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Join Professor Jeffrey Sachs and economist Francisco Rodríguez as they discuss Prof. Rodriguez’s newest publication, The Human Consequences of Economic Sanctions. Prof. Rodriguez is an…
Date Uploaded
14 August, 2023
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Islamic social finance can be defined as “the branch of Islamic finance where the products and services offered are designed to achieve social goals with or without profit”.
There is a…
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Webinar 5 Siena International School of Sustainable Development 2022
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Michael Ross, a professor at UCLA, answer questions on the ethics of importing natural resources from countries without strong regulations, the political factors that influence resource extraction,…
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How to deal with the backlash against globalization? This video is licensed under the CC BY-NC-SA license.
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This chapter introduces the four key drivers of industrialization: 'the basics', exports, capabilities and clusting/agglomerations, how 'the basics' are an essential foundation…
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This chapter explores what the donor community could do to support industrialization in Africa, ideas for fixing 'Aid for Trade', and the role China can play. This video is licensed under…
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This chapter describes why the concept of sustainable development is so important, why it is so important that we orient towards the three objectives of prosperity, social fairness, and environmental…
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This chapter discusses the social foundations for the planetary boundaries. This goes back to the Brundtland Report of 1987, which defined sustainability as a relationship between humans and nature.…
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In this chapter, Cristina Villegas provides a summary of artisanal mining. Now, a lot of mining specialists are focusing on formalization, legalization, professionalization, and increased market…
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This chapter talks about net borrowing and net saving by a country. In a closed economy, saving equals investment, but in an open economy, domestic businesses can invest heavily even if residents…
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This chapter focuses on exchange rates and how they impact aggregate demand management in an open economy. It makes use of the C + I + G + (X - M) = GDP formula of the net trade balance in the…
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In this chapter, Professor Sachs discusses international trade and how it is affected by the exchange rate, which is in turn affected by financial flows and the differences of interest rates at home…
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This chapter begins by explaining the impact of aggregate demand in an open economy, via fixed and flexible exchange rates. In a fixed or pegged exchange rate, the central bank doesn’t allow…
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This chapter discusses the real exchange rate and the role of non-traded goods. The real exchange rate is a measure of a country’s competitiveness, defined through a simple equation. The Big…
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This chapter focuses on the purchasing power parity (PPP) and the interest rate arbitrage. Professor Larraín begins by explaining the law of one price, which states that a good must cost the…
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