Development and Economic Growth

On March 13th, SPJ hosted its first virtual discussion of the Spring semester. It was motivated by the announcement of Singapore’s Green Plan 2030, a cross-ministry initiative promoting ‘sustainable development’ in the city-state. In light of this, the discussion centered around the tensions and tradeoffs between the environment and the economy.

We must revisit the question of alternatives to development aid. Amid the crisis of the pandemic, mutual aid, which has been utilized as a political survival tactic throughout history, has re-emerged as an alternative to institutional aid. How can this concept be applied to the development context?

The current COVID-19 pandemic has placed a stranglehold on the world economy, and China has been no exception. Significantly, these effects have rippled across many countries that have benefitted from China’s lending spree over the past two decades, and whose economies have now taken a plunge. Many, if not all, are now in desperate need […]

On January 30th, 2020, a few moments after Mexico’s Statistical Agency (INEGI) released its advance estimate of the country’s economic growth, Mexico’s President–Andrés Manuel López Obrador (AMLO)–stood in front of reporters for his daily morning press conference. It had become harder for AMLO to dodge the concerns posed by analysts and journalists about the perception of Mexico’s lack of economic growth.

Quad Research conducted a survey from 1-4 April 2020 on Singaporeans’ perceptions on a range of societal issues and how their views impact their political choices. This executive summary details some of their research findings.

Saudi Arabia, UAE and Qatar have increased their geopolitical influence in the Middle East in the last decade. In the case of Syria, the foreign policy of Gulf monarchies the past years has been on of rapprochement towards the regime of Damascus after initially opposing it firmly and funding some armed opposition groups. This article analyzes the potential economic and political implications of the return of Gulf investments in Syria. It argues that Gulf investments would have consequences on the political economy of Syria by deepening its reliance on projects in short-term profit-seeking sectors, mostly in trade, real estate and services. At the same time, significant obstacles to Gulf investments in Syria will persist.

In its 1993 report, the World Bank classified Indonesia as one of the “Asian Miracles”[1]. Indonesia was on the track towards industrialization and development. It had begun to transition from agriculture and raw commodities to manufacturing. In 2000, Indonesia’s computer export was twice the value of its palm oil export[2]. Fast forward to today, and […]

To outsiders, Minh Khai Village in Vietnam is an assault to the senses; bales of plastic waste line its streets, waterways are deluged with litter, and toxic fumes permeate the air. Minh Khai is believed to be the largest plastic waste importer in the country[1]. It is made up of more than 1000 households, which […]

Ghana’s “Year of Return”, by its very nature, was bound to gain a considerable amount of positive press in the United States. The campaign encouraged descendants of the African diaspora to visit and invest in Ghana. For African Americans who struggle to locate their ancestral roots, the “Year of Return” provided a fresh opportunity to […]

The origin story of microfinance began with Muhammad Yunus, a Professor of Economics who returned from the US to teach in his native Bangladesh. Amid high poverty rates, he found himself questioning how economic theory could address the immediate needs of the poor around him. He started experimenting with lending small sums of money to […]

“Why a Traditional Austerity Plan Would Exacerbate Lebanon’s Woes” is a piece from and first preview of JMEPP’s Spring 2020 Edition, Arab Uprisings: The Second Wave, written by our Managing Editor for Political Economy and Security, Mounir Mahmalat.   ABSTRACT Following the eruption of mass protests in autumn 2019, Lebanon’s economy sled into a deep financial and economic […]

Even at Harvard, a liberal Atlanticist bubble where the Marshall Plan was first announced, events to celebrate NATO’s 70th Anniversary celebration were sparsely attended by American students, unlike Europeans who were excited to attend. Expectations for the NATO summit scheduled this month in London were low, and organizers hoped at best to avoid new tensions […]