Economic Development
Articles tagged with Economic Development
Growing impact: Binghamton University generates $1.79 billion for New York state
The university generated an 8% increase in economic activity, creating 12,603 jobs statewide and supporting a regional economy of $1.69 billion. Binghamton University's expansion and student spending also contributed to the growth, with faculty members holding top degrees in their fields.
Economic impact of delaying the infant hepatitis B vaccination schedule
Brief delays in hepatitis B vaccine initiation result in substantial increases in virus infections, adverse health outcomes, and healthcare expenses. Economic evaluations reveal the significant financial burden of such delays on individuals and society.
Vital freshwater fish migrations are collapsing: UN report
Hundreds of migratory fish species are facing accelerating declines due to dam construction, habitat fragmentation, pollution, overfishing, and climate-driven ecosystem changes. The Global Assessment of Migratory Freshwater Fishes identifies 325 species needing coordinated international conservation efforts.
“Unleash the West of England to power up UK growth” - The Brunel Centre publishes Economic Audit
The West of England, a region with exceptional potential, is limited by structural constraints. Key findings include export strength, world-leading innovation clusters, and a strong but place-specific labour market.
New research outlines pathway to achieve high well-being and a safe climate without economic growth
A study by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona establishes the principles for modelling post-growth scenarios, pointing to the need for targeted demand-side measures and investments in low-carbon technologies. The research highlights the potential for post-growth to achieve pos...
Drug-related homicides increased in Mexico after NAFTA
A study by University of Cologne researchers found a significant increase in drug-related homicides along strategic trafficking routes after NAFTA came into force in 1994. The homicide rate among males aged 15-39 increased by 2.1 cases per 100,000 in these regions.
Industrial research labs were invented in Europe but made the U.S. a tech superpower
A new study reveals that US industrial research labs played a crucial role in the country's rise as a technological superpower in the 1920s. The labs, which emerged during World War I, shifted from craftsmanship-based to science-based innovation, enabling teamwork and novel technology combinations.
Education matters more than income to reduce premature adult mortality in India
A new study by IIASA researchers found that education has a stronger association with lower premature mortality than income or household wealth in India. Adults with higher levels of education are less likely to die prematurely, regardless of their economic status.
Landmark FAU/CSU study: More paid time off keeps US workers from quitting
A landmark study by FAU and CSU found that offering six to 10 paid days off significantly lowers resignations, especially for men. Providing 11 or more days reduces quitting rates substantially for both men and women, highlighting the importance of meaningful time away from work.
Multifaceted effects of inward foreign direct investment on new venture creation
A recent study by researchers from Waseda University and Zhejiang University found that inward foreign direct investment has distinct nonlinear, spillover, and contingent effects on new venture creation. The study analyzed China's enterprise credit information data between 2013 and 2023 and demonstrated robust support for its hypotheses.
Sandia’s economic impact sets record for 17th consecutive year
Sandia's economic impact reached a record high of $5.2 billion in 2025, more than doubling its economic impact from 12 years ago. The laboratory's workforce of 16,000 people drove this growth through pay raises and high-paying jobs.
Diabetes costs the global economy trillions
The study reveals that diabetes poses a significant challenge for healthcare systems and economies worldwide. The economic impact of diabetes is substantial, with an estimated global cost of up to $152 trillion, equivalent to 1.7% of GDP, when informal care is factored in.
Benizake salmon farming in Fukushima moves toward full-scale commercialization in Namie Town
Benizake salmon farming is expanding in Namie Town, Fukushima, with the help of Japan's Subsidy for Business Location program. The project aims to revitalize commercial activity and create employment opportunities for affected residents after the 2011 Great East Japan Earthquake and Tsunami.
Potential changes in US homelessness by ending federal support for housing first programs
Ending federal support for housing first programs will lead to a significant increase in US homelessness, projecting a 5% rise within a year. This trend is part of an already increasing homeless population, resulting from the cessation of discretionary federal funding.
Climate change's hidden price tag: a drop in our income
A new study estimates climate change has reduced US income by 12%, with economic impacts felt nationwide due to regional trade connections. The research uses a novel approach to measure climate change's current economic force, providing insights for businesses and policymakers.
