RESEARCH AND COMMENTARY
Lex Rieffel, November 17, 2008, The Brookings Institution
Despite having seats at the G-20 summit table, emerging market countries are only beginning to work within the broader system, argues Lex Rieffel in a new commentary post-summit, and big tasks lie ahead for the global financial system and the future of the G-8/G-20. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, October 30, 2008, The Financial Times
During this time of global financial crisis, Eswar Prasad argues that it is time for the IMF to enhance its relevancy through radical change and proposes two new ideas on how to fix the Fund. Read More
RESEARCH AND COMMENTARY
Leonardo Martinez-Diaz, Fall 2008, World Policy Journal, Volume 25, Issue 3
Apart from the new pressures of the global financial crisis, the countries of Latin America are enjoying a period of economic growth, prosperity, and stable democracies. Yet these countries are also experiencing a great demographic change that will place more demand on their economies and governments. Leonardo Martinez-Diaz explains what these trends will mean for the region. Read More
RESEARCH AND COMMENTARY
Colin I. Bradford and Johannes F. Linn, October 24, 2008, The Brookings Institution
President Bush recently announced that he has invited the G20, or the heads of state from the top 20 industrialized and developing economies, to join an economic summit in Washington on November 15. According to Johannes Linn and Colin Bradford, inviting the full G20 to discuss the current global financial crisis represents a critical step in reforming financial and economic stability, relations and institutions. Read More
RESEARCH AND COMMENTARY
October 2008, The Brookings Institution
As President-Elect Obama prepares to lead the United States, what are the top global economic challenges facing the new president and his advisors and how should the new administration address them? A new report by Brookings global economic and development experts ranks the top 10 issues and details specific ideas for how to tackle the toughest challenges. Read More
RESEARCH AND COMMENTARY
Raj M. Desai, October 08, 2008, The Globalist
Recent economic events in the United States have proven that the financial crisis is a political phenomenon. Raj Desai draws five lessons the US can learn from the political economy of recent financial crises in emerging markets. Read More
RESEARCH AND COMMENTARY
William Easterly, October 03, 2008, The Wall Street Journal
Reflecting on the current financial crisis, William Easterly discusses how sustainable development does not require the sole action of governments, but also individual entrepreneurs and innovators. Read More
RESEARCH AND COMMENTARY
Mauricio Cárdenas, September 30, 2008, The Brookings Institution
As the financial crisis has widened, some analysts have asked the U.S. government to consider debt relief for American families who are struggling with mortgages they can no longer afford. Mauricio Cardenas explains how a previous crisis in Colombia offers lessons for the U.S. and argues that U.S. government debt relief is a bad idea. Read More
RESEARCH AND COMMENTARY
M. Ayhan Kose and Eswar Prasad, September 24, 2008, The Brookings Institution
As the U.S. financial crisis continues to unfold, what is the likely impact on emerging markets, such as China, India and Brazil? Eswar Prasad and M. Ayhan Kose release new research examining economic decoupling between industrial and emerging markets and discuss the likely effects of the crisis. Read More
RESEARCH AND COMMENTARY
Philip H. Gordon, October 6, 2008 Issue, Newsweek International
As the U.S.-India civil nuclear agreement goes to Congress for approval, Philip Gordon notes the considerable advantages and limited downsides the pact will hold for both countries. He argues that rejection of the deal would only serve to isolate the United States by denying firms the opportunity to participate in partnerships with an emerging strategic partner. Read More
RESEARCH AND COMMENTARY
Lex Rieffel, September 2008, The Brookings Institution
Sixty years following the creation of the IMF and the World Bank, the nature of global financial, emerging markets and poverty aid has changed dramatically. Lex Rieffel argues that if the institutions were to be created today they would be structured differently and located outside of Washington. His case and recommendations for reform are contained in a new working paper. Read More
RESEARCH AND COMMENTARY
Mauricio Cárdenas, September 22, 2008, The Brookings Institution
The U.S. financial crisis has profound implications for emerging markets given the integrated and global nature of today’s economy. Mauricio Cardenas, director of Brookings’s Latin America Initiative, examines the likely impact on Latin American economies and discusses how they might deflect some of the aftershocks from the U.S. economic crisis. Read More
RESEARCH AND COMMENTARY
Clifford G. Gaddy, September 16, 2008, The Moscow Times
Cliff Gaddy explores the widely held idea that Russia's recent invasion of Georgia was a primary cause for the Russian stock market to plummet. Instead, Gaddy believes the global decline in oil prices—now nearly 30% off highs in July—is a more likely reason. Read More
PAST EVENT
Friday, September 12, 2008
2:00 PM to 3:30 PM
Washington, DC
Recognizing that reforms to the domestic financial system will be crucial to maintain the country’s high growth trajectory, India’s government set up a committee to lay out a blueprint for the next generation of financial sector reforms. The day this committee’s report was presented to the Indian prime minister, Brookings hosted a discussion of the report and debate its implications. Read More
RESEARCH AND COMMENTARY
Clifford G. Gaddy, August 23, 2008, Newsweek International
Cliff Gaddy discusses the politics of managing the situation between Russia and Georgia, advising that using economics as a tool poses risks on a global scale. Read More