School choice encompasses a variety of programs run by the U.S. government that allows parents to choose a school other than their local publicly funded school. Wealthy parents have been able to afford choices in education for a very long time. Now it is time that we allow poorer citizens to choose an education that best fits the needs of their children. School choice will allow this to happen.
Inflation During the Pandemic: Is ‘Transitory’ a Myth?
July 19, 2022
Caused by pent-up demand and intense supply disruptions, inflation has risen to its highest level in decades. As the specter of “entrenched inflation” looms, central banks must use monetary policy sensibly without overreacting. Central banks should allow time for overheated demand and supply disruptions to ease, lest the world’s advanced economies face their hardest landing yet.
U.S. vs. China? Cooperation in Telecommunications in East Africa
May 3, 2022
Some Western political strategists suggest a “Tech Cold War” is playing out in Africa between China and the U.S. Based on case studies from Ethiopia and Kenya, this perspective neglects the actual state of affairs. Instead of searching for “China-free” actors, the West should take the rationale of each project as a yardstick to stay engaged and relevant in the emerging African information and communications technology sector.
Devolved Governance: Enhancing the Resilience of Cities
March 9, 2022
This article explores the advantages of devolved governance in city planning instead of a centralized approach. Transferring decision-making power from central government to the local level can equip cities with the flexibility to respond to critical policy areas such sustainable infrastructure and quality social housing.
The Dangerous Depoliticization of Economic Numbers
February 26, 2018Economic Policy
Daniel DeRock exposes the shaky foundations of macroeconomic statistical methods – from GDP figures to debt measurement – and argues for a fundamental rethinking of how scholars and policymakers engage with quantitative indicators.
RE: Divide and Rule
February 22, 2018European Policy
The EU should be wary: China bought its way into Cambodia to undermine the coherence of the region’s prime institution, ASEAN – and a similar strategy is being applied in the Union’s periphery. Here’s how Brussels can dodge history’s boomerang without compromising on its strategic interests vis-à-vis its ever-closer Eastern Neighbor.
Blockchain and the Fight Against Illicit Financial Flows
February 19, 2018Development and Global Health
Illicit financial flows have staggering consequences for global health and development in the world’s poorest countries. Existing policies address this issue but their success is limited by a paradigm of centralization. Blockchain and mobile technologies have enabled new policy possibilities around a paradigm of decentralization and disaggregation to a wider range of stakeholders.
Public Credit Scores – A Weapon Against Debt Accumulation?
February 9, 2018Economic Policy
Debt fueled consumption lay at the heart of the global financial crisis of 2008. Now ten years later, rising household debt in developed economies remains a significant issue. In this article Babatunde Valentine Onabajo proposes a novel solution: making individual credit scores public.
Babatunde Valentine Onabajo
Fossil Fuels: The Case For Ending Producer Subsidies
February 2, 2018Energy and Environment
Fossil fuel subsidies are bad. Bad for government budgets. Bad for the economy. And bad for the climate. While reform efforts have focused on cutting consumer subsidies, those for production remain prevalent. To realize global climate ambitions, the G20 has to get serious and end producer subsidies.
The Leontief Strategy of Trade Negotiation
January 31, 2018Economic Policy
International trade is under strain and backward-looking trade negotiation strategies play a role in building up this pressure. Drawing on the World Input-Output Database, Andrea Andrenelli adopts a global Leontief approach and develops three indices to make trade policymaking fit for the era of global value chains.