RESEARCH AND COMMENTARY
Johannes F. Linn, November 18, 2009, The Brookings Institution
Johannes Linn comments on the final report issued in October 2009 by the High-Level Commission on Modernization of World Bank Group Governance. He reviews key recommendations and examines reform challenges the World Bank faces moving forward. Read More
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
PAST EVENT
Tuesday, October 27, 2009
6:00 PM to 8:00 PM
On October 27, the Brookings Doha Center hosted a luncheon with Glenn H. Hutchins, co-founder and co-chief executive of Silver Lake Partners, and a trustee of the Brookings Institution, on the build-up to the global financial crisis, highlighting the important policy implications of the global recession. Hady Amr, director of the Brookings Doha Center, moderated the discussion which was attended by leading members of Qatar’s business and academic communities. Read More
PAST EVENT
Monday, October 26, 2009
5:00 PM to 7:00 PM
Washington, DC
On October 26, the Center on the United States and Europe at Brookings hosted Jean Pisani-Ferry, a leading French economist, to deliver the Sixth Annual Raymond Aron Lecture. Mr. Pisani-Ferry assessed the impact of the global financial crisis on the closely intertwined economies of Europe and the United States, and their influence on the world economy. Read More
RESEARCH AND COMMENTARY
Mauricio Cárdenas, October 19, 2009, The Brookings Institution
Latin America, a region that has faced both challenges and opportunities during the financial crisis, has had more economic growth than other areas of the world. Mauricio Cárdenas discusses the forces behind this economic success and the need for the region to seize this crisis as an opportunity to make important reforms to solve longstanding problems. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, October 13, 2009, FT.com Economists' Forum
The financial crisis has taught us a painful lesson that global macroeconomic imbalances can wreak enormous damage on the world economy. At the G-20 Pittsburgh Summit, leaders committed to a framework that would prevent further damage. Eswar Prasad proposes a Special Drawing Rights scheme that allows G-20 countries to make enforceable policy commitments. Read More
RESEARCH AND COMMENTARY
Kemal Derviş, October 08, 2009, The Brookings Institution
The fall global economic agenda is well underway with the completion of the G-20 Pittsburgh Summit and the IMF and World Bank Annual Meetings in Istanbul. Kemal Derviş discusses the key themes coming out of these “historic” meetings, highlighting the essential roles of both the informal and formal channels of global economic governance and the way forward after the crisis. Read More
RESEARCH AND COMMENTARY
Kemal Derviş, October 04, 2009, IMF-World Bank 2009 Annual Meetings
During a lecture at the IMF-World Bank 2009 Annual Meetings, Kemal Derviş discussed global growth prospects following the economic crisis and the role that supply side factors and macroeconomic management can play. Read More
RESEARCH AND COMMENTARY
Warwick J. McKibbin and Andrew Stoeckel, September 28, 2009, The Brookings Institution
Warwick McKibbin and Andrew Stoeckel use modelling to explore the economic effects of a global financial crisis where businesses and households unexpectedly switch between a pessimistic view on risk and then to a more moderate temporary scenario. Read More
RESEARCH AND COMMENTARY
Homi Kharas, September 24, 2009, The Brookings Institution
A topic of discussion at previous G-20 summits, IBRD resources are central to helping poor countries survive this economic crisis. Homi Kharas discusses the importance of making IBRD resources much more widely available to promote development and urges G-20 leaders to continue talks about this issue at the summit in Pittsburgh. Read More
PAST EVENT
Thursday, September 17, 2009
2:00 PM to 3:30 PM
Washington, DC
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. 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
VIDEO
Karen Dynan, September 14, 2009
It’s been one year since the economic crisis hit hard with the failure of Lehman Brothers, which reverberated throughout the financial sector and the world. President Obama gave a speech on Wall Street pressing for financial system reforms to prevent a future similar crisis. Vice President and Economic Studies co-director Karen Dynan evaluates the impact of the government’s intervention over the past year and where we go from here.
RESEARCH AND COMMENTARY
Eswar Prasad, September 14, 2009, The Economic Times
A year after the bankruptcy of Lehman Brothers and the ensuing near collapse of the U.S. financial system, Eswar Prasad reflects on what led to these circumstances and urges for coordinated solutions to avoid further global imbalances. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, Gill Hammond and Ravi Kanbur, August 19, 2009, The Brookings Institution
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. Read More