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"Can China's Belt and Road Initiative (BRI) promote sustainable development, alongside its primary aims of increasing commercial connectivity with China's partners? In discussions of the BRI the focus has tended to be on the implications for infrastructure construction, connectivity and economic...
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The closures of childcare providers to most families during the COVID-19 crisis have underlined the importance of access to childcare, both to support paid work and to help shape young children's environment. However, the crisis has had severe consequences for the finances of childcare...
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This paper studies the effect of durability on the financing of durable assets. We show that more durable assets … the price of an asset and hence the overall financing need more than its collateral value. This insight has implications … dominated technologies. More durable assets are more likely to be rented given their larger financing need. Legal enforcement …
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The transformation of economies towards significantly reduced CO2 consumption raises high investment and capital requirements. Financial and capital markets can help to mobilize the necessary funds for global investment needs and to steer capital towards sustainable investments. Moreover,...
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The Western Balkans have been a crossing point between Central Europe and the East for centuries.Devastated by tragic conflicts, nationalism and neglected investments, the Western Balkan countries are striving to find a new equilibrium. Citizens and institutions have repeatedly affirmed their...
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