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SIAI Research Memos

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When the Buffer Runs Thin: Vietnam’s Public-Sector Ceiling and the Quiet Shift of Korean Capital

Vietnam’s public sector still drives too much of the economy, squeezing buffers and deterring investors Korean firms are diversifying as energy shortages, tariff shocks, and policy delays raise risk …

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From Cheaper Capital to Smarter Risk: Capital Market Integration Sparks Europe’s Quality Revolution

Europe must shift from cheap capital to quality allocation Skilled investors channeling funds to R&D lift productivity and GDP far more than lower spreads Deliver it with a safe asset, harmonised

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After the Google Ruling, Antitrust Became a Blunt Instrument for AI Competition

Antitrust breakups miss the real battleground: AI assistants, not blue links Prioritize interoperability and open defaults to keep markets contestable Track assistant-led discovery, not just search s…

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Classrooms in the Crossfire: Education Policy in an Age of Oil Diplomacy

Oil diplomacy now shapes school budgets, student mobility, and campus operations Japan’s hedging between U.S.–Israel ties and Arab energy suppliers previews the new normal Education leaders should ha…

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The Case for “Designed Stress”: Why Later, Flexible Retirement Can Add Years to Life

Eustress—purposeful, controllable challenge—appears to extend healthspan Evidence from royal lifespans and modern biology suggests agency under load, not early exit, supports longevity Replace hard r…

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Teach the Noise: Why Finance Schools Must End the Black-Box Habit

Neural networks rarely beat simple baselines in noisy markets Finance needs transparent models that fail visibly Glass-box practices must be the default In 2025, a new Nature study on stock-market pr…

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