Search for tag: "trade"
Conversation with Francisco Rodríguez, The Human Consequences of Economic SanctionsJoin 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…
From SDG Academy
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Introduction to Islamic Social FinanceIslamic 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…
From SDG Academy
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Q&A | Michael Ross | 2016 Sep. 22Michael 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,…
From SDG Academy
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Q&A: How to deal with the backlash against globalization?How to deal with the backlash against globalization? This video is licensed under the CC BY-NC-SA license.
From SDG Academy
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Drivers of industry: exports and the basicsThis chapter introduces the four key drivers of industrialization: 'the basics', exports, capabilities and clusting/agglomerations, how 'the basics' are an essential foundation…
From SDG Academy
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An agenda for aidThis 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…
From SDG Academy
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Why Sustainable Development is Important: Happiness and WellbeingThis 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…
From SDG Academy
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Social Foundations for Planetary BoundariesThis 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.…
From SDG Academy
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Key Opportunities and the Way ForwardIn 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…
From SDG Academy
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The Current Account and External IndebtednessThis 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…
From SDG Academy
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The Aggregate Demand in an Open EconomyThis 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…
From SDG Academy
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Aggregate Demand with Flexible Exchange RateIn 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…
From SDG Academy
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Aggregate Demand with Fixed Exchange RateThis 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…
From SDG Academy
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The Real Exchange Rate and the Role of Non-Traded GoodsThis 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…
From SDG Academy
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PPP and Interest Rate ArbitrageThis 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…
From SDG Academy
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