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Thu, 17 Sep 2009 00:00:00 GMT

On September 24, President Obama will chair his first G-20 Summit in Pittsburgh. With the world economy improving, leaders will now focus their attention on economic recovery and restoring financial stability. Experts from Brookings Global Economy and Development program analyze top issues to be addressed at the summit and provide recommendations on how to effectively overcome global economic and governance challenges to ensure recovery now and to prevent future crises.
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Thu, 17 Sep 2009 14:00:00 GMT
Event Information:
- September 17, 2009, 2:00 PM to 3:30 PM

On September 17, the Brookings Institution will host Dr. José de Gregorio, governor of the Central Bank of Chile. Governor de Gregorio will outline his views on how best to structure monetary policy and regulatory frameworks in emerging markets to promote macroeconomic and financial stability.
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Tue, 15 Sep 2009 10:00:00 GMT
Event Information:
- September 15, 2009, 10:00 AM to 12:00 PM

This week marks the one-year anniversary of Lehman Brothers' collapse. Federal Reserve Chairman Ben Bernanke delivered a keynote about the tumultuous events of last September at a Brookings forum on Tuesday. Brookings Vice President Karen Dynan moderated a panel with other experts on the state of financial markets and regulatory reform.
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Wed, 19 Aug 2009 00:00:00 GMT

The debate between theorists and practitioners on monetary policy challenges for emerging market economies continues. This paper by Brookings expert Eswar Prasad, Gill Hammond, and Ravi Kanbur addresses the dialogue between academics and policymakers on this issue and sets an agenda for further research.
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Thu, 25 Jun 2009 00:00:00 GMT
Mauricio Cárdenas critiques the conventional wisdom that economic contractions are a thing of the past in Latin America and a growing belief the region will soon be out of the recession. He concludes that any recovery will be slow and there may be periods of sharp adjustment during the process.
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Thu, 25 Jun 2009 00:00:00 GMT

Kevin Casas-Zamora analyzes what is known and unknown about the global financial crisis and its effects on Latin America. Casas-Zamora explores four main issues regarding the political ramifications of the crisis and offers suggestions on how governments in the region should respond.
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Tue, 23 Jun 2009 10:00:00 GMT
Event Information:
- June 23, 2009, 10:00 AM to 11:50 AM

On June 23, the Brookings Institution hosted Her Excellency Michelle Bachelet, president of the Republic of Chile, for a discussion of the Latin American countries and the economic measures they are taking to cope with the global financial crisis.
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Fri, 01 May 2009 00:00:00 GMT

In Moving Money, noted economists Robert Litan and Martin Baily bring together a group of distinguished analysts to examine this trend toward digital means of consumer payment.
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Thu, 05 Mar 2009 00:00:00 GMT
Almost all of the G-20 countries have agreed to some type of fiscal stimulus plan to get their economies back on track but how strong are the plans and what measures are included? Eswar Prasad and Isaac Sorkin analyze the G-20 stimulus plans in detail in new research.
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Fri, 30 Jan 2009 00:00:00 GMT

Is recent sparring between the U.S. and China over currency manipulation a foreshadowing of future economic relations? Eswar Prasad instead proposes a solution: a new “grand bargain” between China and the U.S. for economic cooperation across fiscal and monetary policy, currency flexibility and governance reform at multilateral financial institutions.
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Fri, 10 Oct 2008 00:00:00 GMT

As President-Elect Obama prepares to lead the United States, what are the top global economic challenges facing the new president and his advisors and how should the new administration address them? A new report by Brookings global economic and development experts ranks the top 10 issues and details specific ideas for how to tackle the toughest challenges.
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Tue, 22 Jul 2008 10:30:00 GMT
Event Information:
- July 22, 2008, 10:30 AM to 12:00 PM

