Saturday February 11, 2012

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Save to My PortfolioSaving Europe: How National Politics Nearly Destroyed the Euro

Carlo Bastasin, January 01, 2012

Saving Europe reveals how the nexus of international economics and national politics pushed monetary union to the brink of extinction, how that disastrous development was avoided, and why the long-term viability of a common currency challenges politics as we know it. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Financial Crisis and the Path of Reform: Three Years Later

Michael Barr, December 21, 2011, The Brookings Institution

The Financial Crisis and the Path of Reform: Three Years LaterMichael Barr summarizes the financial reform measures that have been put in place both in the United States and abroad since the 2008 financial crisis. Barr discusses in further detail the threats to reform's implementation, both political and within the industry, that have deveolped since the passage of the Dodd-Frank Act in July 2010. Read More

RESEARCH AND COMMENTARY

Save to My Portfolio2012: The Year We Import Recession from Europe?

Douglas J. Elliott, December 20, 2011, The Brookings Institution

2012: The Year We Import Recession from Europe?Douglas Elliott writes that if Europe doesn't solve its debt crisis in 2012, it could lead to depressed economic conditions globally. Despite the myriad paths to disaster, Elliott explains why a major crisis is likely to be averted in spite of an unimpressive resolution process thus far. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Case for Labeling Newcits as Complex

Robert C. Pozen, December 18, 2011, Financial Times

Robert Pozen explains regulatory proposals concerning derivatives and their inclusion in UCITS funds. Pozen explains the matter and argues for regulation that would require clearly labelling some UCITS funds as complex and a stricter vetting of customers for such funds. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioEurope's Crisis Deal Is Causing a Lot of Infighting

Douglas J. Elliott, December 16, 2011, CNNMoney

Europe's Crisis Deal Is Causing a Lot of InfightingDouglas Elliott examines why markets haven't responded strongly following the latest euro crisis summit, arguing that this is due in part to British opposition to the proposed eurozone fiscal pact. Elliott explains why the UK rejected the EU treaty-wide change and what this means for the euro crisis moving forward. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioWhat the Euro Crisis Means for Taxpayers and the U.S. Economy

Douglas J. Elliott, December 15, 2011, Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs of the House Committee on Oversight and Government Reform

What the Euro Crisis Means for Taxpayers and the U.S. EconomyTestifying before Congress, Douglas Elliott discusses the likelihood that the euro crisis will cause Europe to plunge into a deep recession and the United States into a mild recession. Elliott warns that the crisis is likely to get worse before it gets better. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Euro Summit Only Worked if It Convinced the European Central Bank

Douglas J. Elliott, December 09, 2011, CNNMoney

European Central Bank President Mario Draghi Douglas Elliott examines the outcomes emerging from the latest euro summit and explains why the eurozone's short- and medium-term strength relies heavily on the cooperation of the European Central Bank. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioEuropean Debt Crisis is Far From Over

George L. Perry, December 08, 2011, CNNMoney

European Debt Crisis is Far From OverGeorge Perry explains why Europe needs a stronger solution to the euro crisis than those currently predicted of the euro summit. Perry describes an efficient plan that would encourage fiscal union throughout the eurozone, a condition that he says should be the top priority of this summit. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioEurope's Last Chance to Get it Right: From Monnet to Mitter-ohl and Merk-ozy

Michael Barr and Daniel Halberstam, December 08, 2011, CNBC

Europe's Last Chance to Get it Right: From Monnet to Mitter-ohl and Merk-ozy Michael Barr and Daniel Halberstam revisit the history of the euro to explain why preserving the eurozone's fiscal unity is necessary for Europe to have a strong economic future. Barr and Halberstam also explain what France and Germany must do to help bring Europe out of its current crisis. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioEurope Tries Again on Friday: Expect More Progress and Some Disappointment

Douglas J. Elliott, December 07, 2011, The Brookings Institution

Europe Tries Again on Friday: Expect More Progress and Some DisappointmentThe outcome of the next eurozone summit is forecasted by Douglas Elliott to be similar to past summits: it is unlikely to provide the final answer, but it should move the continent considerably closer to a solution. Elliott describes what this solution is and how leading eurozone member states can work toward it. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioPopulation Displacement and Export Credit

Michael M. Cernea, December 06, 2011, The Brookings Institution

Internally displaced persons are increasingly a product not only of conflicts and natural disasters, but also of private or public sector infrastructure projects. The number and size of such projects are rapidly growing in developing countries, in particular due to the financial facilitations made available to private construction companies and banks through Export Credit Agencies. Michael Cernea examines how Export Credit Agencies fit into the complex issues of development and displacement. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioReaching Out: Cuba’s New Economy and the International Response

Richard Feinberg, November 2011, The Brookings Institution

Reaching Out: Cuba’s New Economy and the International ResponseRichard Feinberg recommends a step-by-step approach for bridging the gap between international financial institutions and Cuba. Feinberg also addresses legal and political constraints on U.S. policy, including restrictive Congressional mandates, and suggests practical strategies for overcoming them. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioDear Europe: Breaking Up Is a Foolish Risk

Douglas J. Elliott, November 13, 2011, CNNMoney

Dear Europe: Breaking Up Is a Foolish RiskDouglas Elliott says that ridding the eurozone of weaker states like Greece would be a risky move that could spread recession across much of Europe. While there may be benefits to this move, Elliott argues that they are not nearly as clear as some would claim. Read More

PAST EVENT

Save to My PortfolioHong Kong and China's Next Five Years of Development: A Keynote Address by The Honorable Donald Tsang

