Pyongyang's nuclear advance will continue

Significance The claim that it is a miniaturised hydrogen bomb is less plausible. Impacts Scheduling nuclear tests now seems to be less about tactical timing than about maximising the speed of progress. UN and bilateral sanctions will tighten at the margins, but this will not be a game-changer. China will seek new ways to hurt Pyongyang, but will not change its basic strategy of propping up the regime.

Significance China’s entry would be a game-changer. Its economy is larger than all the current CPTPP members' combined, and Beijing would gain another platform for implementing its policies on trade, investment, economic cooperation and regional development. Impacts Enlargement can significantly enhance the partnership’s economic effect for its member nations. Expansion prospects increase the incentive for other nations to apply, such as South Korea, Thailand, Indonesia and the Philippines. Washington will be involved indirectly, influencing how China's application is handled and buffering pressure vis-a-vis Taiwan.


2020 ◽  
Vol 12 (2) ◽  
pp. 93-108 ◽  
Author(s):  
Jan Veuger

Purpose A first exploration of the impact of blockchain on real estate in the Netherlands took place in 2017. In the follow-up, several blockchain and real estate studies have appeared with research on real estate and blockchain worldwide. In view of the previous research, the question remained as to what is now happening worldwide in the field of blockchain and real estate. This has resulted in the start-up of the Foundation for International Blockchain and Real Estate Expertise (FIBREE) network. This network has led to the launch of two investigations: Industry Report Blockchain Real Estate 2019 on exploration of international products and a database exploring blockchain and real estate on exploring (inter)national research. This paper aims to provides an overview and analysis of all relevant scientific publications – targeted on the Netherlands – and does so within a context of a first small international exploration of international research, experts and products – in particular land registration. Design/methodology/approach I have asked everybody at the Regionals Chairs of FIBREE to collect data with info about which blockchain and real estate product-suppliers or initiatives do you see, which research-output on blockchain and real estate is there and who are the experts with which specific expertise? This paper provides an overview and analysis of all relevant scientific publications – targeted on the Netherlands – and does so within a context of a first small international exploration of international research, experts and products – in particular land registration. Findings This paper provides an overview and analysis of all relevant scientific publications – targeted on the Netherlands – and does so within a context of a first small international exploration of international research, experts and products – in particular land registration. Research limitations/implications A question that remains is to continue to look at existing markets or too disruptive innovation newcomers in the blockchain market. The question is whether blockchain is only a technological disruption or a real game changer and whether the entire value chain of the market is going to embrace this. Confidence in blockchain is therefore a precondition for guiding that disruption where (new) companies use new technology to offer cheaper and superior alternatives in the market. But the big question is how quickly blockchain will develop as well as all its applications. Practical/social implications A question that remains is to continue to look at existing markets or too disruptive innovation newcomers in the blockchain market. The question is whether blockchain is only a technological disruption or a real game changer and whether the entire value chain of the market is going to embrace this. Confidence in blockchain is therefore a precondition for guiding that disruption where (new) companies use new technologies to offer cheaper and superior alternatives in the market. But the big question is how quickly blockchain will develop as well as all its applications. Originality/value A first exploration of the influence of blockchain on real estate in the Netherlands took place in 2017. In the follow-up, several blockchain and real estate studies appear with research about real estate and blockchain worldwide.


2018 ◽  
Vol 60 (5) ◽  
pp. 1210-1222 ◽  
Author(s):  
Moinak Maiti

Purpose The purpose of this study is to highlight the key challenges and opportunities that lie with some of the alternative avenues/tools to promote financial access to MSME in India. Design/methodology/approach Initially, the study discusses the scope of various alternative avenues/tools for MSME financing along with traditional bank SME credits, highlighting some of the factors that will boost the high performance and growth of MSME in future. Findings There is a dominance of domestic banks in the MSME financing over cross-border banks in India. The study finds several opportunities lie in the MSME financing for the banks and other alternative avenues/tools: friendly government policies and improving the legal system make the business environment suitable for MSME financing business. There are several obstacles like discrete presence of clients, high operating cost and low profitability, lack of proper risk management and low literacy rate that make MSME financing difficult for the SME finance business. Active government initiatives and other supporting factors will act as the game changer and promoter for the banks and other alternative avenues/tools for MSME financing. Originality/value The paper is original and brings out some valuable findings that will help the SME business clients to choose alternative access to finance.


Significance The United States has already committed, in an unprecedented deal with China in November 2014, to reducing its emissions to 26-28% below 2005 levels by 2025 (an improvement on its previous 17% goal). China in return pledged that its emissions would peak around 2030. This agreement is a game-changer for combating global climate change, since the two countries are the world's largest sources of carbon emissions, together accounting for 40% of the total, and were not covered under the now-expired Kyoto Protocol. Impacts Washington is poised to reclaim its place, lost after Kyoto, as a leader in global efforts against climate change. US-China climate cooperation initiatives could serve as templates for other developing countries. There are new opportunities for trilateral cooperation involving the EU. Fears that the bilateral agreement makes the UNFCCC obsolete are unwarranted, but it could preclude more ambitious efforts.


Significance Sirisena's victory is a potential game-changer: instead of entrenching the autocratic tendencies of his predecessor Mahinda Rajapaksa's administration, the election results hold out the promise of democratic consolidation under a new government with a robust mandate for constitutional and policy reform. However, the diversity of the coalition backing Sirisena and the sharing of power with newly appointed Prime Minister Ranil Wickremasinghe augur a period of volatility. Impacts If Tamil parties emerge as 'kingmakers' in April, governance of war-torn Northern and Western provinces is likely to be overhauled. Delhi, Washington and Brussels will welcome the political transition. Long-term growth prospects will turn on the precise rebalancing of budgetary allocations.


Keyword(s):  

Headline ARGENTINA: March of silence is not a game-changer


Keyword(s):  

Headline GREECE/EURO-AREA: Varoufakis shift is game-changer


Subject The threat to North Korea's political stability were supreme leader Kim Jong-un to die. Significance Seoul and Beijing both insist all is normal in North Korea, contrary to unattributed news reports -- which the United States and others are monitoring -- that supreme leader Kim Jong-un is gravely ill after heart surgery. Last seen on April 11, Kim missed a key anniversary on April 15. Impacts March was a record month for missile tests, but all were small; intercontinental ballistic missile or nuclear tests are too risky for now. A COVID-19 epidemic would dent lingering hopes of life improving under Kim. New prestige projects with tight deadlines will impose additional hardship. Despite sharply reduced bilateral trade, China will use back channels to ward off risk of regime collapse.


Keyword(s):  

Headline VENEZUELA: Maduro charges are not a game-changer


Significance The plan avoids new taxes on individuals, instead increasing the fiscal burden on firms. The proposed measures aim to generate COP15.2tn (USD3.9bn) in new revenue, which would be used to expand subsidies to households and firms, encourage youth employment, and guarantee tuition-free university for low-income students. Impacts The proposals will increase annual revenue by at least 1% of GDP, boosting Colombia’s historically low tax collection. The extension of social benefits may provide a modest political dividend for the government, but will not be an electoral game-changer. Future reforms will be necessary to address the structural deficit, expand the personal income tax base and improve progressivity.


Sign in / Sign up

Export Citation Format

Share Document