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This paper explores the macroeconomic impact of social unrest, using a novel index based on news reports. The findings are threefold. First, unrest has an adverse effect on economic activity, with GDP remaining on average 0.2 percentage points below the pre-shock baseline six quarters after a...
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This paper discusses the need to recognise the evolving purpose of policy space for developing and developed countries in a changing global economic system. This paper examines the changes in rules and regulations in the global economic system, as well as the rise of Global Value Chains (GVCs),...
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There is vigorous debate about reforms to address the balance between investor protection and the right to regulate in the over 3000 existing investment treaties. This paper first notes the growing trend to analyse particular treaty rules rather than treaties as a whole and the importance of...
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