Wednesday, November 09, 2011
12:30 PM to 2:00 PM
Washington, DC

Reuters/Paul YeungThe United States and Hong Kong have long enjoyed close and mutually beneficial economic ties, with a 65% increase in U.S. companies based in Hong Kong over the past decade and $27 billion in U.S. merchandise exports to Hong Kong in 2010 alone. On November 9, the Brookings John L. Thornton China Center and the Center for Northeast Asian Policy Studies hosted The Honorable Donald Tsang, Chief Executive of the Hong Kong Special Administrative Region, for a keynote speech on the benefits of strengthened trade and investment relations between Hong Kong and the United States. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioItaly: Definitely Too Big to Fail, Maybe Too Big to Bail

Douglas J. Elliott, November 09, 2011, CNNMoney

Italy: Definitely Too Big to Fail, Maybe Too Big to BailDouglas Elliott explains why an Italian economic collapse could trigger another worldwide recession. While markets and governments seem to agree that steps must be taken to prevent an Italian collapse, Elliott finds three reasons why this scenario still may have a tragic ending. Read More

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Robert KaganExpertRobert Kagan

Robert Kagan is an expert and frequent commentator on Egypt, the Middle East, U.S. national security, and U.S.-European relations. He writes a monthly column on world affairs for the Washington Post and is a contributing editor at the Weekly Standard and the New Republic.

Alice M. RivlinExpertAlice M. Rivlin

In February 1975, the Congressional Budget Office was established with Alice Rivlin as its first director. Rivlin is an expert on urban issues as well as fiscal, monetary and social policy and directs the Greater Washington Research project at Brookings.

Brookings Mobile ApplicationsNEW FEATUREBrookings Mobile Applications

Stay up-to-date with our independent, high-quality research, learn about Brookings events and search our directory of experts all from your BlackBerry, iPad, iPhone or Android device.

Center on Children and FamiliesPolicy 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.

John L. Thornton China CenterPolicy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.

Growth through InnovationTopicGrowth through Innovation

What new practices and mechanisms will help prevent another economic downturn from turning into a financial panic that could become a truly global meltdown? What changes in the public and private sectors will build the workforce and infrastructure required for a global information-based economy?

Opportunity and Well-beingTopicOpportunity and Well-being

As they weather the current economic storm, will our governments and societies address the basic needs and aspirations of the least well-off? How can we better use education to raise individual aspirations? How should governments around the world accelerate preparations to provide social services for the billions moving from poverty into the middle class?

Center for Technology InnovationPolicy CenterCenter for Technology Innovation

The Center for Technology Innovation is at the forefront of shaping public debate on technology innovation and developing data-driven scholarship to enhance understanding of technology’s legal, economic, social, and governance ramifications.

William G. GaleExpertWilliam G. Gale

Bill Gale, the Arjay and Frances Miller Chair in Federal Economic Policy in the Economic Studies Program at Brookings, is an expert on tax policy, fiscal issues, pensions, and saving behavior. He is also co-director of the Tax Policy Center and director of the Retirement Security Project.

Daniel KaufmannExpertDaniel Kaufmann

Daniel Kaufmann was previously the director at the World Bank Institute, leading the work on governance and anti-corruption. His areas of expertise are public sector and regulatory reform, development, governance and anti-corruption.

Mwangi S. KimenyiExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is senior fellow and director of the Africa Growth Initiative. The founding executive director of the Kenya Institute for Public Policy Research and Analysis (1999-2005), he focuses on Africa's development including institutions for economic growth, political economy, and private sector development.

Donald KohnExpertDonald Kohn

Donald Kohn is a 40-year veteran of the Federal Reserve System and served as vice chairman of the Board of Governors of the Federal Reserve from 2006 to 2010. He was recently appointed by the government of the United Kingdom and the Bank of England to serve on its interim Financial Policy Committee. Kohn focuses on issues of monetary policy, financial regulation and macroeconomics.

Budgeting for National PrioritiesResearch ProjectBudgeting for National Priorities

The Budgeting for National Priorities project promotes greater fiscal responsibility by developing new ideas, educating the public and finding common ground among experts and policy-makers.

Shadi HamidExpertShadi Hamid

Shadi Hamid focuses on Islamist political parties and democratic reform in the Middle East. Prior to joining Brookings, he was Director of Research at the Project on Middle East Democracy (POMED) and a Hewlett Fellow at Stanford University’s Center on Democracy, Development, and the Rule of Law.

Katherine SierraExpertKatherine Sierra

Katherine Sierra is a senior fellow in the Global Economy and Development program. A former vice president for sustainable development at the World Bank, she focuses on climate change and energy.

State of Metropolitan AmericaMetropolitan Policy ProgramState of Metropolitan America

Foreshadowing 2010 Census results, this new Brookings report and interactive map defines who Americans are—and who they are becoming—in the face of continued growth, population aging and diversification, uneven educational attainment and income polarization.

Darrell M. WestExpertDarrell M. West

Darrell M. West is vice president and director of Governance Studies and founding director of the Center for Technology Innovation at Brookings. His studies include technology policy, electronic government, and mass media.

Vanda Felbab-BrownExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is the author of Shooting Up: Counterinsurgency and the War on Drugs (Brookings Institution Press, 2009).

Suzanne MaloneyExpertSuzanne 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.

Africa Growth InitiativeResearch 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.

Energy and ClimateTopicEnergy and Climate

What will it take to mitigate severe climate disruption? What should our priorities be in the relationship between fresh water and climate change? What will it take to help vulnerable countries and regions adapt to change already taking place?

Isabel V. SawhillExpertIsabel 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 and the Budgeting for National Priorities Project at Brookings.

Global ChangeTopicGlobal Change

How do we develop more realistic approaches and more effective means of ending intractable old conflicts and preventing new ones? How do we enhance measures to thwart nonstate actors—especially terrorists and illicit traffickers—and prevent the spread of nuclear weapons?