scholarly journals World Turned Upside Down: Entrepreneurial Decline, Its Reluctant Myths and Troubling Realities

2019 ◽  
Vol 5 (2) ◽  
pp. 22 ◽  
Author(s):  
Philip Cooke
Keyword(s):  
Emerging Economies ◽  
High Tech ◽  
Great Success ◽  
The European Union ◽  
Productivity Paradox ◽  
The Past ◽  
Advanced Economies ◽  
The Us ◽  
Policy Field ◽  
Start Ups

The aim of this paper is to attempt to understand why the popular academic and policy field of promoting, studying and evangelising “entrepreneurship” should have been associated with great success but, in the past twenty years or more in many advanced economies, so much failure. From the US to lesser and developing countries, emerging economies and the European Union, entrepreneurship, especially in regard to start-ups and particularly high-tech start-ups, has been in constant more or less recent decline. This is seldom registered in the mainstream literature where a positive and benign profile is generally presented. The paper examines this phenomenon, ties it partly with the “productivity paradox” and seeks tentative hypotheses in relation to the apparent illusions if not delusions regarding “entrepreneurship”.

scholarly journals World Turned Upside Down: Entrepreneurial Decline, Its Reluctant Myths and Troubling Realities

2019 ◽  
Author(s):  
Philip Cooke
Keyword(s):  
Emerging Economies ◽  
High Tech ◽  
Great Success ◽  
The European Union ◽  
Productivity Paradox ◽  
The Past ◽  
Advanced Economies ◽  
The Us ◽  
Policy Field ◽  
Start Ups

The aim of this paper is to attempt to understand why the popular academic and policy field of promoting, studying and evangelising “entrepreneurship” should have been associated with great success but, in the past twenty years or more in many advanced economies, so much failure. From the US to lesser and developing countries, emerging economies and the European Union, entrepreneurship, especially in regard to start-ups and particularly high-tech start-ups have been in constant more or less recent decline. This is seldom registered in the mainstream literature where a positive and benign profile is generally presented. The paper examines this phenomenon, ties it partly with the “productivity paradox” and seeks tentative hypotheses in relation to the apparent illusions if not delusions regarding “entrepreneurship”.

BP Global Energy Outlook 2030

2013 ◽  
pp. 109-128 ◽  
Author(s):  
C. Rühl
Keyword(s):  
Emerging Economies ◽  
Energy Demand ◽  
Fossil Fuels ◽  
Net Energy ◽  
Global Energy ◽  
The Past ◽  
Market Shares ◽  
The Us ◽  
Almost All ◽  
Oil Gas

This paper presents the highlights of the third annual edition of the BP Energy Outlook, which sets out BP’s view of the most likely developments in global energy markets to 2030, based on up-to-date analysis and taking into account developments of the past year. The Outlook’s overall expectation for growth in global energy demand is to be 36% higher in 2030 than in 2011 and almost all the growth coming from emerging economies. It also reflects shifting expectations of the pattern of supply, with unconventional sources — shale gas and tight oil together with heavy oil and biofuels — playing an increasingly important role and, in particular, transforming the energy balance of the US. While the fuel mix is evolving, fossil fuels will continue to be dominant. Oil, gas and coal are expected to converge on market shares of around 26—28% each by 2030, and non-fossil fuels — nuclear, hydro and renewables — on a share of around 6—7% each. By 2030, increasing production and moderating demand will result in the US being 99% self-sufficient in net energy. Meanwhile, with continuing steep economic growth, major emerging economies such as China and India will become increasingly reliant on energy imports. These shifts will have major impacts on trade balances.

Macro-Fiscal Implications of Health Care Reform in Advanced and Emerging Economies

Policy Papers ◽  
2010 ◽  
Vol 2010 (113) ◽  
Author(s):  
Keyword(s):  
Public Health ◽  
Health Care ◽  
Emerging Economies ◽  
Health Spending ◽  
Public Health Spending ◽  
The Past ◽  
Advanced Economies ◽  
Analytical Approaches ◽  
Fiscal Implications ◽  
Specific Health

