The objective of this paper is describe how the nature of corporations can and should be reformed to make them an explicit instrument for building an efficient, equitable and sustainable society that is locally controlled. The paper traces how the current concerns over the role of the modern...

The objective of this paper is to establish design criteria for developing a global brain that is integrated with humanity to govern life on the planet in a satisfactory environment. Three sources of design criteria are identified. (i) The limited ability of humans to: receive, manipulate,...

The Covid-19 pandemic had different impacts across the globe, according to both country structure and conjunctural responses from local governments. This article aims to characterize the main traits of capitalism in Brazil, with a focus on its evolution over the last 20 years and the way these...

Due to the large proportion of emissions which the transportation sector accounts for and the comparative ease with which emissions from this sector can be managed, key countries are tightening emissions regulations in the transportation sector. To this end, various proclamations have been made...

The proportion of added value in Korean manufacturing has remained stable without major changes since the 1990s, and the same was true for the nation’s service sector in the 2010s. But the structural change index (SCI), which measures the vitality or dynamism of industry as a whole, shows that...

This paper explores the changes in the auto parts sector from the industrial policy perspective of Romania, in the context of globalization. We propose to find the place of the means of transport industry in the processing industry sector and we studied the document of Industrial Policy for...

This paper presents a retrospective review of several key areas of work of the Capital Markets and Financial Institutions Division (CMF) of the Inter-American Development Bank. Presented with each chapter as an independent piece, the paper analyzes the operations portfolio of CMF from 2006 to...

We develop a simple macroeconomic model where the time inconsistency of optimal monetary policy is due to tax distortions. If fiscal policy is exogenously fixed at its optimal level, a Walsh contract (Walsh, 1995) offered to an independent central bank implements the optimal monetary policy....

Can foreign direct investment (FDI) promote growth in Africa? What does the inflow of investment hold for African emerging economies? Are the determinants of FDI different for different regional blocs in Africa? This study reviews the implication of FDI for different regional blocs in Africa....