China and India, with their high economic growth trajectories, offer the planet a significant opportunity to reduce carbon emissions provided they invest in climate-smart infrastructure. The globe is also becoming increasingly water stressed. Understanding the energy-water-climate nexus is critical to achieving sustainable development. Chapter in Book, "Climate Change," Nov 2012.
Themes: Economics, Development, Infrastructure
Targeting the Future: Smarter, Cleaner Infrastructure Development Choices.
Cities as Opportunity and Threat.
Urbanization is a significant driver of future economic opportunities and growth in developing countries. This brief explores the underlying characteristics of cities and their growth prospects given the emerging science and theory of cities. Dr. Geoffrey West of the Santa Fe Institute offers insights about his breakthrough research revealing the "universals" of cities and how we should be positioning cities in the future.
Sustainable Growth for China: When Capital Markets and Greener Infrastructure Combine.
The world’s economic system and ecosystem have everything to gain by teasing apart the infrastructure and climate change-related issues for China. The Chinese Economy, Sept/Oct 2011.
Australian Floods Impact on Asian Trade
Backwash from the floods which ravaged Australia in late December and early January is now rippling through the global coal trade like a tsunami. Lloyd's List op ed, Jan 2011.
Research about infrastructure development in India, in conjunction with a capital market approach, was presented. Leaders from Iraq visited the US to learn about infrastructure development. The research by Dr. Chen and I was identified as relevant for their investigation. This included a preview of new research about China's energy and water infrastructure needs given potential climate change challenges. Received "Citizen Diplomat" recognition from U.S. Department of State.
Paving the Path for India's Growth
Utilizing global capital markets and the private sector is the way forward for greater efficiency, transparency, and proper incentives. India is perfectly poised to leverage a new market-based approach for sustainable infrastructure development to the benefit of its economy, the Indian public, and global investors. (Far Eastern Economic Review, March 2008 with co-author Dr. Andrew Chen.)
Complementing Economic Advances in India: A New Approach in Financing Infrastructure Projects
The proposed global capital market approach coupled with financial innovations could help smooth the frictions, which lie at the root of India's infrastructure development problems. Published in Journal of Structured Finance (summer 2007) with co-author distinguished finance professor Andrew Chen. Provided upon request.
Sustainable Development for India: Solving the Infrastructure Puzzle.
Adapted version of JSF paper. (unpublished manuscript)
Unleashing Latent Potential in Africa: Removing the Barriers in Financing Infrastructure
Discusses how the need for infrastructure development inhibits growth and private sector involvement. A new approach to financing large-scale projects is revealed with implications for the international financial community and policymakers. Entered in the 2006 International Finance Corporation/Financial Times research paper competition.
Globalization's New Equations: Finding Order in Chaos
Discusses the events which have given globalization its forward thrust, countries' responses, and how policymakers need to recognize and adapt to the new economic conditions and challenges. (Feb 2006)
Wall Street Journal Editor's Pick
for commentary about Europe's competitive position.
Surveying the New Landscape of Monetary Policy Changes
Explains how globalization is changing the way in which businesses and countries conduct themselves, with particular attention to its impact on monetary policy. The US economy, technological advances and competition are highlighted as well. (Aug 2005)