The Global Urban Competitiveness Project publishes periodic studies ranks 500 cities on their ability to attract and use resources to generate wealth. The cities are assessed on nine measures, including income, economic growth, innovation, jobs, prices and the presence of multinational firms.
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The International Energy Agency (IEA) acts as energy policy advisor to 27 member countries (which are essentially the world's richest nations) in their effort to ensure reliable, affordable and clean energy for their citizens. Founded during the oil crisis of 1973-74, the IEA’s initial role was to co-ordinate measures in times of oil supply emergencies. As energy markets have changed, so has the IEA. Its mandate has broadened to incorporate the “Three E’s” of balanced energy policy makin more...
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'This report argues that unless there is a collapse in oil demand within the next five to ten years, there will be a serious oil 'supply crunch' - not because of below-ground resource constraints but because of inadequate investment by international oil companies (IOCs) and national oil companies (NOCs). An oil supply crunch is where excess crude producing capacity falls to low levels and is followed by a crude 'outage' leading to a price spike. If this happens then the resulting price spike wi more...
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'The gains from trade argument is based on the principle of comparative advantage. However, this principle is predicated on 'tacit' axioms, presenting an argument which supports a proposition different to the one it purports to prove. This paper presents an alternative treatment, using a leader-follower model to show that free trade can in fact accentuate differences and growth disparities between countries.'
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'The Agreement on Textiles and Clothing (ATC) of the World Trade Organization (WTO), and the restrictions deriving therefrom, expired on 1 January 2005. This article quantifies the expected effect of the phasing out of ATC in the context of the free trade agreement between Central America, the Dominican Republic and the United States (DR-CAFTA).'
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'The high growth levels projected for China and India will make these two countries the most important pole of the global economy for the next few years, creating a market of great potential for Latin American and Caribbean exports. These markets had remained largely untapped until recently, with the exception of certain South American primary products. Latin America should strengthen its ties with the two Asian countries, inorder to increase production synergies with them.'
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'The focus of this paper is on policies that set out simultaneously to control the exchange rate and monetary conditions (an instrument interest rate, for example) in situations where capital mobility is unrestricted, there is an excess supply of international currency and the central bank sets targets for the exchange rate and interest rate.'
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