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IBSES: International Bank for Space Exploration and Sciences

Author

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  • Hegadekatti, Kartik

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.

Suggested Citation

  • Hegadekatti, Kartik, 2017. "IBSES: International Bank for Space Exploration and Sciences," MPRA Paper 82860, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:82860
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    File URL: https://mpra.ub.uni-muenchen.de/82860/1/MPRA_paper_82860.pdf
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    Cited by:

    1. Hegadekatti, Kartik, 2017. "Blockchains and Extra-Terrestrial Nations: Role of Blockchains in the Socio-Political Milieu of Future Extra-Terrestrial Settlements," MPRA Paper 82837, University Library of Munich, Germany, revised 09 May 2017.

    More about this item

    Keywords

    space exploration; mars mission; moon mission; astronomy; science;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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