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Abstract The global economy is getting better. The United States could experience its second-longest expansion since 1850 and many countries are creating jobs at a healthy pace. Significant healing has taken place, but there is more to be done. Topics that deserve better attention include the...
Abstract Since 2008, we have found it incredibly difficult to achieve adequate nominal demand growth. I think a fundamental reason we found it so difficult focuses on debt overhangs, if we first allow private leverage to grow too high, we end up in a situation where the debt doesn’t go away, it...
Abstract China’s growing outward investment in Asia-Pacific is motivated by the potential for economic gains, but could also affect regional geopolitical risk. Using survey data from 2005 to 2016, we show that an increase in Chinese FDI in a country improves respondents’ perceptions of Chinese...
Abstract Despite Africa’s potential for tourism, the continent’s tourism endowments are still largely underdeveloped and underutilized. The identification and enquiry into the drivers of international tourism demand in Africa is key to any effort to understand and explain changes in tourism...
Abstract Water is and will continue to be the key natural resource of the twenty-first century in all nations, large and small. While the agricultural sector is the largest user of water, its use for human consumption and in industrial processes is truly vital. A wide variety of equipment and...
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