Climate change is expected to increase problems such as malaria, hunger, water shortage and coastal flooding. In a series of studies, Indur Goklany of the U.S. Department of Interior’s Office of Policy Analysis examined the relative benefits and costs of mitigating carbon emissions versus adapting to climate change. He concludes
International law misunderstands the way the world works and provides unstable legal bedrock for many international institutions, says Weekly Standard contributor Thomas Meaney.
The dominant academic theory of international law holds that states comply with the law because it is legally binding and morally right; even if it is not in
Recently, the amount of financial support the United States provides to poor nations has been questioned, but most discussions are distorted by the fact that arguments take into account only the simplest measure of assistance: official government aid, says American Enterprise.
For European and other “rich” nations, government aid is the
Most economic literature finds that financial development produces faster economic growth, but it has been unclear whether it also shrinks poverty. A new paper from the National Bureau of Economic Research finds that financial development helps the poor as well as the rich.
The authors used data on the economies
Trade liberalisation can increase exports, strengthen economies and bring in new technologies that will allow entrepreneurs to compete with the world’s most efficient suppliers, says Foreign Policy’s Arvind Panagariya.
The development paths chosen by South Korea and India are good examples of the effects of trade liberalisation, he says.
South Korea
The South African Department of Health and a group of pharmacists were ready to begin work on a new medicine dispensing fee, both parties said after a Constitutional Court judgment on Friday.
The laws previously capped the dispensing fee at between 16% and 26% of the price of a medicine, which
