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Tuesday February 9, 2010

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UPCOMING EVENT

Save to My PortfolioMoney and Morality

Tuesday, February 16, 2010
2:30 PM to 3:45 PM
Washington, DC

Money and MoralityIn his new book, Stephen Green explores how the global financial sector could respond to the current crisis in a way that aligns our human desires with our spiritual and psychological needs. On February 16, Green will join Senior Fellow E.J. Dionne, Jr. to share his insights on money and morality in the context of today's increasingly interdependent world economy. Read More

UPCOMING EVENT

Save to My PortfolioThe Scouting Report: Economics of Happiness

Wednesday, February 10, 2010
12:30 PM to 1:30 PM
Washington, DC

The Scouting Report: Economics of HappinessOn Wednesday, February 10, Carol Graham will explain how measures of happiness may be more novel barometers for well-being than other, more easily defined variables such as income or wealth. Fred Barbash, senior editor at POLITICO, will moderate the discussion. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioAre Davos Man's Days Numbered?

Raj M. Desai and James Raymond Vreeland, January 26, 2010, The Brookings Institution

Are Davos Man's Days Numbered?At the World Economic Forum in Davos, global cooperation is at the top of the agenda. As the governance of international organizations is at odds with the global distribution of economic power, this goal for Davos could prove difficult. Brookings expert Raj Desai and Georgetown University Professor James Raymond Vreeland discuss global governance issues among economic institutions and urge that regional organizations might be the best path for economic governance. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioConfronting the Long Crisis of Globalization

Alex Evans, Bruce Jones and David Steven, January 26, 2010, The Brookings Institution

Confronting the Long Crisis of GlobalizationWhile global security threats have changed and multiplied dramatically since the fall of the Berlin Wall, international mechanisms for preventing and responding to these threats have lagged far behind. Alex Evans, Bruce Jones and David Steven explore the current trends in challenges to global security and stability, and suggest a new international framework for coping with the new set of global dynamics. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Republic of India at Sixty

Arvind Panagariya, January 25, 2010, The Brookings Institution

The Republic of India at SixtyOn the eve of India's 60th anniversary as a republic, Arvind Panagariya reflects on the country's economic accomplishments. As an economy that showed remarkable resilience to the recent global financial crisis, India is still in need of economic reform to sustain and accelerate the pace of growth and poverty alleviation. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioObama and Global Financial Stability

Kemal Derviş and Eswar Prasad, January 14, 2010, The Brookings Institution

Obama and Global Financial StabilityIn this installment of the Status Report, a series of policy assessments of the Obama administration's first year, Kemal Derviş and Eswar Prasad give President Obama a B+ for what the new administration accomplished on economic policy during the global financial crisis, but temper the high grade with an incomplete for the big tasks that lie ahead. Read More

PAST EVENT

Save to My PortfolioRev. Jim Wallis on Rediscovering Values in the New Economy

Monday, January 11, 2010
10:30 AM to 12:00 PM
Washington, DC

E.J. Dionne hosted a discussion with Rev. Jim Wallis, president and CEO of Sojourners, on his new book and how various religious traditions offer valuable correctives on how to get us on a firmer path to economic recovery. Wallis's book encourages Americans to look at how the economic crisis has changed the country. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Status Report: Obama's Effort to Restore Economic Confidence

Karen Dynan and Martin Neil Baily, January 11, 2010, The Brookings Institution

The Status Report: Obama's Effort to Restore Economic ConfidenceKaren Dynan and Martin Baily give the Obama administration an A- in its effort to restore U.S. economic confidence, offering credit for deft handling of the economic crisis but raising questions about whether the president has laid the foundation for sustained growth. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioEmerging Markets Need to Target Inflation

Eswar Prasad and Ravi Kanbur, January 06, 2010, Financial Times

Emerging Markets Need to Target InflationInflation targeting has become the monetary policy framework of choice for emerging markets, yet it has come under sharp attack in the aftermath of the global financial crisis. Brookings expert Eswar Prasad and Cornell University professor Ravi Kanbur discuss the multiple objectives facing central banks as they target inflation and caution against giving them too much responsibility. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioRebalancing Growth in Asia

Eswar Prasad, December 22, 2009, Finance and Development, Volume 46, Number 4

Rebalancing Growth in AsiaAsian economies are seeing strong, stable growth and leading the world out of the recession. In the December 2009 issue of the IMF's Finance & Development, Eswar Prasad discusses how Asian emerging markets can improve their economic welfare by rebalancing growth toward domestic demand. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioJoblessness Threatens Economic Recovery Around the Globe

Naoki Abe, December 22, 2009, The Brookings Institution

Joblessness Threatens Economic Recovery Around the GlobeIn early 2010, economies around the world seem to be rebounding from the 2008-2009 recession. But CNAPS Guest Scholar Naoki Abe writes that high and chronic unemployment in the United States, Japan, China, and elsewhere will make the recovery from this recession slower than previous cases, and may present a long-term threat to economic growth. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioDeveloping Economies Can Help Cure Global Imbalances

Kemal Derviş, December 21, 2009, FT.com

There is widespread consensus that global account imbalances contributed to the financial crisis of 2008-09, and there is even greater agreement on the need to rebalance world demand to support and sustain recovery. Kemal Derviş discusses the roles the United States and China play in the global economy and how developing economies can help cure the global economic imbalance. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioPresentation on the Causes of the Financial Crisis and the Economic Outlook

Ted Gayer, December 17, 2009, The Environmental Law Institute

In a recent presentation to the Environmental Law Institute, Ted Gayer outlined the underlying causes of the financial crisis and the economic outlook facing the United States in the months to come. Gayer concludes that by the end of 2010 a modest recovery will have occurred. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioDubai: Back to Business As Usual?

