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Haas study shows how donations shape nonprofit stances and policies

Professors from UC Berkeley’s Haas School of Business have co-authored a study on how corporate donations shape nonprofit stances and government policies. ....

United States , Marianne Bertrand , Raymond Fisman , Brad Hackinen , Francesco Trebbi , Matilde Bombardini , American Association Of Pediatric Dentistry , Uc Berkeley Haas School Of Business , University Of Chicago , Boston University , Cola Foundation , Ivey Business School , Haas School , United State , American Association , Pediatric Dentistry , Coca Cola Foundation , National Association , Colored People ,

Political economy in finance | VOX, CEPR Policy Portal

Donato Masciandaro, Davide Romelli
This column reports on recent work presented at the first edition of the CEPR conference series on the Political Economy of Finance, which focused on the politics of regulation and central banking. The conference, held on 12 February 2021 and co-sponsored by three Dutch universities (Erasmus University Rotterdam, Tilburg University, University of Amsterdam), kickstarted the PolEconFin initiative (www.PolEconFin.org). The PolEconFin initiative comprises a conference series and an online platform, which allows researchers to share their work with a community interested in research on the political economy of finance.
Exploring political economy topics in finance research is still relatively new. The political economy of finance looks at how the design of political institutions and the distribution of political power in society affect the development and functioning of financial systems, and vice versa (see Pagano and Volpin 2001, Perotti 20 ....

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Economic Diversification in Africa: How and Why It Matters

Carnegie Endowment for International Peace
Source: Getty
Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts.
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For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also ma ....

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The rise of the Xi gang: A closer look at factional politics in the Chinese Communist Party

The rise of the Xi gang: A closer look at factional politics in the Chinese Communist Party
Any attempt to comprehend elite politics in China requires an understanding of the factional dynamics within the party
Srijan Shukla
February 15, 2021 09:22:11 IST
File image of Chinese president Xi Jinping. AP
As the global debate on the Chinese model, and especially its domestic political system intensifies, there is a tendency to regard the Chinese Communist Party (CCP) as a monolith. This paper corrects such a view and argues that any attempt to comprehend elite politics in China requires an understanding of the factional dynamics within the party. The paper outlines the evolution of factional politics in China, and shows how two factions – the Shanghai Gang and the Chinese Communist Youth League (CCYL) – have dominated the country’s polit ....

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