The precipitous decline in the price of oil over the past year has raised questions about the sustainability of the budget trajectory in many resource-rich nations. Given the central parliamentary role in the budget process and the singular importance of extractive industries to Canada's fiscal...

The Coronavirus (Covid-19) pandemic has fomented a moral crisis for administrations struggling to choose between “lives” and “livelihoods”, i.e. between mitigating the public health fallout and averting an economic depression. The challenge is being met, and public value trade-off...

Cryptocurrencies are an area of heightened pecuniary, numismatic, technological, and investment interest, and yet a comprehensive understanding of their theories and foundations is still left wanting among many practitioners and stakeholders. This discussion paper synthesizes and summarizes the...

The Net Run Rate (NRR) system has been employed as a general practice in the ranking and scoring of teams in competitive tournaments within the keenly followed and lucrative sport of Cricket. Despite its imposition by the International Cricket Council (ICC), the NRR method has come into ever...

The domain of aviation is already a centerpiece of global economic life, and its importance to socioeconomic activity continues to grow by leaps and bounds, which is why the concept of the aerotropolis, as urban design centered around an aviation hub, has gained renewed attention. This working...

Fiscal sustainability is an issue of worldwide concern, but it rings particularly true in the case of Pakistan's present debt trajectory. A shrinking fiscal space and an over-reliance on external debt financing has put immense pressure on the Pakistani economy and state; and as the urgency of the...

The aim of this working paper is to explore the domain of aerial warfare through the lens of economic thought, drawing upon rudimentary but salient economic perspectives to discuss the nature of air forces, aerial warfare, and aerospace sectors, particularly in light of the emergence of the...

Stable coins attempt to resolve the problem of wide volatility in dollar-denominated prices that characterize most cryptoinstruments, by “pegging” their value to fixed amounts of traditional monetary instruments. This discussion paper considers the challenges faced by “stable coin”...

The notion of a 'metaverse' alludes to a network of 3D virtual realities, with an emphasis on social engagement mediated through virtual space and augmented reality. Powerful interests are advocating for the development of metaverse(s), but the relegation of the human to a collective...

The notion of a Green New Deal as an ecology-centered economic stimulus program has garnered increasing political capital in recent years, particularly in OECD countries. However, resistance by political detractors has muddled the discourse under the accusation that it is a ‘far-fetched’ or...