PAST EVENT
Thursday, September 08, 2011
10:30 AM to 11:15 AM
American Enterprise Institute
Washington, DC
As the United States labors under the longest economic crisis of recent times, foreign aid has once again come under fire. On September 8, Rep. Howard Berman (D-CA) will speak on the importance of foreign aid and his vision for new legislation on the fiftieth anniversary of the Foreign Assistance Act. Read More
RESEARCH AND COMMENTARY
Arthur R. Kroeber, September 07, 2011, The Brookings Institution
Arthur Kroeber describes China's monetary policy around the renminbi (RMB), as China maintains its refusal to allow the RMB's value to fluctuate with the market, and examines the impact this refusal has on China's relationship with the United States. Read More
RESEARCH AND COMMENTARY
Lex Rieffel, August 12, 2011, The Brookings Institution

Lex Rieffel argues that commitments to monetary and fiscal discipline, two elements essential to macroeconomic stability, have been lost. While Europe, the United States and Japan have succeeded in suppressing inflation, Rieffel writes that these democracies have failed to keep debt from ballooning into unsustainable levels since the global financial crisis in 2007-2008.
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RESEARCH AND COMMENTARY
Eduardo Levy-Yeyati, July 29, 2011, The Brookings Institution
In the latest to attempt to resolve Greece's financial crisis, leaders are now focusing on a debt buyback funded by the European Financial Stability Facility (EFSF), to lighten the heavy debt burden. Eduardo Levy-Yeyati explains this possible solution, analyzing the current situation in Greece in light of Latin American precedents.
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RESEARCH AND COMMENTARY
Eswar Prasad and Mengjie Ding, July 28, 2011, Financial Times

The global financial crisis triggered a sharp increase in global public debt levels. Recent events in Greece, Ireland, Portugal and other economies uncovered the effects of debt buildups. In a new online interactive feature with the Financial Times, Eswar Prasad and Mengjie Ding analyze the global debt burden, which has sharply risen in advanced economies, causing a major threat to global financial stability.
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RESEARCH AND COMMENTARY
Kemal Derviş, July 19, 2011, Project Syndicate
Although the Greek economy is small, possible spillover effects from the country's ongoing financial crisis have heightened its importance. Using Greece's situation as an example, Kemal Derviş argues that economic interdependence has become much more complex, and urges preemptive measures to uncover financial risks. Read More
RESEARCH AND COMMENTARY
Eswar Prasad and Grace Gu, January 17, 2011, The Brookings Institution
As the United States prepares for Chinese President Hu Jintao’s visit to Washington, Eswar Prasad and Grace Gu reflect on the U.S.-China bilateral relationship, including issues surrounding trade and currency policies. They argue that managing sources of tension and emphasizing the long-term benefits of cooperation between the two nations is critical to deal with a host of global issues, including reforming the international monetary system, breaking the deadlock on trade talks, and tackling climate change. Read More
RESEARCH AND COMMENTARY
Karen Dynan, Gary Burtless, Alice M. Rivlin, Henry J. Aaron, Donald Kohn, Douglas J. Elliott and Adele Morris, December 23, 2010, The Brookings Institution
The uneasy economy continued to dominate the headlines in 2010. Unemployment rates, climate change, the Federal Reserve and sovereign debt were among the top stories. Brookings experts weigh in on the year’s most compelling economic news and offer recommendations going forward. Read More
RESEARCH AND COMMENTARY
Eswar Prasad and Mengjie Ding, November 01, 2010, Financial Times
The global financial crisis triggered a sharp increase in global public debt levels, which poses risks to fiscal and macroeconomic stability. In a new online interactive feature with the Financial Times, Eswar Prasad and Mengjie Ding analyze the burden of public debt in countries around the world and find that advanced economies account for much of the increase in world public debt, putting financial stability in these countries and global financial stability in jeopardy. Read More
RESEARCH AND COMMENTARY
Alice M. Rivlin, February 11, 2010, Senate Budget Committee
Testifying before the Senate Budget Committee, Alice Rivlin stated that on any reasonable set of economic assumptions, the U.S. budget is on an unsustainable track. Rivlin commented that solutions must be found because as the U.S. debt mounts, the risk grows that the nation's creditors, especially the foreign creditors who own half the debt, will lose confidence in the U.S. ability to get its house in order and will demand dramatically higher interest rates to lend more. Read More
RESEARCH AND COMMENTARY
Kenneth Rogoff, September 15, 2008, Project Syndicate
A year into the global financial crisis, several key central banks remain exposed to their countries’ shaky private financial sectors. In a new op-ed, Ken Rogoff explains why central banks must pull the plug sooner or later and how banks should approach regulation and view the market. Read More
PAST EVENT
Wednesday, June 18, 2008
11:00 AM to 12:00 PM
Washington, DC
On June 18, the Brookings Institution hosted Representative Paul Ryan (R-Wisc.) and Representative Jim Cooper (D-Tenn.) to discuss different approaches to correct the unsustainable path of our current fiscal policies. Read More
RESEARCH AND COMMENTARY
Caroline Moser, James Pickett and Pamela Sparr, July 2007, The Brookings Institution
Asset Debate Paper by Caroline O. N. Moser, The Brookings Institution (01/07/07) Read More
RESEARCH AND COMMENTARY
Kenneth Rogoff, June 26, 2007, House Committee on the Budget
Testimony by Kenneth Rogoff before the House Committee on the Budget (6/26/07) Read More
PAST EVENT
Wednesday, February 28, 2007
2:00 PM to 4:00 PM
Washington, DC
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