Sunday February 12, 2012

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RESEARCH AND COMMENTARY

Save to My PortfolioTransparency, Conflict Minerals and Natural Resources: Debating Sections 1502 and 1504 of the Dodd-Frank Act

Daniel Kaufmann and Veronika Penciakova, December 20, 2011, The Brookings Institution

Transparency, Conflict Minerals and Natural Resources: Debating Sections 1502 and 1504 of the Dodd-Frank ActDaniel Kaufmann and Veronika Penciakova examine the controversial provisions of the Dodd-Frank Act, arguing that if they are well implemented, they could contribute to increased transparency and deny financing to dangerous armed groups throughout the Democratic Republic of Congo and the surrounding countries. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioJudge Rakoff Challenge to the Security Exchange Commission: Can Regulatory Capture be Reversed?

Daniel Kaufmann and Veronika Penciakova, December 02, 2011, The Brookings Institution

Judge Rakoff Challenge to the Security Exchange Commission: Can Regulatory Capture be Reversed?Daniel Kaufmann and Veronika Penciakova examine Federal Judge Jed Rakoff's rejection of the settlement between the Security Exchange Commission and Citigroup, arguing that Rakoff’s challenge of the SEC exposes how old power balances that favor financial institutions remain alive and well. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioConflict Minerals: An Assessment of the Dodd-Frank Act

Melvin Ayogu and Zenia Lewis, October 03, 2011, The Brookings Institution

Conflict Minerals: An Assessment of the Dodd-Frank ActMelvin Ayogu and Zenia Lewis examine the provision in the Dodd-Frank Act that addresses the trade of conflict minerals originating in the Democratic Republic of the Congo, arguing that while the act has increased awareness of the ongoing humanitarian crisis, any lasting solution must incorporate a global strategy on conflict minerals. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioWill the United States Become a Global Securities Policeman?

Robert C. Pozen, August 05, 2010, Financial Times

Will the United States Become a Global Securities Policeman?Robert Pozen writes that new financial reform legislation may give U.S. courts jurisdiction to hear claims involving foreign securities traded on foreign exchanges, if there is "sufficient conduct or effect" in the United States. According to Pozen, this raises the question of whether U.S. courts will become the "financial policeman" of securities transactions across the globe. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Current Regulatory Battle

Douglas J. Elliott, April 16, 2010, New York Times - Room for Debate

Douglas Elliott analyzes the importance of the Securities and Exchange Commission’s civil lawsuit against Goldman Sachs. Elliott notes that the outcome depends on the strength of the government’s case and the extent to which this is a forerunner of lawsuits against other firms. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioLearning from the Economic Mess

Alice M. Rivlin, October 21, 2008, House Committee on Financial Services

In testimony before the House Committee on Financial Services, Alice Rivlin says that pundits have pronounced the death of capitalism prematurely, saying it is far too powerful a tool for increasing human economic well-being to be tossed aside. She believes there is plenty of blame to go around for the current crisis, and lays out steps to fix regulatory gaps, eliminate perverse and conflicting incentives and clarify and strengthen the roles of the current regulatory agencies. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioIdeas for a Second Stimulus

Martin Neil Baily, October 20, 2008, House Committee on the Budget

Ideas for a Second StimulusIn testimony before the House Budget Committee, Martin Baily says we need a second fiscal stimulus package to avoid a deep recession. He advocates for an immediate infusion of $200 billion, with a second $100 billion released if unemployment hits 7.5 percent. The package should include help for homeowners, tax rebates for families and aid to states and localities. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioMaking the Rescue Package Work: Asset and Equity Purchases

Martin Neil Baily and Robert E. Litan, October 10, 2008, The Brookings Institution

Making the Rescue Package Work: Asset and Equity PurchasesWith fears of a global recession pounding markets worldwide, many are watching closely to see if the U.S. Treasury can quickly implement the recent bailout package in a way that stabilizes the financial markets and unfreezes credit. Brookings experts Martin Baily and Robert Litan take a look at the Treasury Department’s chances of success and argue that the omens thus far are “not encouraging." Read More

RESEARCH AND COMMENTARY

Save to My PortfolioA “Broken” Branch? Four Lessons from Congress’s Great Financial Bailout Saga

Pietro S. Nivola, October 08, 2008, The Brookings Institution

A “Broken” Branch? Four Lessons from Congress’s Great Financial Bailout SagaWhen the House temporarily turned back the Bush Administration’s colossal financial rescue plan, many proclaimed the country’s political system gridlocked and dysfunctional. Cut them some slack, writes Brookings expert Pietro Nivola, who debunks the unwarranted ridicule that has deepened an already alarming degree of distrust of our venerable political institutions and public servants. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioLessons From the Financial Crisis

Martin Neil Baily, October 06, 2008, The Brookings Institution

Lessons From the Financial CrisisAs part of our ongoing series covering the financial crisis, Martin Baily, director of IBPP delivered a presentation at the NABE Meeting on October 6, 2008 on the cause of the current financial crisis and the domino effect that permeated the financial markets, and provided measures to be implemented to prevent another financial institution meltdown. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioA Brief Guide To Fixing Finance

Martin Neil Baily and Robert E. Litan, September 22, 2008, The Brookings Institution

A Brief Guide To Fixing FinanceMartin Baily and Robert Litan analyze the long-term implications of recent and proposed government efforts to stabilize the markets and the economy at large. As Congress considers legislation this week, Baily and Litan stress the importance of understanding how and why the dominoes fell, and most important, they advocate important systemic fixes: transparency, institutional liquidity and better oversight and tools given to regulators. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioGovernment Bailout: Changing the Face of Capitalism

Robert E. Litan, September 17, 2008, The Brookings Institution

Government Bailout: Changing the Face of CapitalismIn the wake of the federal bailouts of Bear Stearns, Fannie Mae, Freddie Mac and AIG—yet no lifeline for Lehman Brothers—serious institutional questions have arisen about the government’s role in the overall economy and where Uncle Sam draws the line. Robert Litan examines the ever-changing situation and whether these actions have changed the face of capitalism as Americans know it. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioAccounting and Disclosure After Enron

Robert E. Litan, March 2002, Testimony before the Senate Committee on Banking, Housing, and Urban Affairs

Robert Litan testified before the Senate Committee on Banking, Housing, and Urban Affairs to discuss accounting and disclosure issues in the wake of the Enron failure. Read More

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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.

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.

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.

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.

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.

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.

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.

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.

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?

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?

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).

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?

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.

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.

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.

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.

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.

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.

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.

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.

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