This paper provides an analysis of the developments in public health spending over the past 40 years, as well as projections of public health spending for 50 advanced and emerging countries over 2011–50. The paper also quantifies the effects of specific health reforms on the growth of public health spending in advanced economies by drawing on a range of analytical approaches, including country case studies. The challenges facing emerging economies as they seek to expand coverage of health care in a fiscally sustainable manner are also examined

Beware of Chinese Bearing Gifts

2019 ◽  
pp. 345-359 ◽  
Author(s):  
Sophie Meunier
Keyword(s):  
Direct Investment ◽  
The United States ◽  
The Political ◽  
The European Union ◽  
Developed Economies ◽  
Chinese Investment ◽  
The Past ◽  
The Us ◽  
The Future ◽  
Labour Standards

The exponential growth of Chinese direct investment has been accompanied in some cases by controversy and even resistance, both in developing and in developed economies. Around the world, critics have expressed fears and denounced some of the potential dangers of this investment, such as lowering of local labour standards, hollowing out of industrial core through repatriation of assets, and acquisition of dual use technology. Alarmist media headlines have warned against a Chinese takeover of national economies one controversial investment deal at a time. The ensuing political backlash has often received considerable media attention and increased scrutiny over subsequent deals. What explains the political challenges posed by the spectacular explosion of Chinese direct investment over the past few years in the United States (US) and the European Union (EU)? How and why have attitudes and policies in the West changed over the past decade towards Chinese FDI? This chapter considers two alternative explanations for the political challenges triggered by Chinese investment in Western countries. The first is that Chinese FDI causes political unease because of its novelty. The second is the perception that there is something inherently different about the nature of Chinese FDI and therefore it should not be treated politically like any other foreign investment. These two explanations lead to a different set of predictions for the future of Chinese FDI in Europe and the US. The first section analyses how the novelty of Chinese FDI may pose political challenges to Western politicians and publics and compares the current phenomenon with past instances of political problematic sources of FDI. Section II examines the argument that there is something inherently different about Chinese FDI, notably as stemming from an emerging economy, a unique political system, and a non-ally in the security dimension. The third section explores the domestic political context in which these challenges are raised: in Europe, the euro crisis and the rise of populism; in the US, the focus on geopolitical competition and the rise of economic nationalism. The conclusion raises some implications of these political challenges on the future of Chinese outward investment.

scholarly journals The Role of Political Culture in Shaping Canadian, EU and US Disarmament Initiatives

2007 ◽  
Vol 3 (3) ◽  
Author(s):  
Rouba Al-Fattal
Keyword(s):  
Political Culture ◽  
Soft Power ◽  
The European Union ◽  
Security Issues ◽  
The Past ◽  
The Us ◽  
Foreign Policies ◽  
Eu And Us ◽  
The Eu

Canada and the European Union (EU) share, to a certain extent, a similar political culture, one based on multilateralism and the use of soft power. Nevertheless, over the past fifteen years Canada has been sometimes adopting disarmament policies that are similar to those of the EU and different from those of the US, while in other times it has been adopting policies that are similar to those of the US and different from those of the EU. This indicates that similarity in political culture alone is not sufficient enough to create convergence on foreign policies and that certain conditions must first be met for political culture to take precedence over neorealist explanations when dealing with security issues. Using Canadian, EU and US decisions on the issues of anti-personnel landmines and Iranian nuclear proliferation dilemma as case studies, this article analyses the conditions under which political culture plays a role in forming similar security policies.

scholarly journals The US Foreign Investment Regulation: Trade War Restrictions

2020 ◽  
pp. 31-41
Author(s):  
Pavel A. Aksenov
Keyword(s):  
United States ◽  
National Security ◽  
Foreign Investment ◽  
The United States ◽  
Security Requirements ◽  
High Tech ◽  
Foreign Investors ◽  
The Past ◽  
The Us ◽  
Leading Position

