Development and Economic Growth

BY ADITI KUMAR Donald Trump declared last week that he “doesn’t mind” starting a trade war with Mexico “when we’re losing $58 billion a year.” Not only is this a gross mischaracterization of our trade relationship, it also suggests a trade policy that will harm U.S. economic and political interests. Clearly, many aspects of U.S. […]

BY LESTER ANG John Hemke (not his real name) runs an international consultancy that advises Southeast Asian governments on strategies to develop their fishing industries for export. Hemke has been doing this for the past two decades, and he often describes his recent encounters with the respective fishery officials as nothing short of déjà vu. […]

As I write this from Nairobi, Kenya, we are still basking in the warm and rosy glow of something approaching love as we remember with fondness President Obama’s recent visit. One of the big-ticket items during the President’s visit was his attendance of the seventh edition of the annual Global Entrepreneurship Summit. Of course, most […]

In Fall 2015, JMEPP Co-Editor-in-Chief Kristin Wagner interviewed Hedi Larbi, Former Minister of Economic Infrastructure and Sustainable Development and a visiting scholar at the Middle East Initiative at Harvard’s Belfer Center. Below is an excerpt from the interview on the role of international monetary institutions in contributing to Tunisia’s future prospects. Other topics covered include measuring Tunisia’s success […]

BY KAVI PATEL Backed by a 10-0 vote at the December 2015 Federal Open Market Committee Policy meeting, the Federal Reserve decided to increase the target Federal Funds interest rates by .25 percent for the first time since 2006. Chair Janet Yellen reaffirmed her confidence in the U.S. economy in a press conference that followed, and […]

There are more refugees in the world today than ever before, according to the Office of the U.N. High Commissioner for Refugees. The UN figures show that roughly 60 million people were forcibly displaced in 2014. The UN report says the number of individuals forced to leave their homes due to conflict and persecution increased […]

Growing up in the 80’s, it was common for low-income households to visit the city once a month to buy their supply of groceries. The corner stores catered for their grocery needs throughout the month. For the business owner, your typical customer was not the most sophisticated. You knew your customers by name and you […]

Time and again, experts have warned that oil and gas deposits will soon be depleted. Although the jury is still out on whose opinion regarding when this may happen will eventually prevail, the inevitability of this event is not in question. In any case, coal supplies will last humanity for centuries. It thus appears that […]

A proposed plan for the development of Mumbai, India’s financial capital, misses the opportunity to create affordable housing. BY SHANOOR SEERVAI You can judge a city by how its poor live, architect Kamu Iyer writes in his recent book tracing Mumbai’s development since the 1940s. By this measure, India’s financial capital fares dismally. The price […]

BY ANDREW DEYE This piece appeared in our 2015 print journal. You can order your copy here.  POLICY ISSUE OVERVIEW The United States, once a global leader in infrastructure competitiveness, now ranks 16th.1 The decline shows no signs of abating as federal, state, and local funds for infrastructure remain constrained, and government resources remain centered on […]

  Abstract The Persian Gulf states have positioned the Middle East as a pivotal player in global aviation. Long-haul carriers, such as Emirates, Qatar Airways, and Etihad Airways, are exploiting the region’s unique geographic location and airport hubs to capture air traffic flows between emerging markets around the world. Meanwhile, low-cost carriers, like Air Arabia […]

Overview Kenya can be one of Africa’s success stories. Its outlook is one of hope and positive prospects, with huge development opportunities combined with substantial challenges. It holds great potential including from its expanding and youthful population; dynamic private sector; a platform for change laid down by the new Constitution and recent peaceful elections; and […]