We use the economic conditions of the federated states in the U.S. to offer new insights into the heterogeneity dynamics of the widely held assumption of the negative effect of EPU on economic activity. We use a semi-parametric smooth varying coefficient model (SVCM) to show that states with...

In September 2022, the diffusion indices of wages and of the order-book level looked quite optimistic – 54% and 53% correspondingly. The diffusion index of output decreased by 11 percentage points, but this year this indicator is particularly unstable. The diffusion indices of the expected in...

This paper reflects on the first year of the eNaira—the first CBDC in Africa. Despite the laudable undisrupted operation for the first full year, the CBDC project has not yet moved beyond the initial wave of limited adoption. Network effects suggest the initial low adoption spell will require...

Humanity is becoming more and more convinced that the 21st century is the century of knowledge, high technologies, rapid innovations and science-intensive industries. The world is entering a fundamentally new technological order, which testifies to the change of eras, transforming the former...

‘Changing Saudi Arabia for the better means helping the region and changing the world’, the statement by Mohammad bin Salman, the prince of Saudi Arabia is a true depiction as to how strong and strategically important is the country. Saudi Arabia, officially Kingdom of Saudi Arabia (KSA), is...

The emergence of one-party states in Burkina Faso and Tanzania was a significant political phenomenon in Africa during the post-colonial era. Both countries gained independence from their European colonizers in the early 1960s and subsequently established one-party systems of government as a...

Frontmatter -- Contents -- Introduction / Starkman, Dean -- Acknowledgments -- Part I. Bad Business -- 1. The Dark Lord of Coal Country. Rolling Stone / Goodell, Jeff -- 2. Missing Milly Dowler's Voicemail Was Hacked by News of the World. The Guardian / Davies, Nick / Hill, Amelia -- 3....

Frontmatter -- Contents -- Introduction / Starkman, Dean -- Acknowledgments -- Part I. On the Ground -- 1. The Sharp, Sudden Decline of America's Middle Class / Tietz, Jeff -- 2. The Great American Foreclosure Story / Kiel, Paul -- Part II. Bad Medicine -- 3. Bad to the Bone: A Medical Horror...