Environmental Kuznets Curve

Written by Ryan McGuine // In the 1950s, Simon Kuznets postulated that as economies become wealthier, the level of inequality there would increase, then decrease. When plotted against income per capita, this creates the inverted-U shaped curve seen below. Around 1991, Gene Grossman and Alan Krueger noted a similar inverted-U shaped relationship between income levels … Continue reading Environmental Kuznets Curve

Regulating Greenhouse Gases

Written by Ryan McGuine // Today's shift toward toward an energy system that emits less greenhouse gases than the current one is necessary to prevent catastrophic climate change. However, due to the dynamics of energy transitions, achieving this transition on a meaningful timescale is remarkably difficult. Acknowledging the importance of this transition, the UN chose … Continue reading Regulating Greenhouse Gases

Mr Kim Leaves Washington

Written by Ryan McGuine // In January, World Bank Group President Jim Yong Kim announced his plans to resign after six years in the role, and begin work at Global Infrastructure Partners, an independent infrastructure fund manager. This decision surprised many, since he was only recently re-elected for a second five year term in 2017. … Continue reading Mr Kim Leaves Washington

Closing the Infrastructure Gap

Written by Ryan McGuine // In 2017 the McKinsey Global Institute estimated that the world would need to spend $67 trillion by 2035, or $3.7 trillion annually — roughly $1.3 trillion more than was spent in 2013 — on infrastructure in order to merely keep up with projected economic growth. This difference between current spending … Continue reading Closing the Infrastructure Gap

The Sustainable Development Goals

Written by Ryan McGuine // In the year 2000, the United Nations (UN) adopted the United Nations Millennium Declaration, a document that established the Millennium Development Goals (MDGs) — eight goals related to economic development with a target completion date of 2015. Those targets were: To eradicate extreme poverty and hunger To achieve universal primary education To promote gender equality and … Continue reading The Sustainable Development Goals