SPOTLIGHT: Financial Markets

Reuters/Rebecca Cook - Assembly line at Ford Motor Michigan Truck Plant in Wayne
Gary Burtless, November 18, 2008
Congress is considering legislation that would extend loan guarantees to the U.S. auto industry. Gary Burtless argues that a government bailout would help save American manufacturing jobs and could give taxpayers a good return on their investment.
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Financial Markets, Fiscal Policy, U.S. Economic Growth, U.S. Economy
SPOTLIGHT: Financial Markets

Reuters/Nicky Loh-A man looks at stock market prices on computer monitors inside a securities company in Taiwan.
Ralph C. Bryant, November 08, 2008
World leaders gathered at the G-20 summit in Washington to discuss the global economic and financial crisis. In the first of his two pieces, Ralph Bryant lays out general principles for international cooperation in the supervision and regulation of financial activity. In the second piece, he identifies difficult challenges confronting the participating countries and the international institutions—such as the IMF, the Bank for International Settlements and the Financial Stability Forum—that will be the locus of cooperative efforts.
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Financial Markets, Financial Institutions, Global Finance, World Bank, International Monetary Fund
Jeffrey R. Kling, November 07, 2008
President-elect Obama held his first press conference today, focusing on the economy. Jeffrey Kling commented on Obama’s address saying the nation needs two rounds of stimulus to kick-start the economy—the first to stem recent job losses and help homeowners, and then to focus on longer-term growth.
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U.S. Economy, Unemployment, Labor, Infrastructure, Taxes
SPOTLIGHT: Financial Markets

Reuters/Brendan McDermid - Traders work on the floor of the New York Stock Exchange
Alice M. Rivlin, October 21, 2008
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.
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Financial Markets, Financial Institutions, Governance, U.S. Economy, U.S. Department of the Treasury