METRO U.N.

Venezuela: Consequences

| Feb. 20, 2019

For years outside observers of Venezuela have followed the disastrous developments in the country under the leadership of Chavez and his successor Maduro with growing concern: the steep decline of the economy, growing violence and repression of human rights, the catastrophic living conditions of people without food or health care and the flight of 3 million Venezuelans into neighboring countries. The geopolitical implications of a growing influence of and indebtedness to China and Russia in addition to Cuba’s role in upholding the repressive regime created additional worries to Western governments. But reluctance to violate the principle of non-interference – always a particularly sensitive issue in Latin America – allowed the Venezuelan situation to deteriorate uninhibited over a long period.

Sovereign Venture Capitalism: At a Crossroad

StockSnap/Pixabay

Analysis & Opinions - The Economist

Sovereign Venture Capitalism: At a Crossroad

| Oct. 03, 2018

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

How sovereign wealth funds are inflating the Silicon Valley bubble

Flickr/Steve Jurvetson

Analysis & Opinions - The Conversation

How Sovereign Wealth Funds Are Inflating the Silicon Valley Bubble

| Aug. 21, 2018

Elon Musk jolted markets and shareholders when he tweeted his intention to take his electric car company, Tesla, private. Saudi billions, he proposed, could help the company escape the pressures of being publicly listed. In a blog post, Musk said that “the Saudi Arabian sovereign wealth fund [had] approached [him] multiple times about taking Tesla private”.

Solar panel field and wind turbines

PIXNIO / hpgruesen

Book - Edward Elgar Publishing, Inc.

Handbook of the International Political Economy of Energy and Natural Resources

| 2018

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.

Tokyo at night

Flickr / Agustin Rafael Reyes

Paper - London School of Economics

Global Review of Finance For Sustainable Urban Infrastructure

    Authors:
  • Graham Floater
  • Dan Dowling
  • Denise Chan
  • Matthew Ulterino
  • Tim McMinn
  • Ehtisham Ahmad
| December 2017

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

Cluver, Chaudhry and Najam

Benn Craig/Belfer Center

News

Ambassador of Pakistan to the US: "Now is the ideal time to reset relations."

| Apr. 27, 2017

Two days after presenting his credentials to President Trump, His Excellency Aizaz Ahmad Chaudhry, the newly appointed Ambassador of Pakistan to the United States, expressed optimism about bilateral relations between the two countries. Respondent Adil Najam, Dean of the Frederick S. Pardee School of Global Studies at Boston University, was more cautious in his assessment of the relationship after years of "reset."