RESEARCH AND COMMENTARY
Navtej Dhillon, Nader Kabbani and Taher Kanaan, December 01, 2008, The Brookings Institution
Jordan and Syria have recently faced similar economic challenges such as absorbing large numbers of Iraqi refugees and fighting high inflation. Yet the global economic slowdown may have unique implications for development and reform in each country, as Taher Kanaan and Nader Kabbani reveal in interviews with the Middle East Youth Initiative’s Navtej Dhillon. Read More
RESEARCH AND COMMENTARY
Warwick J. McKibbin, Adele Morris and Peter J. Wilcoxen, November 2008, The Brookings Institution
The global financial crisis stresses the importance of developing a global climate architecture that can withstand major economic disruptions. In a new working paper, Warwick McKibbin, Adele Morris, and Peter Wilcoxen examine the effects of unanticipated macroeconomic shocks to growth in developing countries or a global financial crisis on the performance of three climate policy regimes: a globally-harmonized carbon tax; a global cap and trade system; and the McKibbin-Wilcoxen hybrid. Read More
RESEARCH AND COMMENTARY
Robert W. Crandall and Clifford Winston, November 27, 2008, The Wall Street Journal
Robert Crandall and Clifford Winston discuss a proposal for automakers they think will cost taxpayers less and, in the long run, be more beneficial to labor and the overall economy than either a straight bailout or bankruptcy. Read More
RESEARCH AND COMMENTARY
Martin Neil Baily, Robert E. Litan and Matthew S. Johnson, November 2008, The Brookings Institution
In the third installment of the Fixing Finance series, Martin Baily, Robert Litan and Matthew Johnson conduct a thorough analysis of the origins of the financial crisis. They conclude that the crisis had its origins in an asset price bubble that interacted with new kinds of financial innovations that masked risk, with companies that failed to follow their own risk management procedures, and with regulators and supervisors who failed to restrain excessive taking. Read More
RESEARCH AND COMMENTARY
Gary Burtless, November 18, 2008, The Brookings Institution
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. Read More
RESEARCH AND COMMENTARY
Mauricio Cárdenas, November 17, 2008, The Brookings Institution
What were the biggest outcomes of the G-20 summit on the financial crisis? Mauricio Cardenas examines the results and notes which steps were worthwhile, what is next and what is left hanging. Read More
RESEARCH AND COMMENTARY
Colin I. Bradford, November 17, 2008, The Brookings Institution
Following the G-20 summit, Colin Bradford analyses the outcomes of the meeting and the governance implications, noting the G-20 has now de facto replaced the G-8. Read More
RESEARCH AND COMMENTARY
Isabel V. Sawhill, Robert L. Bixby and Stuart Butler, November 17, 2008, The Washington Times
“Washington may bail out Wall Street. But who will bail out Washington?” The Fiscal Wake-Up Tour group, Robert Bixby, Stuart Butler and Isabel Sawhill, discusses the importance of fundamentally recasting Medicare versus solely focusing on immediate health care reform. Read More
RESEARCH AND COMMENTARY
Paul Blustein, November 17, 2008, The Brookings Institution
At the G20 summit, leaders pledged to strive to reach an agreement on the Doha Round this year and also resist the temptation to raise new barries to investment and trade. Paul Blustein, an expert on the WTO, discusses the outcome and what is ahead for the global trade agenda. Read More
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
PAST EVENT
Friday, November 14, 2008
1:00 PM to 2:30 PM
Washington, DC
For the first time, leaders of G-20 countries gathered in Washington for an emergency summit on the global financial crisis. Brookings experts discussed the critical issues, including what is at stake and what can be accomplished, at a briefing on Friday, November 14. Read More
RESEARCH AND COMMENTARY
Erik Berglöf and Jeromin Zettelmeyer, November 2008, VoxEU.org
In a recent article, Erik Berglöf discusses what G-20 leaders must do to stabilise our economy and fix the financial system. Read More
RESEARCH AND COMMENTARY
Carlos Pascual and Thomas Wright, November 13, 2008, The Brookings Institution and The Chicago Council on Global Affairs
World leaders gathered in Washington, D.C. to respond to the international financial crisis. The Managing Global Insecurity project and The Chicago Council on Global Affairs hosted a special online forum of global perspectives on the summit. The result is an intriguing glimpse into pivotal issues that will continue to dominate discussions about the crisis. Read More
RESEARCH AND COMMENTARY
November 12, 2008, The Brookings Institution
Leaders from G-20 countries gathered in Washington, D.C. to address a financial crisis whose evolution highlights a dramatic shift in the global economy. In a new report, Brookings Global experts examine seven key issues at stake and make recommendations for next steps. Read More
RESEARCH AND COMMENTARY
Alice M. Rivlin, November 12, 2008, NewsHour
Alice Rivlin and other economists discuss Treasury Secretary Henry Paulson's announcement Wednesday that the government will shift its focus from buying troubled assets to shoring up institutions that manage credit cards, auto loans and other types of borrowing. Read More