Student performance decline after shift to online NAPLAN testing
Children from low-income groups were disproportionately disadvantaged by online testing, with numeracy and spelling subjects most affected. Researchers call for targeted support for disadvantaged communities to address educational inequality and promote equal access to digital resources.
First comprehensive investigation shows large support for core ideas of ‘degrowth,’ but not the label
A comprehensive investigation reveals significant public support for degrowth's key ideas across the UK and US. The study challenges the notion that such policies lack popular backing. Majority support was found for the full proposal with or without labels, while the 'degrowth' label alone received lower support due to low awareness.
University of Tennessee named 2025 APLU Innovation & Economic Prosperity award winner
The University of Tennessee has earned the Association of Public and Land-grant Universities' 2025 Innovation and Economic Prosperity Award for its initiatives that promote innovation and regional development. Through programs like the UT Research Park, the university has created jobs, boosted the regional economy, and addressed commun...
IU Kelley Futurecast: AI and energy infrastructure may buoy US economy in 2026
The US economy is expected to grow at 1.8% in 2026, with AI and energy infrastructure investments playing a key role. Despite this, job creation will not be strong enough to keep unemployment rates from rising to 4.8%, with the nation's economy facing uncertainty around trade policy.
Research shows National Living Wage has reduced labor mobility across firms, but at what cost?
New research by Bayes Business School reveals the introduction of the National Living Wage has decreased labor mobility across firms, but its impact on workers' incentives to search for new jobs is unclear. The study suggests that rising wage floors may reduce job switches and make potentially risky job moves less attractive.
Wilkes Center awards $250,000 Climate Launch Prize to Build up Nepal
Build up Nepal's eco-brick technology reduces CO2 emissions and makes homes safer while cutting construction costs. The company will use the prize to scale up its innovative solution.
AI TechX awards seed funding to find AI solutions to real-world problems
AI TechX, a UT Knoxville initiative, awards $60,000 seed funding to nine projects addressing real-world challenges through AI research and innovation. The funded projects accelerate adoption of AI across various disciplines, enabling high-impact collaborations and job creation.
School meals could drive economic growth and food system transformation
A new study suggests that school meal procurement can be redesigned to maximize public value, promoting nutritious meals, sustainable farming, and local producer participation. This approach has the potential to shape markets and drive social, environmental, and economic benefits, as seen in Scotland's and Brazil's successful programs.
Scientists uncover key to decoupling economic growth from pollution in developing countries
Researchers developed a mathematical framework that shows economic growth and environmental sustainability are compatible in developing countries. A 'kindergarten rule' level of pollution abatement is necessary for successful implementation, depending on factors like clean technology availability and foreign aid.
ITU report details US$2.6-2.8 trillion cost to connect everyone meaningfully by 2030
Achieving universal, meaningful internet connectivity by 2030 would require a significant investment of $2.6-2.8 trillion at current prices. The report outlines the challenges, projected costs, and collaborative strategies needed to make sure everyone, everywhere, can use the Internet.
How measures to protect the environment and reduce the rich–poor divide interact
Researchers analyzed interplay between environment and income inequality, identifying theoretical mechanisms and empirical evidence. The study suggests that good climate policy can promote social balance by increasing labour productivity and wages.
UVA names Paul Cherukuri as institution’s first chief innovation officer
Paul Cherukuri becomes UVA's first Chief Innovation Officer, leading the next phase of a university-wide innovation ecosystem. He aims to foster cross-school collaboration, empower faculty and students to translate ideas into impact, and expand partnerships with industry and government.
Small-world networks can mitigate ESG controversies for multinationals, suggests new study
A new study suggests that MNEs can control crises and reduce supplier-induced ESG controversies by building small-world supply networks. This approach enables MNEs to moderate the behaviors of their suppliers, improving sustainability and reducing reputational risks.
Hotel revenues are reaching a new high in Colorado
A study by Florian Zach found that Colorado hotels increased average monthly revenue by 25% between 2014 and 2019, primarily due to higher room bookings and daily rates. Hotels closer to dispensaries, newer and more upscale, and in high-demand areas saw the greatest benefits from dispensary legalization.