Tarik Yousef, December 15, 2009, The Riz Khan show, Al Jazeera English

Dubai: Back to Business As Usual?As a guest on Al Jazeera English's Riz Khan show, Tarik Yousef notes that Dubai will retain its place as a hub for regional and international business well into the future, despite recent anxiety about the debt troubles of government-backed entities such as Dubai World. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioFinancial Sector Power: Is it Shifting Back to Wall Street?

Daniel Kaufmann, December 15, 2009, The Brookings Institution

Financial Sector Power: Is it Shifting Back to Wall Street?With regard to U.S. financial institutions, there is the impression that insufficient attention is being paid to the challenges posed by the influence of vested interests, money in politics, legal corruption and capture. Daniel Kaufmann discusses the possible power shift from Washington to Wall Street and urges more action in the effort to reduce the influence of very large institutions over the financial system. Read More

In Brief

The U.S. financial crisis quickly spread worldwide given the interconnectedness of the global economy in trade, finance and investments. The impact on and reaction from developed countries and emerging markets differ based on their global economic integration and policy responses. Brookings experts explore the ongoing global effects of the crisis.

Upcoming Events

Economics of Happiness Save to My Portfolio The Scouting Report: Economics of Happiness

February 10, 2010

The Brookings Institution

Religion, Policy and Politics Save to My Portfolio Money and Morality

February 16, 2010

The Brookings Institution

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TopicEducation

The economic and political well-being of any society requires a well-educated citizenry. Brookings’s work extends beyond the K-12 bookends to include pre-school interventions, higher education and the challenges of education in developing countries.

ExpertTed Gayer

Ted Gayer is the co-director of the Economic Studies program and the Joseph A. Pechman Senior Fellow at the Brookings Institution. He conducts research on a variety of economic issues, focusing particularly on public finance, environmental and energy economics, housing, and regulatory policy.

TopicHealth Care

Brookings is committed to producing innovative policy solutions to our nation’s most difficult challenges. The country may face no more important domestic policy challenge than the much-needed reform of our health care system. Through an institution-wide effort, Brookings delivers new ideas and offers policy solutions to improve health care both at home and globally.

Policy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is an adjunct professor in the Security Studies Program at Georgetown University’s School of Foreign Service.

ExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

Research ProjectAfrica Growth Initiative

The Africa Growth Initiative conducts high-quality policy research and analysis focused on attaining sustainable economic development and prosperity in Africa, while amplifying the voice of African researchers in policy-making and planning.

Research ProjectLatin America Initiative

The Latin America Initiative provides high-quality, in-depth, and independent research across a range of economic and political issues, and offers policy recommendations aimed at U.S. and Latin American policymakers.

ExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families at Brookings.

ExpertAmy Liu

Amy Liu is deputy director of the Brookings Metropolitan Policy Program. Her policy studies include economic competitiveness, metropolitan growth and development, governance reforms, urban reinvestment, and social equity.

ExpertRichard C. Bush III

Richard Bush is the director of the Center for Northeast Asian Policy Studies. His public service career spans Congress, the intelligence community and the U.S. State Department. He currently focuses on China-Taiwan and U.S.-China relations, the Korean peninsula and Japan’s security.

Policy CenterCenter for Northeast Asian Policy Studies

CNAPS conducts research, analysis, and outreach designed to enhance policy development and understanding on the pressing political, economic, and security issues facing Northeast Asia.

Policy CenterUrban-Brookings Tax Policy Center

The Tax Policy Center, a joint venture of the Urban Institute and Brookings Institution, is comprised of nationally recognized experts in tax, budget and social policy who have served at the highest levels of government.

Research ProjectBrookings-Bern Project on Internal Displacement

The Brookings-Bern Project on Internal Displacement monitors displacement problems worldwide, works with governments, regional bodies, international organizations and civil society to create more effective policies and institutional arrangements for Internally Displaed Persons.

ExpertDomenico Lombardi

As president of the Oxford Institute for Economic Policy, Domenico Lombardi’s work at Brookings focuses on the international financial crisis and the reform of the IMF and the World Bank. He is an expert on G-20 and G8 Summits.

ExpertMark McClellan

Mark McClellan works on promoting high-quality, innovative and affordable health care. Once commissioner of the Food and Drug Administration and administrator of the Centers for Medicare & Medicaid Services, Dr. McClellan now directs the Engelberg Center for Health Care Reform.

ExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is a senior fellow with the Africa Growth Initiative. He focuses on Africa's development, including institutions for economic growth, the political economy, and private sector development.

Research ProjectArms Control Initiative

Few problems pose greater challenges to U.S. national security than controlling, reducing and countering the proliferation of nuclear arms. The Brookings Arms Control Initiative brings the Institution’s multidisciplinary strengths to bear on the critical challenges of arms control and non-proliferation.