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Business & Economics

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  • 8 Nov 2022
    Saul Estrin, Simon Commander

    Authoritarianism: a force unchained?

    Authoritarian government seems to be a rising force. Over 40 countries are presently autocratic with around 55% of the world’s population living under some form of authoritarian regime. At the same time, even in stable democracies, many citizens feel discontent with their political arrangements, especially young people. For example, in the UK, 61% of 18-34s […]

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  • 2 Nov 2022
    Jordi Canals

    Dynamic companies, the governance paradox and the board of directors of the future

    Innovative companies are a critical pillar of dynamic societies. The modern firm is a formidable institution that offers valuable solutions to citizens’ problems, creates jobs, fosters scientific discovery, speeds up innovation and spreads prosperity. While these achievements are true, there is also evidence of frictions and crises in the corporate world related with firms’ governance. […]

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  • 27 Sep 2022
    Ludger Schuknecht

    Debt Sustainability — A Truly Global Challenge!

    Global debt, public and private, is at record highs! But there is no agreement on whether we should worry about this much. My new Cambridge Element, Debt Sustainability—A Global Challenge” argues that we should care. Debt does not only affect poor countries, but also the largest and richest economies. In many of today’s advanced countries, […]

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  • 29 Aug 2022
    An Exchange Rate History of the United Kingdom by Alain Naef
    Alain Naef

    Q&A: An Exchange Rate History of the United Kingdom, 1945-1992

    What do you find so interesting about sterling and currencies more broadly? The story of sterling after the second world war is fascinating as it is mirroring the decline of the British Empire. Sterling was the currency of a whole colonial Empire which slowly declined. The GDP of the United Kingdom was falling, and so […]

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  • 4 Aug 2022
    Shaomin Li

    Will There Be a Thaw Period in China after Xi?

    Perhaps the biggest challenge to dictatorships is the danger and uncertainty associated with a leadership transition. No one—including the ruler—knows the real rules of transition, such as how the next ruler is chosen and how the incumbent should exit. All these are determined secretly based on brutal power struggles. This is why, as Xi Jinping’s […]

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  • 8 Jul 2022
    Bárbara Soriano, Erik Mathijs, Julie Urquhart, Alisa Spiegel, Alberto Garrido, Peter H. Feindt, Miranda P.M. Meuwissen

    Resilient and Sustainable Farming Systems in Europe

    What exactly is resilience and how can it be enhanced? Farming systems in Europe are rapidly evolving while being at the same time under threat, as seen by the disappearance of dozens of farms every day. Farming systems must become more resilient in response to growing economic, environmental, institutional, and social challenges facing Europe’s agriculture. […]

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  • 24 Jun 2022
    James Bacchus

    Trade Links: New Rules for a New World

    In a time of increasing international turmoil, the World Trade Organization is undergoing an existential crisis. Trade links the world not only through the flow of international commerce in goods, services, and ideas, but also through its economic, environmental, and social impacts. Trade links are supported by a WTO trading system founded on rules established […]

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  • 7 Jun 2022
    Armen Ovanessoff, Felippe de Medeiros Oliveira, Nobuiuki Costa Ito, Leandro S. Pongeluppe, Sergio G. Lazzarini

    Private entrepreneurs can elevate public innovations – But they also need better Governments

    There is no shortage of proposals to address society’s most pressing problems—poverty, health, urban infrastructure, climate change, and many others. These propositions often involve single-handed solutions involving either direct governmental action or private outsourcing of key services, with a host of hybrid arrangements in between—such as public-private partnerships or social enterprises mixing financial and social […]

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