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The recent policy shift in China from a pegged to a flexible exchange-rate regime starts a new chapter in international finance, comparable to the dramatic end of the Bretton Woods system of pegged ...
Institutions and international trade:lessons from the commercial revolution
Many believe that “big data” will transform business, government, and other aspects of the economy. In this article we discuss how new data may impact economic policy and economic research. Large-...
This paper is part of a broader research project on the economic impact of the Mexican Revolution. In this article we make an initial approximation of the effect of the Revolution on the lifespan of c...
The article reports on the growth of the mobile banking industry in Kenya. It notes that the mobile banking system called M-PESA has changed regional business in which marginalized people are given po...
An interview with Jacob Kolster, director of African Development Bank (AfDB) in North Africa, is presented. He notes that there is a change in how the bank operates in North Africa and Middle East due...
Economics does not need a scientific revolution. Economics needs accurate measurements according to high standards of natural sciences and meticulous work on revealing empirical relationships between ...
The Doha Development Round of multilateral trade negotiations (often referred as the DDR) came to a halt in July 2006. This break followed several unsuccessful attempts to agree on modalities for ...
The emergence of startup companies during the takeoff of the second industrial revolution could have spurred a new framework for the financial market to provide them with cash. Conversely,family capit...
Due to sub-Saharan Africa’s recurrent food-crises and enhanced difficulties to feed its growing population, calls for a Green Revolution – a substantially raised agricultural productivity by means of ...
In 1970 only one percent of American housing units were located in a homeowner association, condominium or cooperative – the three main instruments of collective private ownership of housing. By 1998,...

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