The prospects for prosperity and well‐being in the 21st century will depend on leveraging social diversity to encourage technological, economic and social dynamism. A striking confluence of forces over the next twenty years could drive a twofold convergence: first, towards more highly...

At the outset of the 21st century, confidence in the effectiveness and legitimacy of established forms of governance is ebbing. This article considers historical developments in governance, the driving forces likely to transform governance worldwide and the policies that might have the best...

The world stands on the threshold of a tantalizing opportunity: the possibility of a sustained economic boom over the first decades of the next millennium. This article outlines the confluence of forces – particularly the transition to a knowledge society, the emergence of a global economy and...

As the United Nations Decade on Ocean Science for Sustainable Development begins, this paper explores recent and likely future digital technologies - especially in the field of ocean observation - that will contribute to ocean sustainability. It examines advances that could lead to substantial...

Sustainably managing the ocean requires reliable measures of the ocean’s contributions to society and the effects that human activities have on the marine environment. This paper informs current international discussions on the measurement of ocean economic activities. It summarises the extent...

The Hamburg Institute for International Economics is one of five large institutes in the Federal Republic of Germany engaged in economic research, independent of the relevant activities of universities as well as other research organizations in government, trade and industry. Being a scientific...

At the root of the euro crisis was not only a sovereign debt crisis but also a balance-of-payments crisis. A multi-faceted approach is required to restore sustainable growth and prevent a vicious circle of public and private sector deleveraging leading to weaker economic activity, which in turn...

Die Eurokrise hat ihren Ursprung nicht nur in einer Staatsschuldenkrise. Sie wurde ebenfalls durch eine Zahlungsbilanzkrise verursacht. Ein breit gefächerter Ansatz in der Wirtschaftspolitik ist daher erforderlich, um die Eurozone auf einen nachhaltig stabilen und dynamischen Wachstumspfad...