This policy essay, written as a UN Economic and Social Commission for Asia and the Pacific (ESCAP) Working Paper, reflects on the social factors underlying Pakistan's chronic debt crises, their resolution, and potential paths to future prevention. It stresses the need for a debtors' perspective...

Phenomenal increases in food prices in 2007 and 2008 caused governments around the globe to panic. During the chaos which ensued, most developing countries responded to the crisis with a convoluted array of policies intended to stabilize domestic markets, placate consumers and other...

While degraded trust and cohesion within a country are often shown to have large socioeconomic impacts, they can also have dramatic consequences when compliance is required for collective survival. We illustrate this point in the context of the COVID-19 crisis. Policy responses all over the...

Supply chain scenario planning – Coronavirus synopsis questionsSupply chain resilience, contingencies, and business continuity plansHistoric case study of high dependency on the region and the inappropriate spread of manufacturing load. Contingency planning to address business continuity...

The European debt crisis gave rise to policies of fiscal austerity designed to instill discipline and return economies to growth after a short-lived period of structural adjustment. Greece received several bailouts conditional on implementing severe spending cuts and structural reforms. These...

With the 18th National Congress of the Chinese Communist Party concluded on 15th November 2012 and the birth of a new Politburo Standing Committee, the Party thus completed its second orderly hand-over of power in more than six decades of its rule over this most populous country in the world,...

Countries have adopted several measures to control the spread of Covid-19. However, substantial differences remain in terms of performance in controlling the virus, potentially due to heterogeneity in citizen engagement with government measures. Drawing on this observation, this paper seeks to...

The fallout and aftershocks from the United Kingdom’s (UK) decision to exit the European Union (EU) in 2016 are still reverberating. With a nationwide schism dividing the countries that comprise the United Kingdom of Great Britain and Northern Ireland to discord and resentment amongst the...

Asset-price bubbles challenge the explanatory and predictive power of standard economic theory, so neuroeconomic measures should be explored as potential tools for improving the predictive power of standard theory. This exploration is begun by reviewing results from functional magnetic resonance...

In recent years there has been growing interest in the role of private intrafamilial transfers in the family economy. This topic is especially crucial for policy makers during periods of economic downturn, as private support and public transfers are inter-related. The current study examined the...