Aspects of the prevailing global economic environment have not been conducive to rapid progress on Sustainable Development Goal 9. While financing for economic infrastructure has increased in developing countries and impressive progress has been made in mobile connectivity, countries that are lagging behind, such as least developed countries, face serious challenges in doubling the manufacturing industry’s share of GDP by 2030, and investment in scientific research and innovation remains below the global average.

Going Green in China: Firms’ Responses to Stricter Environmental Regulations

This paper examines the effect of stringent environmental regulations on firms' environmental practices, economic performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim…

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How artificial intelligence will affect the future of energy and climate

Artificial intelligence helps make markets more efficient and easier for analysts and market participants to understand highly complex phenomena—from the behavior of electrical power grids to climate change. There is…

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Fiscal Stimulus and Household Debt: Evidence from Thailand’s First-Car Buyer Tax Rebate

This paper examines the extent to which a fiscal stimulus through car loans induces financial distress. Using data to study the impact of Thailand’s first-car-buyer tax rebate scheme at both…

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Reviving America’s Forgotten Innovation System: Fostering US Growth through Incremental Product and Process Innovation

Everyone in Washington agrees on the need to promote “innovation” to ensure economic prosperity. However, high levels of unemployment have eroded confidence in the ability of our innovation system to…

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Unintended Effects of Residential Energy Storage on Emissions from the Electric Power System

In many jurisdictions, policy-makers are seeking to decentralize the electric power system while also promoting deep reductions in the emission of greenhouse gases (GHG). We examine the potential roles for…

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