On July 22, Global Economy and Development at Brookings hosted John Lipsky, first deputy managing director of the International Monetary Fund, for a conversation on the evolving global economic landscape.
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Wed, 14 May 2008 00:00:00 GMT
In response to the burst in global inflation, Wing Thye Woo provides policy recommendations on how to manage the emerging stagflation and produce sustained and stable economic growth.
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Mon, 21 Apr 2008 00:00:00 GMT
By examining the IMF's World Economic Outlook, Senior Fellow Doug Elmendorf, discusses ways in which innovations in housing finance around the world might change the way monetary policy deals with housing developments in the future.
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Fri, 11 Apr 2008 00:00:00 GMT
Alice Rivlin discusses why the recent rescue of Bear Stearns by the Federal Reserve, was "money well spent." The Fed's actions, she says, were aimed at "protecting the rest of the country—and indeed the world—from the possibly devastating consequences of a financial meltdown."
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Tue, 01 Apr 2008 00:00:00 GMT

Unsustainable deficits in the federal budget threaten the health and vigor of the American economy. When the next president and Congress take office in January 2009, they will face one crucial question that has been almost absent from the current election campaign: how to close the enormous gap between projected federal spending and revenues.
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Sat, 08 Mar 2008 00:00:00 GMT
Matt Fellowes testifies before the House Committee on Financial Services on his research into the high costs of being poor.
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Fri, 29 Feb 2008 00:00:00 GMT

Without government action, mortgage foreclosures will rise steeply for the next several years, argues Doug Elmendorf. He analyzes the wide range of proposals for tackling this problem, arguing that policy-makers should weigh the fairness of alternative approaches and effects on future mortgage credit, as well as the consequences of inaction.
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Tue, 26 Feb 2008 00:00:00 GMT
Alice M. Rivlin testified before Congress on the current economic situation and what policy makers can do to curb a possible future recession. "The Federal Reserve has used the tools in its limited arsenal aggressively and imaginatively and clearly indicated its intention do more if necessary," she said.
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Tue, 05 Feb 2008 00:00:00 GMT
Isabel Sawhill argues that the fiscal stimulus package is a good idea, but is merely a stopgap that will do little to change the fundamental problems. She says that Congress should not lose sight of how the economy got to where it is and what is needed to prevent such vulnerabilities in the future.
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Mon, 04 Feb 2008 00:00:00 GMT
Though Washington is abuzz with talk of a short-term stimulus for the economy, very little is being said about the long-term challenges to American prosperity.
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Fri, 01 Feb 2008 00:00:00 GMT
Will the economy get a much-needed boost from a stilmulus package? In a week long Los Angeles Times 'Dust Up' series, Jason Furman, a Brookings scholar and an advisor to President Clinton, and author-economist Steven E. Landsburg discuss the U.S. economy and the recently announced stimulus package.
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Thu, 31 Jan 2008 00:00:00 GMT
Will the economy get a much-needed boost from a stilmulus package? In a week long Los Angeles Times 'Dust Up' series, Jason Furman, a Brookings scholar and an advisor to President Clinton, and author-economist Steven E. Landsburg discuss the U.S. economy and the recently announced stimulus package.
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Tue, 29 Jan 2008 00:00:00 GMT
The economic stimulus package before Congress may provide temporary relief in the short-term, but, ultimately, bolstering America’s long-term economic growth depends on the “three Is”- innovation, intellect, and infrastructure. Alan Berube, research director and fellow at the Metropolitan Policy Program at Brookings discusses America’s major metropolitan areas hold the key to economic health for the long haul.
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Tue, 29 Jan 2008 00:00:00 GMT
A stimulus package, especially with major add-ons, could exacerbate the already ominous long-run deficit picture. Alice M. Rivlin testifies that the deficit increase associated with the stimulus represents a risk worth taking in order to reduce the chances of recession.
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Tue, 29 Jan 2008 00:00:00 GMT
Will the economy get a much-needed boost from a stilmulus package? In a week long Los Angeles Times 'Dust Up' series, Jason Furman, a Brookings scholar and an advisor to President Clinton, and author-economist Steven E. Landsburg discuss the U.S. economy and the recently announced stimulus package.
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Tue, 29 Jan 2008 00:00:00 GMT
As the government moves closer to finalizing a fiscal stimulus package, the Federal Reserve must decide what influence, if any, the legislation should have on policy. Two former Fed economists, Douglas Elmendorf of the Brookings Institution and Vincent Reinhart of the American Enterprise Institute, argue that fiscal stimulus shouldn't stop the Fed from significantly cutting rates.
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Mon, 28 Jan 2008 00:00:00 GMT
Will the economy be stimulated by the House/White House stimulus package? In a week long series, The Hamilton Project director, Jason Furman, a Brookings scholar and an advisor to President Clinton, and author-economist Steven E. Landsburg discuss the U.S. economy and the recently announced stimulus package.
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Thu, 24 Jan 2008 00:00:00 GMT
In a testimony before the U.S. Senate Committee on Finance, Jason Furman discusses a timely, temporary and targeted fiscal stimulus as a well-designed solution in stabilizing the economy.
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Tue, 13 Nov 2007 00:00:00 GMT
Some argue that the Federal Reserve has kept rates too low for too long, thus setting the stage for the housing boom-bust and financial turmoil. But the optimal policy one can imagine in hindsight would not have changed the course of events much, says Doug Elmendorf.
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Wed, 26 Sep 2007 09:30:00 GMT
Event Information:
- September 26, 2007, 9:30 AM to 11:30 AM
As the nation faces what might turn out to be the worst liquidity crisis around housing in 50 years, The Hamilton Project brought together former and current Treasury officials, Wall Street experts and others for a free-flowing discussion on the risks to the economy and to individual home owners.
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Fri, 21 Sep 2007 00:00:00 GMT

