The imperative to enhance renewable energy capacity has never been more pronounced, prompting a critical inquiry into the most cost-effective means of achieving this objective. Despite inherent challenges to clean energy transition, such as the capital cost and intermittency, there are ways to improve efficiency. This column demonstrates that in high-renewable electricity systems, real-time pricing […]
All countries have a government, and all governments are different. But there is a universal principle: a good governing structure is key to developing regulations that are fit for purpose. To learn more about the structure of governments and contribute to the debate on institutional capacities and strategies for the development of business regulations, we […]
Energy prices declined 8.2% in November, led by coal (-12.9%) and oil (-8.7%), the World Bank’s Pink Sheet reported. Non-energy prices were up by 1.7%. Agricultural prices gained 1.6% in November. Food prices inched up 0.9%, as an increase in oils and meals (+5.4%) was partly offset by declines in grains (-4.4%). Beverages gained 7% while raw […]
The Global Business And Finance Magazine is proud to announce Trade TechnologiesInc. as the recipient of two prestigious awards: The Most Promising Banking Technology SolutionProviders Global 2023 and Best Trade Tech Solutions Company Global 2023. These awards are atestament to Trade Technologies’ groundbreaking advancements in the digitization and automation ofglobal trade.Based in Austin, Texas, Trade […]
International Day of Persons with Disabilities offers an ideal moment to assess the progress that has been made in achieving inclusive education systems for all learners, including learners with disabilities. The record remains decidedly mixed: Despite considerable progress worldwide to strengthen access to education and the quality of education, many of the most vulnerable and marginalized learners […]
Much attention has been paid recently to the potential for generative AI to disrupt labour markets in the long term, rendering certain professions redundant whilst enhancing the productivity of human labour in others. However, relatively little attention has been paid to the impact AI has already had on the labour market. This column investigates the […]
Families across the UK are struggling with inflation. This column asks whether low-income households have been disproportionately affected, using micro-data on food products to examine the rate of inflation for different income groups. Though firms passed rising upstream costs on to retailers at similar absolute rates, the increases for low-end products are disproportionately large when […]
Extracting measures of term premia from the term structure of interest rates is important to evaluate the response of financial markets to monetary and fiscal policy. The standard literature achieves the decomposition of yields by estimating a common factor structure for yields and excess returns. This column introduces a model in which yields are drifting, […]
Industrial policy is at the heart of the current economic discourse, propelled by major legislative acts from the Biden administration. This column presents an analysis of the ‘New Economics of Industrial Policy’, synthesising emerging literature to understand these complex policies. It highlights the broader objectives of modern industrial policy, extending beyond traditional sectoral support. Key […]
This year’s United Nations climate summit in Dubai is unlikely to achieve much because all 197 states must agree on decisions. The need for unanimity is a recipe for twiddling thumbs while the planet fries. It’s possible to imagine an alternative, better way to fight climate change. A few powerful nations could agree bold targets […]
