Economy

The Economic and Financial Effect of Demonetization

Due to technological advances, it has become easier to process payments without the use of paper currency. From PayPal to Venmo to Apple Pay, more transactions—both business and personal—are done electronically than in the past. As of 2015, 32% of all transactions in the U.S. were made using cash and 11% were made electronically. Taking…

Boosting Private Sector Confidence in Chinese Public-Private Partnerships

Since late 2013, the Chinese Central Government has been promoting and developing Public-Private Partnerships (PPP) to stimulate the economic growth. PPPs leverage private sector capital, efficiency, and innovation, while mitigating the pressures of local governments’ constrained budgets. So far, progress has been slow. Among the 7,721 projects recorded under the official PPP Comprehensive Information Platform…

The Economic Consequences of Publicly Financing Stadiums

It’s February, which means it’s nearly time for the holiest day of the American athletic year: Super Bowl Sunday. There are any number of critiques we could bring to bear about the game itself, including the shockingly small proportion of real game time relative to the event’s total duration, or the outsize ad revenues generated…

The EU, Europe, and Transatlantic Trade at a Crossroads

Just as anti-trade sentiment in the U.S. contributed to the election of Donald Trump, similar concerns have created friction and fragmentation across the Atlantic. In addition to the obvious threats Brexit posed to the EU model earlier this year, populist and nationalist fervor manifest in opposition to the Comprehensive Economic and Trade Agreement (CETA) and…

Unleashing Innovation in Latin America

Latin America is a region of untapped potential. Among the many factors transforming its configuration, rapid technology adoption and 163 million citizens—ages 15 to 29— are a promising combination for inclusive growth and development. On November 4, in a timely effort to discuss regional prospects and learn from the impact of innovations in the private,…

New Series Introduction: International Trade

A little over a month ago we ran the series introduction on prescription drug pricing. This week we’d like to introduce you to our second initiative – international trade. During this past election cycle, the topic of international trade was front and center in President-elect Donald Trump’s campaign. For Mr. Trump, job loss in the…

Interview with Governor Martin O’Malley

Senior Online Editor Shane McCarthy and Associate Interview Editor Jason Berger sit down to talk with former Governor of Maryland and Mayor of Baltimore, Martin O’Malley. The group talks about this year’s election, performance metrics for public managers, climate change, green energy, immigration policy, and labor. Make sure to subscribe to the GPPR Podcast on iTunes.