Doug Elmendorf offers a critical appraisal of recent policy responses to rising delinquencies and foreclosures of subprime mortgages. The Federal Reserve should reduce, but not slash, the federal funds rate, he argues.
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Thu, 15 Feb 2007 00:00:00 GMT
Opinion by Kenneth Rogoff, Project Syndicate (2/15/07)
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Wed, 01 Nov 2006 00:00:00 GMT
Paper by Barry Bosworth and Gabriel Chodorow-Reich (November 2006)
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Fri, 01 Sep 2006 00:00:00 GMT
On what basis is one to conclude that a policy to correct a market failure is as successful as possible? The first consideration is whether government has any reason to intervene in a market: Is there evidence of a serious market failure to correct? The second is whether government policy is at least improving market performance: Is it reducing the economic inefficiency, or "deadweight" loss, from market failure?
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Wed, 14 Jun 2006 00:00:00 GMT
Opinion by Martin Mayer, The New York Times (6/14/06)
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Thu, 08 Jun 2006 00:00:00 GMT
Opinion by Robert E. Litan, AEI-Brookings Joint Center (6/8/06)
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Wed, 01 Feb 2006 00:00:00 GMT
Credit markets are just as important as equity markets to financial development. And in most countries far more finance is generated in credit markets than in public equity markets. Even in the United States, which is usually thought the country with the most pronounced equity culture, far more money is raised in credit markets than in equity markets.
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Sun, 01 Jan 2006 00:00:00 GMT
This paper reviews competing explanations for the pattern of global imbalances and the magnitude of the U.S. external deficit. It argues that, far from being incompatible, existing explanations are all parts of the larger story.
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Tue, 01 Feb 2005 00:00:00 GMT
Article by Warwick J. McKibbin and Andrew Stoeckel, Economic Scenarios (February 2005)
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Tue, 01 Feb 2005 00:00:00 GMT

