Research on technology, markets, and global power.
Public Stack explores how AI, financial technology, and emerging systems are reshaping markets, states, and global power.
Research domains
Artificial Intelligence
AI infrastructure, adoption, governance, automation, and economic impact.
02FinTech
Payments, digital banking, financial infrastructure, inclusion, and emerging-market finance.
03Foreign Policy
Technology competition, economic diplomacy, sanctions, trade, and geopolitical risk.
04Emerging Markets
How technology and financial systems are transforming developing economies.
Featured research
Current work
Can FinTech Become Foreign Policy?
How digital payments, financial infrastructure, and private technology companies are becoming instruments of state influence.
Africa's Financial Infrastructure Race
Why payments infrastructure may become one of the most important arenas of economic competition across Africa.
The AI Infrastructure Divide
The geopolitical implications of who controls compute, data centers, chips, cloud infrastructure, and AI models.
Latest research
Also in the library
Who Builds the State's AI
Procurement contracts, not national strategies, determine what a government's AI systems can do and who they lock it into.
Capital Controls Meet Token Rails
Whether a capital-account perimeter can bind an asset that routes through self-hosted wallets is about to be tested at scale.
The Hedging Node
Payment-rail alignment is read as a binary choice between blocs. Some states are demonstrating that rails can be multi-homed.
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