Tag: Developing Countries

Innovative projects explore ways to deal with extreme heat

When MIT mechanical engineering Professor Kripa Varanasi landed in New Delhi in the middle of the night in June 2024 to attend a conference, he found himself in 104-degree Fahrenheit heat.  “This was June, and it was crazy. It was so hot for the whole meeting that I never left the hotel,” with daytime temperatures […]

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How the war in the Middle East is impacting global energy systems

One day after the announcement of a ceasefire between the United States and Iran, the head of the International Energy Agency (IEA) outlined the implications of the war in the Middle East on the global energy system and the world’s economy, offering his expertise to an MIT audience. “This is the largest energy crisis we’ve […]

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How morality and ethics shaped India’s economic development

In a world leaning away from globalization, governments face a tough choice: Should they block dominant foreign companies to protect local businesses, or welcome them in hopes of fast-tracking economic growth and modernization?  In his recently published book, “Traders, Speculators, and Captains of Industry: How Capitalist Legitimacy Shaped Foreign Investment Policy in India” (Harvard University Press, […]

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