RESEARCH AND COMMENTARY
Eswar Prasad and Grace Gu, November 11, 2009, The Brookings Institution
While the economic entanglements between the U.S. and China have increased over the last decade, so has the tension. With President Obama visiting China and other Asian nations, Brookings expert Eswar Prasad and Grace Gu of Cornell University discuss the tightening embrace between the two countries—in terms of flows of goods and services, financial capital and people—and the implications. Read More
RESEARCH AND COMMENTARY
Clifford G. Gaddy and Barry W. Ickes, November 11, 2009, The Brookings Institution
When Putin took power in 2000, he established a protection deal among powerful business owners. Clifford Gaddy and Barry Ickes discuss the intricacies of this arrangement and what message a recent suit against one of the country’s leading business newspapers is meant to send. Read More
PAST EVENT
Wednesday, November 04, 2009
12:30 PM to 1:30 PM
Washington, DC
China’s continued ascension presents policy challenges for both Beijing and Washington. President Barack Obama made his first trip to China from November 15-18. Kenneth Lieberthal and Fred Barbash, Politico's senior editor, took questions about the president’s trip to China in this edition of the Scouting Report. Read More
RESEARCH AND COMMENTARY
Urjit R. Patel, November 02, 2009, The Brookings Institution
There is an emerging consensus among governments that aggressive climate change mitigation would be desirable, though they remain divided about how the associated burden should be shared. Urjit Patel argues that a burden sharing criterion which involves emissions permit allocation to each developing country would be a fair deal and discusses how this would affect India. Read More
RESEARCH AND COMMENTARY
September 17, 2009, The Brookings Institution
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. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, September 14, 2009, The Wall Street Journal
The Obama administration's decision to impose tariffs on imports of Chinese tires has been met with a swift and sharp response by China. Eswar Prasad discusses the implications of protectionist measures and warns this U.S.-China spat could have global consequences. Read More
RESEARCH AND COMMENTARY
Arvind Panagariya, August 10, 2009, Forbes.com
In response to Secretary Clinton's call for India to help combat global warming, India's environment minister said that India, with over 300 million impoverished people, was not in a position to assume legally binding emissions. Arvind Panagariya reviews the debate and argues for developed countries to substantially cut their emissions before asking developing countries to commit to mitigation. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, August 09, 2009, The Financial Times
Although India’s economy has weathered the global financial crisis quite well, Eswar Prasad says the present political and economic circumstances in India give Prime Minister Manmohan Singh a chance to deliver real reforms, which are crucial for sustained growth that does not leave behind much of the population. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, August 02, 2009, Forbes.com
Eswar Prasad argues that a key component in restoring overall global financial health is to fix growth imbalances in Asia's emerging markets, especially China's excessive dependence on export- and investment-led growth. Prasad encourages financial market development in China to increase private consumption to make growth more balanced and thus help stabilize the world financial and economic systems. Read More
RESEARCH AND COMMENTARY
Eswar Prasad and Isaac Sorkin, July 21, 2009, The Brookings Institution
While the financial crisis slowed the pace of foreign exchange reserve accumulation in late 2008, growth has recently taken off again. China announced its stock of reserves crossed the astounding milestone of $2 trillion this spring. Eswar Prasad and Isaac Sorkin analyze the sources and patterns of reserve accumulation and examine what implications this reserve buildup has for the Chinese and global economies. Read More
PAST EVENT
Monday, July 13, 2009
2:00 PM to 3:30 PM
Washington, DC
On July 13, the Latin America Initiative at Brookings hosted a discussion on the recently released book, Brazil as an Economic Superpower? Understanding Brazil’s Changing Role in the Global Economy (Brookings Institution Press, 2009), edited by Brookings Political Economy Fellow Leonardo Martinez-Diaz and Lael Brainard, former vice president and director of Global Economy and Development at Brookings. Read More
RESEARCH AND COMMENTARY
Eswar Prasad and M. Ayhan Kose, June 16, 2009, Foreign Policy Magazine
As the global financial crisis persists, some believe that emerging markets have become less reliant on advanced economies. Eswar Prasad and M. Ayhan Kose examine certain aspects of the decoupling hypothesis to see what they indicate for the future of the global economy. Read More
RESEARCH AND COMMENTARY
Arvind Panagariya, May 26, 2009, The Wall Street Journal
As Manmohan Singh begins his second term as India's Prime Minister, many challenges lay ahead. Arvind Panagariya recommends that to push vital economic reforms ahead, Mr. Singh's government must focus on both the business and rural sectors. Read More
RESEARCH AND COMMENTARY
Warwick J. McKibbin, April 09, 2009, Australian Broadcasting Corporation
As the global economy begins to show some signs of recovery following the financial crisis, many are asking if the worst is over. In an interivew with the Australian Broadcasting Cooperation, Warwick McKibbin discusses the causes and consequences of the crisis and his optimitism for economic growth in many countries. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, April 02, 2009, FT.com
The reordering of the global economic power structure has created a leadership void among emerging markets. Eswar Prasad believes India is in an ideal position to lead the emerging markets and urges them to step up. Read More