This paper analyzes the causes, responses, and consequences of the Fukushima nuclear power plant accident (March 2011) by comparing these with Three Mile Island (March 1979) and Chernobyl (April 1986). We identify three generic modes of organizational coordination: modular, vertical, and...

During the past few years arbitration has been under attack. Recent judicial decisions, newly enacted and proposed legislation, and populist sentiments are important and obviously can result in significant changes. But many of the criticisms leveled at arbitration can be addressed and, most...

The high value of privatizations, licenses and equipment supply contracts in telecommunications have created opportunities for individuals to solicit and companies to pay bribes. Despite obvious risks in advocating such policies, especially in developing countries with weak or absent...

Historically, governments have played the predominant role in owning and operating infrastructure facilities such as schools, hospitals, roads, bridges, railways, ports, telecommunications networks, and water and electricity supply facilities. However, fiscal policy constraints, growing...

This paper assesses the growth impact of telecommunications infrastructure investment in developing countries by subjecting country specific data on mainline tele-density and per capita growth to Granger causality test within a panel cointegration framework. The results suggest that growth...

In this paper, we empirically assess the effects of the winner's curse in auctions for toll road concession contracts. Such auctions are common-value auctions for incomplete contracts prone to pervasive renegotiations. We address three questions in turn. First, we investigate the overall effects...

Digital transformation in developing economies can support achievement of the SDGs with smart industry, new technologies for agriculture, human capital upgrading and digital government, among other investments

Although successive generations of digital technology have become increasingly powerful in the past 20 years, digital democracy has yet to realize its potential for deliberative transformation. The undemocratic exploitation of massive social media systems continued this trend, but it only...

The Trump Administration has expressed its intention to withdraw the United States from the Paris Agreement. However, may of the states and cities that together make up the United States have declared that they "are still in." This draft chapter for a forthcoming book by the Environmental Law...

This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and within Asia, and creates a "bigger picture" for the demand and supply of capital for...