March 26, 2017

What the AIIB Can Learn from World Bank Shortcomings

(Photo via aiibank.org)

China pursuing the AIIB and other initiatives that do not include the US, while the TPP negotiations do not involve China, creates a risk of competing blocs and institutions. But the most likely outcome is that the world ends up with a more robust and inclusive set of institutions. Read More »

Why the US Should Worry About Oil Sector Jobs

Photo by Pete Markham, Creative Commons License)

Unfortunately, as helpful as the energy sector was in buoying the U.S. during the Recession of 2008, the energy sector may now hold down the economic expansion just as the economy is starting to pick up steam. Read More »

David V. Goliath: Small-Cap Tech To Save Giant Coal

(Photo by Ian Britton, Creative Commons License)

The first-generation mercury emission technological solutions missed the mark. Their activated carbon filtration technology was too expensive, using up to $5-$6 million per energy generating unit (EGU) per year. Overall, this brand new multi-billion sector is poised for overnight gains, with analysts predicting that the industry will outperform the S&P broader market substantially. Read More »

Pakistan, India Must Go Beyond MFN Status

(Photo by Giridhar Appaji Nag Y, CC License)

Amidst the hype around Pakistan granting India the MFN status, it must not be forgotten that in the absence of appropriate measures to address infrastructural and communication concerns, the process of trade liberalization and economic integration will remain incomplete. And not just between India and Pakistan. Bringing the trade dialogue under the SAARC umbrella would help all members to deal with common issues at one platform. Read More »

Tesla Could be Changing the Dynamics of Global Energy

(Photo by Arnold de Leon, Creative Commons License)

Effective battery storage for large amounts of energy would be a game changer in that it would enable a separation of generation and use of energy produced through clean fuels like solar and wind power. As supply costs fall, battery production costs across the industry would fall leading to increased quantity demanded by consumers and businesses. Read More »

Ethiopia’s Stellar Growth

Addis Ababa's skyline is dotted with high rise buildings. (Photo by  Laika ac, Creative Commons License)

Over the last decade, Ethiopia has emerged as one of the fastest-growing economies in Africa. Even though “double-digit” growth has become something of an official mantra, independent appraisals still put it at over 10 percent from 2003-13, double the sub-Saharan average. Growth is driven by a determined government policy of creating the conditions for development, notably through a massive level of infrastructural investment. Read More »

Oil Price War May Benefit Both US Shale and Saudi Arabia

(Photo by London Permaculture, Creative Common License)

Who will win the oil price battle, Saudi Arabia or US capitalism and shale producers? Probably both; US oil producers are taking unparalleled steps to lower their costs. By the same token, Saudi Arabia is the king of the oil markets for a reason – geologically it is essentially the perfect oil producer Read More »

Has the U.S. Reached ‘Peak Oil’ at Current Price Levels?

(Photo by Paul-W, Creative Commons License)

The depletion of tight and shale gas reserves in parts of the US at a faster rate, may lead to cost pressures down the road. If prices don't rise to offset those higher drilling costs then the US production will start declining. Read More »

Can the IMF Save Ghana’s Currency?

Ghana's currency, the cedi, has been losing its value fast. (Photo via video stream)

A cool $114 million has just found its way into Ghana’s struggling bank balance, courtesy of a new loan package with the International Monetary Fund. It’s not huge money in the grand scheme of things, but alongside the government’s own reforms – and with more IMF funds on the way – it could be just enough to rescue Ghana’s free-falling cedi and stabilize its wobbly economy. Read More »

Can Argentina Capitalize on its Vast Shale Reserves?

(Photo by Nestor Galina, Creative Commons License)

Argentina holds the world's second largest shale gas and fourth largest shale oil reserves. Yet unlike the production boom unleashed by the shale revolution in the US, its vast shale plays have remained comparatively idle. Politics and economics are largely to blame. Read More »