Development, Law, and Economics
CRADLE Hosts Global Economics Conference
100 Years of Economic Development
September 15–17: Kaushik Basu, Einaudi, and Cornell's Department of Economics welcome economists from around the world. Find out how to attend.
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Bitcoin Bombed in El Salvador. It’s a Cautionary Tale for Crypto.
Eswar Prasad, SAP
“The Bitcoin experiment is working as well as one might have expected – which is not too well,” said Eswar Prasad, senior professor of trade policy.
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Topic
- Development, Law, and Economics
Program
The Evolution of Money – with Eswar Prasad
Eswar Prasad, SAP
Eswar Prasad, senior professor of trade policy, appears on this podcast to discuss the evolution of money.
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Biden Student Debt Plan Fuels Broader Debate Over Forgiving Borrowers
Bob Hockett, CRADLE
“The short answer to the question of debt forgiveness is that it all comes down to politics: which groups are favored by elite lawmakers, and which groups are less favored,” says Bob Hockett, professor of law, who supports Biden’s policy. “Student debt forgiveness is a relatively rare instance where we are getting debt forgiveness for average people.”
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Taiwan Trade Talks Advance; U.S. Will Start Official Negotiations in the Fall
Eswar Prasad, SAP
Eswar Prasad, professor of applied economics and policy, says, “It’s a market for certain U.S. exports, such as agricultural products, but also, consumer goods that actually come through China do have technology from Taiwan. Taiwan also exports directly to the U.S.”
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As Ruble Cascaded Out of Russia via Crypto, Binance Capitalized
Sarah Kreps, PACS
“People in emerging markets have always found ways to move their capital out of the country to seek a more stable currency,” says Sarah Krepps, professor of government and public policy.
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Topic
- Development, Law, and Economics
Program
China’s Gen Z and Millennials Have a Word for Their Disaffection with the Economy and Life in General. Evolution is Dead, Meet ‘Involution’
Eli Friedman, EAP
The ideas of “giving up on fighting tooth and nail” for an increasingly elusive reward has grown in appeal for young Chinese citizens, says Eli Friedman, associate professor in the ILR School.
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GETSEA Fall Mini-Course
The Geography of Disease and Health in Southeast Asia
The consortium for Graduate Education and Training in Southeast Asian Studies (GETSEA) is offering one free and virtual mini-courses this fall, open to all graduate students studying Southeast Asia!
The Geography of Disease and Health in Southeast Asia
Taught by James Wilson, Northern Illinois University
Offered virtually from October 10 to November 14, 2022, Mondays, 8:00pm-10:00pm Eastern Time.
Application deadline: September 16
This course does not offer credit, though students are encouraged to work with a faculty member at their own institution to count a course as independent study credit. Priority will be given to M.A. and PhD students from GETSEA member institutions but students from all institutions are welcome to apply. These courses entail a workload of equivalent to roughly one credit. Only those committed to completing all aspects of courses should apply.
Note that all classes will be conducted synchronously via videoconference. Please take your local time zone into consideration.
We do not offer an option to audit GETSEA mini-courses. Whether or not you seek credit at your own institution, we expect all participants to complete all readings, complete all assignments, and attend all classes.
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100 Years of Economic Development Conference
September 17, 2022
12:00 am
Cornell University
View and download the final conference program here.
After some stops and starts due to the pandemic, 100 Years of Economic Development will be held at Cornell University in Ithaca, NY, from September 15-17.
From the end of World War I to now, it has been a tumultuous 100 years, during which a host of newly-independent nations began to chart out their own policies, often guided by the emerging discipline of development economics. It is a century that straddled the Great Depression and the Great Recession, witnessed rapid globalization with the creation of multilateral organizations, and attempts at global coordination of policy.
Recent decades have seen major breakthroughs in digital technology, and the rise of Big Tech, compelling us to rethink the foundations of economics and the nature of regulation. These changes have occurred alongside a reckless exploitation of the environment, which has cast a shadow over human sustainability. There is a scramble now, aided by the jolt received from the COVID-19 pandemic reminding us of the urgency of reform, to rectify some of this damage.
This conference is an occasion for a stocktaking of economics and economic policymaking. There will be a combination of plenary panels and keynote addresses, with papers from economists and social scientists from around the world, including developing economies.
We expect the conference to result in several published works. The Journal of Economic Behavior and Organization, and the new journal, Oxford Open Economics, have agreed to publish proceedings based on this conference.
Kaushik Basu
Professor of Economics and Carl Marks Professor of International Studies, Department of Economics and SC Johnson College of Business, Cornell University
Administrative Manager: Rick Lee (rick.lee@cornell.edu), Einaudi Center
Advisory Committee: Chris Barrett, Panle Barwick, Arnab Basu, Michele Belot, Nancy Chau, Amrita Dhillon, Brian Dillon, Robert Hockett, Suraj Malladi, Anandi Mani, Ugo Panizza, Sudipta Sarangi
The event is cosponsored by Cornell's Department of Economics (Arts & Sciences) and the Mario Einaudi Center for International Studies.
Additional Information
Program
Einaudi Center for International Studies
South Asia Program
4 Places That Could Be Trouble if the Economy Goes South
Eswar Prasad, SAP
It’s a time of great peril, says Cornell economics professor Eswar Prasad. Though he doesn’t see cascading crises at this stage, Prasad says countries with high levels of foreign currency debt, economic and political challenges are vulnerable as global financial conditions tighten.