马野华夏评论

Platform-Empowered Public-Private Partnership

Introduction Risk allocation: traditional Public-Private Partnership models shift infrastructure project risks from the government to the private partner. Investment H...

Posted by David Marx on May 16, 2022

A Temporary Alternative Trade Settlement Mechanism: Renminbi under a Multilateralism Approach

Tragedies in Eastern Europe and the associated sanctions shocked the global financial system. In the subsequent years, emerging economies will all have to reflect upon to what extent their cross-bo...

Posted by David Marx on March 9, 2022

Development finance for the American railway system in the 19th century: Debt, Defaults, and the collaboration of visible and invisible hands

In the 19th century, railroads played a revolutionary role in the United States. It helped foster a unified market across the vast North American soil, spawned the steel revolution in the new world...

Posted by David Marx on February 19, 2022

Financial Cost of High Speed Rail

Introduction In the past 20 years, China’s High-Speed Rail (HSR) construction has overcome countless engineering difficulties, conquered mountains, rivers, and ultra-low temperature. Lines were co...

Posted by David Marx on January 15, 2022

On the Recent Crackdown of Education Firms in China

Wall-Streeters saw an unprecedented sell-off of Chinese private education firms in the past week, triggered by the latest tightening policy on China’s education sector. In essence, the new policy s...

Posted by David Marx on July 29, 2021

Debt Levels, Economic Growth, and Development Policies for Efficient Investment

This article is polished based on a speech I delivered at the Shanghai Youth Salon. It argues that it is time for development policies to start tackling the real obsticles hindering efficient inves...

Posted by David Marx on March 3, 2021

Anti-icing Investment in the Electric Grid

Anti-icing Investment in the Electric Grid The recent disaster and electricity shortage in Texas reminds me the importance to invest in infrastructure that are resilient to climate change. It also...

Posted by David Marx on February 24, 2021

RCEP Economies as the Global Manufacturing Center

RCEP Economies as the Global Manufacturing Center Click here to view the full slides

Posted by David Marx on November 20, 2020

Hainan Free Trade Port: A Replacement for Hong Kong?

Posted by David Marx on June 2, 2020

Coordination, Supply-Chains, and Manufacturing Relocation

The sudden outbreak of COVID 19 brings another reason, national safety, and diversification, to move factories out of China. A more complex multi-centered system of global production web would defi...

Posted by David Marx on May 12, 2020

COVID19: Status Update of China

The disease: pressure resolved in China, for now After a month and a half, where the whole society paused, it seems that the spreading of COVID 19 in China has been successfully contained. In the ...

Posted by David Marx on March 21, 2020

A Few Words on the COVID 19 Outbreak

Introduction Today’s piece is about COVID 19. It is a difficult topic because there are so many perspectives. This event is like a mirror, reflecting all the beauty and shame of the society. Here ...

Posted by David Marx on February 28, 2020

Marx Review