Study on “blue economy” shows interdependence between Brazil’s coastal and inland regions
A Brazilian study maps the direct and indirect impacts of marine resource-dependent economic activities, revealing strong connections between coastal and inland regions. The research highlights the importance of the blue economy in Brazil's GDP and employment, with regional specializations varying across states.
Africa needs more large firms, not more entrepreneurs, for economic growth
Researchers argue that boosting entrepreneurship is counterproductive to Africa's economic development due to a lack of large firms. The study suggests that focusing on building large firms and adopting strategies from East Asia's successful growth models could be more effective.
MSU study unpacks how 2025 tariffs shocked global supply chain
A new study from Michigan State University explores the economic shock of the largest series of U.S. tariff hikes since 1930, reshaping global supply chains. The framework helps researchers and policymakers understand the chaos and make sense of future disruptions.
Rethinking the demographic race: What is the future economic potential of India and China?
A recent study by IIASA researchers explores the socio-economic potential of India and China, focusing on human capital and labor force quality. The findings suggest that China will maintain an economic lead for most of the next half-century due to its more educated and higher-participating labor force.
University of Kansas drives $7.8 billion economic impact in Kansas, study shows
The University of Kansas has a significant annual statewide impact of $7.8 billion, supporting nearly 88,000 jobs and generating $2.90 in added tax revenue for every dollar invested. The university's activities also include startup companies, visitors, and research, contributing to the state's economic growth.
Europe’s industrial policy worsens the crises it claims to solve
The EU's industrial strategy faces criticism for its contradictions, which risk exacerbating climate, social, energy, and geopolitical crises. A new study calls for a fundamental rebalancing of the policy to prioritize public investment and green economic planning.
Study reveals how fatal school shootings disrupt local economies
A new study reveals that fatal school shootings have far-reaching consequences, altering daily life and disrupting economies in affected communities for months. Anxiety about public safety drives a measurable decline in consumer activity, particularly in grocery stores and restaurants.
OECD nations show mixed progress toward energy and economic convergence
The study found no overall convergence among OECD countries, but identified convergence clubs for each factor. Technological progress significantly improves per capita income and energy diversification, while financial development has a bi-directional relationship with energy diversification.
Few diffusers and many bottlenecks: the French labor market according to statistical physics
A new study applies network analysis to large-scale data from the French labor market, identifying four main clusters: diffusers, channels, hubs, and condensers. Diffuser occupations offer wide exit opportunities but are hard to enter, while channels and hubs face accessibility issues.
International cooperation needed for healthy sustainable diets
A study found that 186 countries struggle to produce enough of essential food groups for their own needs, with significant gaps in meat and dairy products. The research highlights the need for international cooperation to build resilient food supply chains and ensure public health.
10 things research tells us about the global economic elite
A unique database of 3,500 global economic elite individuals from 16 countries provides insights into their demographics, education, and influence on economies. The World Elite Database sheds light on the power dynamics of the world's wealthiest individuals and those with regulatory power.
Bidirectional 1200 V GaN switch with integrated free-wheeling diodes
Fraunhofer IAF presents a bidirectional 1200 V GaN switch with integrated free-wheeling diodes, enabling more efficient power electronics for energy generation and mobility. The switch can be used in grid-connected power converters and electric drive systems.
Legacy of ‘inequality and deprivation’ in former coal mining communities
A new report examines the long-term impact of coal industry loss on UK communities, finding entrenched inequalities and poverty. Researchers call for a 'just transition' with investment in public services, securing employment rights, and quality jobs to address social inclusion.
$1M gift to keep Soybean Innovation Lab operational after USAID closure
The Soybean Innovation Lab has secured a $1.02 million gift from an anonymous donor, led by Founders Pledge, to keep the lab operational until April 15. The reprieve will allow the lab to complete critical work and give Director Pete Goldsmith time to seek stable funding.
New era of aid cuts and conflict threatens educational lifeline of youngest learners
A new report warns of a sharp decline in pre-primary education aid, highlighting the scale of inequalities between rich and poor nations. The total aid spent on pre-primary education was the second highest since records began, but represented just 1.2% of global education aid.
