Because excessive specialization can be risky, diversification matters for sustainable development. A case study of Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of production possibilities to illuminate the possible...

A concept for an "Energy Innovation Scoreboard" was developed that presents an overview on energy research indicators and that serves as an input for the "IEA Expert Group on R&D Priority Setting and Evaluation". The study uses the concept of the Innovation Union Scoreboard as well as previous...

This paper investigates dynamic currency hedging benefits, with a further focus on the impact of currency hedging before and during the recent financial crises originated from the subprime and the Euro sovereign bonds. We take the point of view of a Euro-based institutional investor who...

This paper looks at different elements within the negotiated text of the Trans-Pacific Partnership (TPP) Agreement that govern various aspects of the digital economy and seeks to appraise the possibility for these rules to serve as a set of generally applicable benchmarks for future trade rules...

We examine the response of ICE Brent Crude futures to the spot Dated Brent benchmark published by Platts. Trading activity in the futures market intensifies during the benchmark assessment. We also find trading in the direction of the published benchmark during the price assessment window....

In this paper, we set forth a scoreboard for dealing with those risks that arise from the governance of any organization. Firstly, we introduce the subject of governance risks and, secondly, we move on to a cardinal index that not only measures up governance performance but also provides with a...