World
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The Politics of Economic Growth and Stability
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Legislative oversight is more significant to economic and political stability than electoral accountability.
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Understanding ‘Home Bias’ in the Global Stock Market
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Stock price data for a set of Chinese firms highlight the effects of information asymmetry created by differences in social trust between local and foreign investors.
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Talking Peruvian Development with Miguel Castilla, Peru’s Former Minister of Economy and Finance
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Considering Peruvian aggregate figures, we can see high GDP growth rates and exports, as well as significant poverty reduction during the last 15 years. However, regions such as Huancavelica, Ayacucho, and Cajamarca, to mention a few, are not performing well at all. They still have very high poverty rates, between…
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Mutual Interests: Why Myanmar Embraced FATF Regulations
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A new study suggests Myanmar’s domestic policy goals, not international condemnation, drive adherence to international financial regulations.
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How Dictators Adapt to Modernity
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Economist Sergei Guriev and political scientist Daniel Treisman utilize informational theory to articulate the way in which modern dictators survive in an age of mass information and globalization.
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A Tripartite Alliance for Hukou Reform
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Although earlier hukou reforms benefited rural residents by allowing them to seek employment and business opportunities in the city, recent hukou reforms have served as a wheel of agrarian capitalism, the purpose of which is to lure or force rural residents to leave land for city and to open up…
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Americans (still) don’t understand the Middle East. This man wants to help.
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CPR sits down with Dr. Mordechai Kedar, an Israeli academic and veteran of IDF intelligence, to discuss the causes of conflict in the Middle East and what might resolve them.
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All Business: Wanxiang America’s Pin Ni Discusses the New US-China Relationship
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Wanxiang America President Pin Ni shares his insights as a businessman and practitioner on the US-China relationship.
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The Economic Impact of Frugality: Evidence from Tobacco Farmers in Malawi
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Tobacco farmers in Malawi were offered a direct-deposit savings account, which yielded significant positive impacts on their financial behavior and increases in their agricultural outputs. These results suggest a potential driver for economic growth and poverty reduction in the region.
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Time for China to Embrace Property Tax?
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Chinese local government’s revenue dependence on land granting is no longer sustainable due to exhausted land resources, distorted profit distribution, and rampant sprawl development. Property tax might solve the problem.
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50 Years of Progress: Moving Toward Full Human Rights and Economic Empowerment for Women
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Special release of original essay written by Hillary Clinton for the Chicago Policy Review in 1999 on international women’s rights and economic empowerment.