Over the past several years, the United States has taken a leading position in the world in attractiveness to foreign investors, largely due to the policy of favoring foreign investment and the absence of significant restrictions on incoming FDI. Currently the United States are trying to find a balance between openness to foreign investment and emerging issues related to the economy and national security. As a result of the adoption of the Foreign Investment Risk Review Modernization Act in 2018, the authority of the US Foreign Investments Committee was significantly expanded and the requirements for transactions were tightened, in particular, monitoring and verification of compliance with national security requirements. Despite the fact that these measures affected all incoming FDI in the United States, they are primarily an instrument of competition between the United States and China. Restrictions on outbound investment by China, as well as new requirements on the part of the United States, have significantly reduced the flow of FDI from China to the United States, especially in high-tech industries and infrastructure projects. Meanwhile, the US direct investment in China has remained stable over the past few years. In addition, there are some industry regulations on the share of foreign investors in the capital of energy companies, broadcasting companies, banks and others. Investment relations between the two countries, according to the investors, despite political and trade contradictions, remain quite close.

scholarly journals Does monetary policy in advanced economies have differentiated effects on portfolio flows to emerging economies?

2020 ◽  
Vol 2 (3) ◽  
pp. 25-70
Author(s):  
Marco Hernandez
Keyword(s):  
Monetary Policy ◽  
Euro Area ◽  
Emerging Economies ◽  
Foreign Portfolio Investment ◽  
Portfolio Flows ◽  
Advanced Economies ◽  
The Us ◽  
The Uk ◽  
Us Monetary Policy ◽  
Differentiated Effects

This work analyzes whether the monetary policy in advanced economies (the US, the euro area, and the UK) had differentiated effects on portfolio flows from these countries toward EMEs. The results show the following: First, US monetary policy had a bigger impact on bond and equity investment to EMEs than the euro area or UK monetary policy. Second, investors' response to US monetary policy was mostly homogeneous. Among EMEs regions, foreign portfolio investment to Emerging Europe and Latin America was more volatile that than to Emerging Asia, probably because other factors such as investors' preference (in the case of bond flows) or expectations of firms' profits (in the case of equity flows) could play an important role in investors' decisions. These results could be useful for policymakers from EMEs as a benchmark to anticipate differentiated effects in portfolio flows caused by advanced economies' monetary policy.

scholarly journals Achieving a ‘Good AI Society’: Comparing the Aims and Progress of the EU and the US

2021 ◽  
Vol 27 (6) ◽  
Author(s):  
Huw Roberts ◽  
Josh Cowls ◽  
Emmie Hine ◽  
Francesca Mazzi ◽  
Andreas Tsamados ◽  
...  
Keyword(s):  
The United States ◽  
Opportunity Costs ◽  
The European Union ◽  
Policy Documents ◽  
The Past ◽  
Transatlantic Cooperation ◽  
The Us ◽  
The World ◽  
Key Policy ◽  
The Eu

AbstractOver the past few years, there has been a proliferation of artificial intelligence (AI) strategies, released by governments around the world, that seek to maximise the benefits of AI and minimise potential harms. This article provides a comparative analysis of the European Union (EU) and the United States’ (US) AI strategies and considers (i) the visions of a ‘Good AI Society’ that are forwarded in key policy documents and their opportunity costs, (ii) the extent to which the implementation of each vision is living up to stated aims and (iii) the consequences that these differing visions of a ‘Good AI Society’ have for transatlantic cooperation. The article concludes by comparing the ethical desirability of each vision and identifies areas where the EU, and especially the US, need to improve in order to achieve ethical outcomes and deepen cooperation.

Models, markets, and power: political economy and the Asia-Pacific, 1989–1999

2000 ◽  
Vol 26 (4) ◽  
pp. 493-507 ◽  
Author(s):  
MICHAEL MASTANDUNO
Keyword(s):  
Political Economy ◽  
Emerging Economies ◽  
Domestic Politics ◽  
The United States ◽  
Asia Pacific ◽  
The Past ◽  
The Us ◽  
Us Hegemony

The political economy of the Asia-Pacific region has been transformed over the past decade. Three important developments are (1) the demise of the US–Japan economic rivalry and the associated competition over the most appropriate model of capitalism; (2) challenges to the ‘Washington Consensus’ on the optimal foreign economic strategy for emerging economies; and (3) the renewal of US hegemony in the context of a unipolar international structure. An understanding of these developments requires attention to the interaction of international and domestic forces. These developments suggest that a major challenge facing governments in the region will be to manage the tension between the state and the market. They also suggest that the United States is well positioned to play the role of regional stabilizer in the Asia-Pacific. Whether it does so effectively will depend on its domestic politics and the quality of its statecraft.

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