Given that much of the global leadership in value creation over the past couple of decades has been driven by the Silicon Valley model – not only a geographic region but a distinct ecosystem of...

This paper is examines the evolution of Japan’s capital markets and the related regulatory reforms after the Global Financial Crisis.

Abstract: The paper summarizes and evaluates our current understanding of relations between democracy and economic growth and analyzes the mechanisms of the causality from democracy to growth....

"Old while not affluent" situation, together with an unsustainable high investment rate and high dependency on foreign trade, spurs hot debates on the challenges of a fast-aging population and the...

This paper analyzes the causes, responses, and consequences of the Fukushima nuclear power plant accident (March 2011) by comparing these with Three Mile Island (March 1979) and Chernobyl (April...

This paper was prepared for Stanford University’s Global Food Policy and Food Security Symposium Series, hosted by the Center on Food Security and the Environment, and supported by the Bill and...

This paper was prepared for Stanford University’s Global Food Policy and Food Security Symposium Series, hosted by the Center on Food Security and the Environment, and supported by the Bill and...

Executive SummaryNatural gas can offer substantial environmental, energy security, and convenience advantages over competing fuels such as coal and oil.   Gas is relatively abundant in the world,...

Abstract As human life expectancy continues to rise, financial decisions of aging investors may have an increasing impact on the global economy.

China's coal market is now in the midst of a radical restructuring that has the potential to change how coal is produced, traded and consumed both in China and the rest of the world.  The...

As the Doha Development Round trade negotiations have stalled, bilateral and regional free trade agreements have become an important alternative.