COMMENTARY: New Crisis, New Plan: Lessons Learned From China’s Response to Its Recent Housing Crisis

Jenna Teterin, Stanford University -- 2008 and 2009. Mortgage defaults, foreclosures, bank bailouts. Fannie Mae and Freddie Mac. These are all words and phrases that come to mind when talking about the housing crisis. The collapse of financial institutions caused by subprime mortgage rates in 2008 and 2009 was felt by the entire United States; more acutely by the over six million American households that lost their homes. But there’s a new housing crisis looming—just not in the United States. The Evergrande Crisis, eponymously named after the Chinese property giant, has introduced a new epidemic of individual and public real estate catastrophes.


COMMENTARY: The Digital African Giant

Chidera Ejueyitchie, American River College -- With talk of self-driving cars, artificial intelligence, and metaverses dominating the headlines, it is hard not to fantasize about the exciting technological innovations the future holds in store. But somehow, despite all the buzz, the prevailing vision of a futuristic new world still has a missing piece—a blank spot the size of a continent. This isn’t the first time Africa has been forgotten: The continent has lagged behind through each industrial revolution. Today, the African tech industry is ready to finally put an end to this game of catch up.


BLOG: Is Finance Making Geography Increasingly Insignificant?

By Yuxiang Hou, College of William and Mary
This paper attempts to revisit “the end of geography” debate by incorporating both established theoretical frameworks and the latest empirical evidence. It argues that for five reasons finance is not making geography increasingly insignificant. However, in the long run, things may be different.