The surge in brain disorders is having a notable effect on the economy. Brain Capital, which takes into account cognitive and non-cognitive brain abilities as well as brain health, is becoming increasingly essential to the world's economies. This is particularly evident in light of the progression of AI technology, which is substituting positions that require minimal skills.
This paper lays out one potential step-by-step path toward decarbonizing Saudi Arabia, imagining a sweeping restructuring of a fossil fuel-driven society and economy.
Jim Krane, the Wallace S. Wilson Fellow for Energy Studies, argues that Saudi Aramco’s quest to remain the “last man standing” in global oil depends not just on its substantial cost advantages. Declining social acceptance of fossil fuel combustion suggests that Aramco’s pursuit of carbon competitiveness will assume growing importance.
The authors evaluate Argentina’s energy sector and test the hypothesis that investments in tight oil and shale gas extraction expose investors to fewer risks than extracting conventional oil and gas.
This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
Gabriel Collins, Mark P. Jones, Jim Krane, Kenneth B. Medlock III, Francisco J. MonaldiFebruary 24, 2020
Energy fellow Jim Krane investigates the strategy of “security through investment,” in which states deliberately use foreign direct investment to balance against a regional hegemon.
This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
This working paper looks at less explored climate strategies that Saudi Arabia and other producer states have taken or may take in the next few years to maintain the continuity of oil exports amid the emergence of restrictions on fossil fuels.
This working paper studies optimal taxation in a dynamic stochastic economy in which there is uncertainty about the effects of climate change. It concludes that model uncertainty has significant quantitative implications regarding optimal greenhouse gas emissions and the optimal mix of fossil fuel used.
