Theodore Roosevelt used the US military to create what he called quot;civilized societies.quot; A growing literature focuses on the economic benefits of empires, benefits sometimes referred to as quot;global public goodsquot;. Some authors, such as Mitchener and Weidenmier (2005) and Ferguson...

Offshoring is usually thought of in the context of globalization and economic activity. Yet a signal feature of the Bush Administration's quot;war on terrorquot; was the offshoring of core security functions. The most famous example is the use of Guantanamo Bay as a detention center, but many...

In His State of the Union Address, President Bush outlined the Advanced Energy Initiative to help break America's dependence on foreign sources of energy. The President has set a national goal of replacing more than 75% of U.S. oil imports from the Middle East by 2025. With America on the verge...

This paper traces the development of Bertil Ohlin's views on issues such as the causes of the depression of the 1930's, policies against the depression, the use of fiscal and monetary policies, and tariffs and public works to stabilize the business cycle. We examine about 80 of his articles on...

This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development, foreign aid should not orient developing countries towards industrialisation in the perspective of Kuznets but in the view of Piketty. Abandoning the former's view that inequality...

This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development, foreign aid should not orient developing countries towards industrialisation in the perspective of Kuznets but in the view of Piketty. Abandoning the former's view that inequality...

Orthodox and heterodox theories of financial crises are hereby compared from a theoretical viewpoint, with emphasis on their genesis. The former view (represented by the fourth generation models of Paul Krugman) reflects the neoclassical vision whereby turbulence is an exception; the latter...

It is not an exaggeration to surmise that agriculture as an economic activity in Sudan is facing demise. The agricultural sector of Sudan has been facing by many problems for the past two decades. In the irrigated schemes, the government who officially owns most of them there were entrenched...

Development studies on the middle-income trap have highlighted the challenges for developing economies to transform their productive systems from simple towards high value-added activities. Here, we use trade data of 116 countries to quantify the stages of productive sophistication and reveal...

There has been considerable research into dynamic global tactical asset allocation (GTAA) strategies driven by simple measures of Valuation and Momentum applied to a baseline balanced portfolio of equities and fixed income (see Blitz and van Vliet 2008, Wang and Kochard 2011, Gnedenko and Yelnik...