Smith Business Close-Up: Economic Controls and Violent Crime
Thursday, January 24, 2013, 7:30 p.m. Sunday, January 27,
2013, 7:30 a.m.
The global financial crisis has prompted some policymakers around the
world to tighten economic controls, restricting currency and capital,
capping interest rates, and imposing import/export licenses. Governments
should be use caution when manipulating the free flow of currency and
goods – history shows it can lead to an uptick in black market violence.
Professor Kislaya Prasad at the University of Maryland’s Robert H.
Smith School of Business recently studied this effect. He talks about
his findings in this edition of Smith Business Close-Up.
Prasad is a research professor and director of the Smith School’s
Center for International Business Education and Research. His principal
research focus is on the computability and complexity of individual
decisions and economic equilibrium, innovation and diffusion of
technology, and social influences on economic behavior. His research has
been published in the leading economic journals.
Smith Business Close-Up is co-produced by the Robert H. Smith School
of Business and Maryland Public Television. The television segment focuses on
the latest thinking in business management, and features in-depth interviews
with Smith School faculty and other members of the school’s community of
Where to Watch
Smith Business Close-Up can be seen bi-weekly on Maryland
Public Television's Your Business and Money. The program airs at 7:30
p.m. on Thursdays and is repeated the following Sunday at 7:30 a.m. on public television
stations throughout Maryland and the Washington, D.C., metropolitan region, including: