Commentary·July 2026
Institutional Capital Theory: The Reproduction of Prosperity
Modern economics has traditionally focused on the allocation of scarce resources and the production and distribution of wealth. Institutional Capital Theory proposes that long-term prosperity depends upon the continuous reproduction of institutions that sustain productive incentives, adaptive knowledge, entrepreneurship, innovation, trust, and effective governance.
Read more →Commentary·July 2026
Beyond Draghi: Europe's Competitiveness Crisis Is Institutional, Not Merely Economic
Europe's greatest problem is not simply that productivity has slowed. It is that the institutional capacity required to reproduce competitiveness is becoming increasingly difficult to sustain in an era of permanent geoeconomic competition.
Read more →Commentary·July 2026
Glenn Agung Hole, PhD. Interviewed by Silk Way TV on Kazakhstan's Constitutional Reform
Dr. Glenn Agung Hole discusses with Silk Way TV how Kazakhstan's new Constitution will shape institutional development, investor confidence, entrepreneurship and long-term economic competitiveness.
Read more →Commentary·July 2026
Kazakhstan's Constitutional Reform: The Real Test Begins Now
Dr. Glenn Agung Hole was interviewed by Kazinform and Silk Way TV on the strategic implications of Kazakhstan's new Constitution, which entered into force on 1 July 2026.
Read more →Commentary·July 2026
The Family as a Generator of Institutional Capital
Modern societies measure almost everything. Yet some of the most important determinants of long-term societal resilience remain largely invisible to conventional measurement systems.
Read more →Commentary·June 2026
When Institutions Begin to Lose Confidence in Their Own History
What happens when institutions become increasingly reluctant to affirm the historical narratives that helped create their legitimacy in the first place?
Read more →Briefing·May 2026
Why Institutional Trust Is the Scarcest Resource of the 2020s
For much of modern history, nations have measured their strength through military power, economic output, and technological capability. Yet beneath these visible assets lies a less tangible, but arguably more important, foundation of national success: institutional trust.
Read more →Commentary·April 2026
Reindustrialization and the Limits of Strategic Autonomy
For much of the post-Cold War era, advanced economies operated under a powerful assumption: efficiency would trump resilience. Today, that assumption is being reconsidered.
Read more →Analysis·March 2026
Mentorship Networks and the Geography of Entrepreneurship
Why do some regions consistently produce entrepreneurs, growth companies, and innovative firms while others struggle despite possessing similar educational institutions, infrastructure, and financial resources?
Read more →Briefing·February 2026
Resilience Is a Stock, Not a Flow
Like capital, resilience accumulates over time through sustained investment, institutional development, and organizational learning. It cannot be created instantly in response to crisis. It must exist before the crisis arrives.
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