Difficult and costly energy transition unless the EU invests in biomass
Biomass is crucial for Europe's ability to reach its climate targets, providing both energy and negative emissions. Excluding biomass from the European energy system would increase costs by 169 billion Euros per year.
Medication-induced sterol disruption: A silent threat to brain development and public health
Common prescription medications can disrupt sterol biosynthesis, potentially causing developmental disorders. The editorial highlights the need for mandatory sterol biosynthesis screening in clinical practice.
Machine learning model to predict the fitness of AAV capsids for gene therapy
A new machine learning model accurately predicts the fitness of AAV capsids based on their amino acid sequence, enabling more efficient and cost-effective gene therapies. The model's robustness and generalizability have been demonstrated through tests on independent datasets, offering a promising tool for capsid engineering.
Binghamton University, State University of New York to establish Institute for AI and Society
Binghamton University is launching an Institute for AI and Society with $5 million in New York state funding, enabling researchers to tackle issues like online antisemitism and protecting power systems from malicious attacks. The institute will tap into the power of Empire AI, a consortium of public and private universities in New York.
AI and gaming platform aims to revolutionize emergency pipeline training
A new AI-powered training platform is being developed to simulate pipeline incidents and provide real-world scenarios for pipeline operators. The platform will use artificial intelligence to create a realistic environment where teams can practice handling hazardous conditions and responding to emergencies.
Supersize me
Kathleen Thelen examines the growth of supersized retailing in the US, tracing its roots back to the late 19th century. She argues that policy and politics played a crucial role in shaping the industry's dominance.
Global poverty and the cost of a healthy diet
A new poverty metric assesses global well-being by incorporating the cost of a healthy diet, revealing significant regional differences and shifting the focus from sub-Saharan Africa to South Asia. The study highlights the long-term health consequences of malnutrition and calls for a revised approach to resource allocation.
Breakthrough in oil spill remediation: a robust MXene aerogel with photothermal properties
Researchers have developed a multifunctional aerogel for efficient crude oil cleanup, exhibiting high compressive strength, hydrophobicity, and photothermal conversion. The aerogel's unique structure enables rapid absorption of viscous crude oil, addressing environmental concerns related to increasing oil spills.
Breakthrough in enzyme immobilization: bamboo-based microreactor for efficient biotransformation
Researchers developed a bamboo-based microreactor system for efficient enzyme immobilization, demonstrating high transformation rates and thermal stability. The innovative use of bamboo nanofibers offers a sustainable alternative to traditional methods.
Riding the AI wave toward rapid, precise ocean simulations
Researchers developed a machine learning-powered fluid simulation model that significantly reduces computation time without compromising accuracy. The new surrogate model maintains the same level of accuracy as traditional particle-based simulations while reducing computation time from approximately 45 minutes to just three minutes.
WVU, RAND research partnership launches with initial focus on workforce needs
The partnership aims to identify workforce trends and solutions, with a focus on apprenticeships, stackable credentials, and career pathways. Initial research findings are expected by the end of this year and will serve as a model for other states.
Stricter oversight needed as financial misconduct drives risk-taking in banking
Researchers found that banks referred for violations are significantly more likely to engage in risk-heavy strategies and speculative lending. Stronger boards with larger and more independent membership can dampen the negative impact of misconduct.
Professor receives pilot funding to conduct study to increase forest farming in Appalachia
A professor is conducting a study to increase forest farming in Appalachia, with the goal of creating a sustainable economy for the region. The project aims to develop the workforce and formalize businesses to ensure efficient supply chains.
Introducing 'Between a Rocket & a Hard Space': the ISS National Lab’s new podcast exploring the future of space innovation
The ISS National Lab's new podcast, 'Between a Rocket & a Hard Space', offers exclusive insights from scientists, engineers, and visionaries on the future of space research. The first episode explores the groundbreaking science happening on the International Space Station, including its impact on medicine, technology, and industry.
Artificial intelligence that uses less energy by mimicking the human brain
A new approach to AI developed by Texas A&M University engineers mimics the human brain's neural processes, integrating learning and memory in a single system. This 'Super-Turing AI' has the potential to revolutionize the industry by reducing energy consumption and environmental impact.