Nearly 231,000 U.S. bridges need major repair work or should be replaced, according to an American Road & Transportation Builders Association (ARTBA) analysis of the just released U.S. Department of Transportation's 2019 National Bridge Inventory (NBI) database. That figure represents 37 percent, or more than a third, of all U.S. bridges. If placed end-to-end, the length … [Read more...] about 230,000 U.S. Bridges Need Repair, New Analysis of Federal Data Finds
Briefing
Only Two-thirds of Export Value of Textiles and Clothing From ASEAN Constitute Their Own GDP
Textiles and clothing1 are archetypal industries through which ASEAN member states achieve industrialization and integration into the global economy, according to Global Value Chains in ASEAN: Textiles and Clothing (https://www.asean.or.jp/en/centre-wide-info/gvc_database_paper14/) published by the ASEAN-Japan Centre. It is essential to recognize the significant … [Read more...] about Only Two-thirds of Export Value of Textiles and Clothing From ASEAN Constitute Their Own GDP
Mobile Money Accounts Now Exceed One Billion Worldwide, Mobile Money Industry Processed US$2 Billion in Transactions Per Day in 2019
The GSMA today unveiled the annual ‘State of the Industry Report on Mobile Money’, offering a view of the mobile money landscape and highlighting the impact that greater financial inclusion has on lives, economies and innovation, especially in emerging markets. This year’s report looks at what one billion registered accounts means for the mobile money industry, mobile money … [Read more...] about Mobile Money Accounts Now Exceed One Billion Worldwide, Mobile Money Industry Processed US$2 Billion in Transactions Per Day in 2019
Comparing the Current Crisis and the 2008 Crisis
Sharp declines in the stock market and broader financial sector turbulence; interest rate cuts and large-scale Federal Reserve intervention; and discussions of massive government stimulus packages have led some observers to compare the current market reaction to that experienced a little over a decade ago. There are similarities and important differences between the current … [Read more...] about Comparing the Current Crisis and the 2008 Crisis
MIT Sloan professor designs model to limit price manipulation
Algorithm produces cleaner data for robust pricing CAMBRIDGE, Mass., March 18, 2020 – Data is an important part of decision-making for pricing, but what happens when the data can’t be trusted? If the data is generated strategically by buyers, it could lead to bad pricing decisions by sellers. In a recent study, MIT Sloan School of Management Prof. Negin Golrezaei created a … [Read more...] about MIT Sloan professor designs model to limit price manipulation