IBSES: International Bank for Space Exploration and Sciences

Hegadekatti, Kartik (2017): IBSES: International Bank for Space Exploration and Sciences. Published in: International Institutions: Politics of International Institutions & Global Governance eJournal , Vol. 04, No. 15 (28 April 2017)

Abstract

The cost of landing man on Mars is estimated to be $500 billion. This kind of investment is difficult for a single nation to achieve. Moreover space exploration involves innumerable aspects of high technical expertise and thus demands sustained international collaboration.

Space exploration projects span many years. It calls for uniformity in policies and reliable funding over long periods of time. Due to the high cost and technical skills involved, poor and developing countries cannot afford space programs.

To address all of these concerns and other related issues we need to establish an entity which can provide solutions to problems involving various aspects (especially economic) of space exploration. This paper proposes the establishment of such an entity, IBSES: International Bank for Space Exploration and Sciences, and evaluates the various factors that can make this possible.

• Item Type: MPRA Paper
• Language: English
• Keywords: space exploration, mars mission, moon mission, astronomy, science
• Subjects: F - International Economics > F0 - General > F02 - International Economic Order and Integration; F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements; F - International Economics > F5 - International Relations, National Security, and International Political Economy > F53 - International Agreements and Observance ; International Organizations; F - International Economics > F5 - International Relations, National Security, and International Political Economy > F55 - International Institutional Arrangements; G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G2 - Financial Institutions and Services > G24 - Investment Banking ; Venture Capital ; Brokerage ; Ratings and Ratings Agencies; G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy ; Financial Risk and Risk Management ; Capital and Ownership Structure ; Value of Firms ; Goodwill

References

[1] "Global Space Revenues and Budgets". The Space Report. 2009. Archived from the original on 2009-11-28. Retrieved 2015-12-11.

[2] "Report for Selected Country Groups and Subjects (PPP valuation of country GDP)". IMF. Retrieved 25 February 2017.

[3] spacefaring. The American Heritage Dictionary of the English Language: Fourth Edition. 2000 [4] Hegadekatti, Kartik, Extra-Terrestrial Applications of Blockchains and Cryptocurrencies (December 8, 2016).

[5] Taylor, Fredric (2010). The Scientific Exploration of Mars. Cambridge: Cambridge University Press. p. 306. ISBN 9780521829564.

[6] https://www.extremetech.com/extreme/186600-apollo-11-moonlanding-45-years-looking-back-at-mankinds-giant-leap