In The Future of State-Owned Financial Institutions: Policy and Practice noted experts discuss the challenges presented by state-owned financial institutions and offer cross-disciplinary solutions for policymakers and banking regulators.
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Wed, 01 Sep 2004 00:00:00 GMT
Conference Report #18 by Gerard Caprio, Jonathan Fiechter, Robert E. Litan and Michael Pomerleano. (September 2004)
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Sun, 01 Feb 2004 00:00:00 GMT
Paper by Warwick J. McKibbin and David Vines (2/04)
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Fri, 17 Oct 2003 00:00:00 GMT
Chapters from the upcoming book by Paul R. Masson and Catherine Pattillo, April 10, 2003
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Mon, 01 Sep 2003 00:00:00 GMT
Paper by Warrick J. McKibbin
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Tue, 01 Jul 2003 00:00:00 GMT
Brookings Policy Brief #121 by Paul Masson and Heather Milkiewicz. (July 2003)
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Tue, 27 May 2003 00:00:00 GMT
Opinion by Robert E. Litan (5/27/03)
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Tue, 06 May 2003 00:00:00 GMT
Opinion by Robert E. Litan (5/06/03)
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Tue, 17 Dec 2002 10:00:00 GMT
Event Information:
- December 17, 2002, 10:00 AM to 11:30 AM
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Tue, 27 Nov 2001 00:00:00 GMT
Paper by Shang-Jin Wei, Senior Fellow, the Brookings Institution, and Haizhou Huang, International Monetary Fund, November 27, 2001
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Fri, 02 Nov 2001 00:00:00 GMT
Paper by Jeffrey Frankel, Harvard University, and Peter R. Orszag, Senior Fellow, The Brookings Institution, November 2, 2001
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Sat, 01 Sep 2001 00:00:00 GMT
Brookings Review article by Ralph C. Bryant (Fall 2001)
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Thu, 01 Feb 2001 00:00:00 GMT
In this policy brief, the authors propose an alternative to the conventional natural rate model. It is based on behavioral assumptions that we believe are more realistic than those underlying the natural rate model and that are backed by research on
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Tue, 01 Jun 1999 00:00:00 GMT
Brookings Review, Summer 1999
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Tue, 01 Jun 1999 00:00:00 GMT
Brookings Review, Summer 1999
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Thu, 07 Jan 1999 09:30:00 GMT
Event Information:
- January 07, 1999 at 9:30 AM
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Fri, 01 Jan 1999 00:00:00 GMT
Policy Brief #42, by Robert Solomon
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Thu, 01 Oct 1998 00:00:00 GMT
Discussion Papers in Economics
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Mon, 01 Jun 1998 00:00:00 GMT
Brookings Review article by David D. Hale (Summer 1998)
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Tue, 30 Dec 1997 00:00:00 GMT
Opinion by Martin Mayer, The Wall Street Journal (12/30/97)
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Sun, 01 Jun 1997 00:00:00 GMT
Brookings Review article by Roger G. Noll and Andrew Zimbalist (Summer 1997)
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Sat, 01 Mar 1997 00:00:00 GMT
Brookings Review article by Barry Eichengreen (Spring 1997)
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Sun, 01 Sep 1996 00:00:00 GMT
Brookings Review article by Charles L. Schultze (Fall 1996)
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Thu, 01 Aug 1996 00:00:00 GMT
Policy Brief #4, by George A. Akerlof, William T. Dickens, and George L. Perry (August 1996)
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Mon, 01 Jul 1996 00:00:00 GMT
Brookings Discussion Papers in International Economics
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Sat, 01 Jun 1996 00:00:00 GMT
Brookings Discussion Papers in International Economics
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Mon, 01 May 1995 00:00:00 GMT
Paper by Susan Collins (5/95)
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Fri, 01 Apr 1983 00:00:00 GMT

This book analyzes three common sources on confusion about Federal Reserve policy: an inadequate comprehension of the differences among alternative operating procedures available to the Federal Reserve and the consequences of choosing one set of proc