The extent of the climate change is significantly affected by the size of the world population. A larger population increases the use of resources and more greenhouse gases are emitted. It is usually assumed the world population will continue to grow at the same pace as in the recent past. In (...)
In the last few years, the Fourth Industrial Revolution (4IR) has become one of the most investigated and discussed topics in the political and economic debate. 4IR is based on the application of new technologies, primarily digital ones, in production. Specifically, according to Boston (...)
The global economic order is changing: The free trade agreement TTIP has been put on hold; the World Trade Organisation (WTO) which held a dominant position after WWII with its multilateral rules has lost influence; the US, the EU and China are threatening each other with higher tariffs one (...)
Economists use the per capita Gross Domestic Product (GDP) as the main indicator of the level of material well-being achieved by a country. The GDP is the cake with which we feed ourselves; the portfolio to draw on to meet our material needs. In recent years, there have been many critical (...)
The European Commission handed Google a record-breaking €4.3 billion fine and demanded major changes to its business model over alleged competition abuses on its Android mobile operating system. The Competition Commission claimed Google was abusing manufacturers to “cement its dominant position” (...)
In order to achieve a satisfactory degree of socio-economic cohesion, the European authorities have long recognized the importance of convergence in per capita levels of Gross Domestic Product (GDP). As the fulfilment of this objective requires that relatively poor regions exhibit per capita (...)
This open letter, addressed by 154 German economists against the Euro zone reform proposed by France, passed all but unnoticed. These well-known economists warn against a Europe led by a European Minister of Finances and the European Central Bank. In contrast with the French proposal, the (...)
To help understand the genuinely transformative business technology of blockchain in the context of cryptocurrency hype, Wharton professor David Werbach encourages the distinction to be drawn between three frequently confused concepts:
1. Cryptocurrencies such as Bitcoin, which are simply (...)
The Heathrow Expansion
On the night of the 25th of June, the UK Parliament voted in favour (415 to 119) of the £14bn expansion of Heathrow airport in London. This decision represents the latest episode in a decade-long national debate on the creation of third runway at Heathrow. Those is (...)
WP 2018-06. Executive Summary.
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