What if America Delists Chinese Firms?
Opinions

What if America Delists Chinese Firms?

Shang-Jin Wei, NEW YORK – Chinese firms are more enthusiastic than most about listing on US stock exchanges. Currently, 250 of them, including companies that are registered in Hong Kong or offshore centers but derive most of their revenue and profits from mainland China, trade on US equity markets. But a recent flurry of official measures […]

Joe Biden’s Pro-Market Agenda
Opinions

Joe Biden’s Pro-Market Agenda

Katharina Pistor, NEW YORK – For free-marketeers, government is always the bad guy. As President Ronald Reagan memorably put it in his first inaugural address, “In this present crisis, government is not the solution to our problem; government is the problem.” Since the 1980s, markets have been idealized as the only way to achieve an optimal […]

Leading Innovation in the Legal Sector-Legal Tech Lab
Africa ICT

Leading Innovation in the Legal Sector-Legal Tech Lab

About Shs376.9 billion of 2021/2022 National Budget has been allocated to the Judiciary. Out of this, Shs18.2 billion has been earmarked for implementing the Electronic Court Case Management Information System and the Prosecution Case Management Information System. These deliberate efforts to integrate the use of Information Communication Technology (ICT) in the delivery of justice indicates […]

We Don’t Need the G7
Opinions

We Don’t Need the G7

Jeffrey D. Sachs, NEW YORK – The latest G7 summit was a waste of resources. If it had to be held at all, it should have been conducted online, saving time, logistical costs, and airplane emissions. But, more fundamentally, G7 summits are an anachronism. Political leaders need to stop devoting their energy to an exercise […]

Is Globalization Harming Innovation?
Opinions

Is Globalization Harming Innovation?

Dalia Marin, MUNICH – Globalization encourages innovation, or so the conventional wisdom goes. But emerging evidence suggests that this assumption, like so many economic shibboleths, must be rethought. The conventional wisdom is based on a 1991 study by Gene M. Grossman and Elhanan Helpman, which showed that, by creating larger, more integrated markets, globalization bolstered efficiency, encouraged […]