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Pakistan's External Debt Dilemma | Center For Global Development

Pakistan’s recent economic history shows why it has been so difficult to service the external debt and why this will continue to be a challenge in the future. First, external debt has not been used to expand public investment for many years now; instead, it has largely supported government consumption. Second, the ability to service the debt has been weakened by poor export performance. And while maintaining external balance has been helped by the growth of remittances, this very growth has al...
United States Aziz Khan Lizza Malik Paris School Of Economics Consortium For Development Policy Research Development Lab
Source: cgdev.org

Frontiers | Assessing the Resilience of the Marine Economy: A Case Study of Southern China's Marine Economy Circle

As an important part of the national economy, the marine economy will be subject to various internal and external disturbances in the process of development. Different regions will show different resilience. Based on four dimensions of "resistance-recovery-reorientation-renewal", this paper measures the marine economic resilience of the four provinces covered within the China’s Southern Marine Economic Circle from 2008-2018 by establishing an evaluation index system. The results show...
Yangtze River China General United States United Kingdom San Antonio Pearl River

Energy drives the universe. The application of thermodynamics provides the directions.

Credit: World Scientific The progress of civilization is dependent on the effective use of energy and its transformation; from the sources of energy to how it can be applied to solve the needs of the citizens of this planet. The rules for the effective transformation and application of energy to these needs are actually very few: The three Laws of Thermodynamics (theres even a Zeroth Law for the very strict academics among us!). The correct application of these Laws should not be restricted to ...
United Kingdom Great Britain Senior Adjunct University Instructor In Mechanical Engineering Zeroth Law Second Laws Engineering Thermodynamics

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