Is the electric grid ready for the era of decarbonization? Nonresident scholar Julie A. Cohn explains why new inverter technology could prove vital for preventing outages and grid instability.
An investment strategy that generates financial returns while directing funds to entities providing goods and services to the poor is making headway in Latin America.
As Congress resumes work this spring on a bill granting Trade Promotion Authority to President Obama for completion of the Trans-Pacific Partnership trade pact, many members have sought inclusion of a chapter on currency manipulation. Currency manipulation is a legitimate concern. However, countermeasures require clear, objective identification of currency manipulation. Both the IMF and the U.S. Treasury Department have mandates to identify currency manipulation, yet neither has done so in the past 20 years. If it can be done, why has it not happened more often?
In this issue brief, Russell Green, Will Clayton Fellow in International Economics, reviews the difficulties of operationalizing a currency manipulation chapter and argues that the difficulty of identifying currency manipulation suggests serious political obstacles to implementation.
This issue brief identifies the four main reforms that the new Prime Minister Narendra Modi’s government must undertake to revive the manufacturing industry in India.
Impact investments — investments made with the intention to generate a social and environmental impact alongisde a financial return — have gained momentum both in developed and developing countries in recent years.