Economic Policy
Latest additions to the site
How Do Electoral Systems Affect Fiscal Policy?
CESifo
This 50-page working paper analyzes how the adoption of proportional representation affects fiscal policy. It shows that proportional systems shift spending toward broad goods (e.g. education and welfare benefits) but decrease spending on targetable goods
Governance & Politics
, Economic Policy Posted: 2010-03-19
The 'Economic' Implications of the Euro
AJISS
A 4-page Japanese commentary on the "economic" implications of the Euro
Economic Policy
, European Union Posted: 2010-03-17
Liquidity and Sovereignty: The Eurozone Needs a Lender of Last Resort
SWP
A 4-page German commentary arguing that the eurozone needs a lender of last resort that supports member countries in the event of liquidity shortages
European Union
, Economic Policy Posted: 2010-03-16
A Greek Endgame?
CEPSA
This 2-page commentary argues that the Greek debt crisis has exposed a structural problem of the eurozone as a whole created by the fact that the monetary union is not embedded in a political union
European Union
, Economic Policy Posted: 2010-03-11
Figuring Out the Doha Round
Vox-EU.org
An op-ed arguing that, far from being time to abandon the Doha Round, sustaining political support for the rules-based multilateral trade system is more important than ever
Globalisation & International Trade
, Economic Policy Posted: 2010-03-04
Proposals for Ukraine: 2010—Time For Reforms
Independent International Experts Commission
This 80-page paper proposes a comprehensive economic reform programme for the first year of the new presidency in Ukraine
Economic Policy
, Governance & Politics Posted: 2010-03-01
The 2008 Financial Crisis and Taxation Policy
CESifo
This 46-page working paper discusses the interactions between tax policy and the financial crisis. In particular, it reviews the existing evidence on the links between taxes and many characteristics of the crisis. Finally, it examines some possible future tax options to prevent such crises
Economic Policy
, Taxation Posted: 2010-02-26
Lisbon: A Second Shot
Bertelsmann Stiftung
A 7-page German brief devoted to the EU 2020 strategy, due to replace the Lisbon Strategy
Economic Policy
, European Union Posted: 2010-02-25
The New Commission's Economic Philosophy
CER
An 8-page policy brief on the economic philosophy of the new EU Commission
European Union
, Economic Policy Posted: 2010-02-25
The Budget Deficit Scare Story and the Great Recession
CEPR
A 17-page US paper on the demerits of budget deficit reduction
Economic Policy
Posted: 2010-02-25
Confronting Asset Bubbles, Too Big to Fail, and Beggar-thy-Neighbor Exchange Rate Policies
Peterson Institute
This 8-page US policy brief argues that the global financial crisis presents an opportunity—for the first time in many years—for wholesale reform of the international financial and monetary system
Economic Policy
, Globalisation & International Trade Posted: 2010-02-24
The International Financial Crisis: Eight Lessons for and from Latin America
CGDev
This 27-page US working paper presents lessons derived from the international financial crisis, not only for the Latin American region itself, but also for other developing countries that might seek economic growth in the context of greater integration to the international capital markets
Economic Policy
, Globalisation & International Trade Posted: 2010-02-22
21 Hours
NEF
This 40-page UK report argues that a range of social, environmental and economic pressures could see people adopting a much shorter working week
Employment, Industrial Relations & Training
, Economic Policy Posted: 2010-02-22
Medvedev's Take on the Power Vertical: Are the Rules of the Game Changing in Russia?
FIIA
An 8-page Finnish briefing paper examining the nature and weaknesses of Governance in Russia and suggesting how the West might encourage reform
Governance & Politics
, Economic Policy Posted: 2010-02-08
The Great Regression? Financial Crisis in an Age of Global Interdependence
FIIA
This 63-page Finnish report provides a comprehensive overview of the dynamics of the global financial crisis and the challenges it poses for governance across the board
Economic Policy
, Governance & Politics Posted: 2010-02-08
Shock Transmission Mechanism of the Economic Crisis in East Asia
IDE
This 35-page Japanese discussion paper investigates the impacts of the 2008 economic crisis on industries in East Asia
Economic Policy
, Regional Posted: 2010-02-08
Is a Sovereign Debt Crisis Looming?
"International Economic Bulletin"
This US article argues that sustaining growth—not withdrawing stimulus—should remain most countries’ top priority if they are to break the debt spiral
Economic Policy
Posted: 2010-02-06
The High Cost of Low Educational Performance: The Long-Run Economic Impact of Improving PISA Outcomes
OECD
A 55-page international study showing that even modest and achievable gains in student learning yield large increases in gross domestic product (GDP) over the long run
Education
, Economic Policy Posted: 2010-01-29
China’s Economic Conditions
CRS
A 36-page US background report on China's economy and economic policies
Economic Policy
, Regional Posted: 2010-01-22
Automatic Stabilizers and Economic Crisis: US vs. Europe
CESifo
This 39-page working paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis
Economic Policy
, European Union Posted: 2010-01-22
The International Monetary System and Global Imbalances
Peterson Institute
A 10-page US paper considering the desirability of reforming the international monetary system
Globalisation & International Trade
, Economic Policy Posted: 2010-01-20
Which Common Policy for Agriculture and Rural Areas beyond 2013?
Notre Europe, SIEPS
The 96-page report of a conference held to review the need for a reform of the CAP
European Union
, Economic Policy Posted: 2010-01-19
Transition Report 2009: Transition in crisis?
EBRD
The 2-page executive summary of a report that focuses on the challenges posed by the global financial crisis for the EU's transition region, both for the countries directly, and for the economic strategies they have followed since the collapse of communism.
European Union
, Economic Policy Posted: 2010-01-11
Towards A Socially Responsible and Democratic Global Economic System:
FES
This 9-page US briefing paper proposes principles for strengthening reform efforts to increase transparency and accountability in the governance of financial institutions in order to move towards a more socially responsible and democratic global economic system
Economic Policy
, Governance & Politics Posted: 2010-01-11
The World Needs Further Monetary Ease, Not an Early Exit
Peterson Institute
An 18-page US policy brief making the case for further monetary easing
Economic Policy
Posted: 2009-12-18
Finding the Right Tool for Dealing with Asset Price Booms
Peterson Institute
A 26-page speech discussing how asset price booms might be addressed in the future
Economic Policy
Posted: 2009-12-18
Other Worlds are Possible: Human Progress in an Age of Climate Change
NEF
This 68-page report calls for new economic approaches to international development which are more in tune with the needs of people and the planet
Climate Change & Environment
, Economic Policy Posted: 2009-12-15
Innovation and the World Economy
FPRI
A US essay on the importance of entrepreneurship to economic growth
Economic Policy
Posted: 2009-12-08
Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
IZA
This 64-page discussion paper investigates whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy
Education
, Economic Policy Posted: 2009-12-02
Controlling Spending and Government Deficits: Lessons from History and International Experience
Policy Exchange
This report draws from twelve international and historical case studies in order to examine how Britain might best rid itself of the current overwhelming defici
Economic Policy
Posted: 2009-12-01
China's Policy Responses to the Global Financial Crisis
Productivity Commission - Australia
A 20-page Australian lecture explaining China's policy responses to the global financial crisis
Economic Policy
Posted: 2009-11-25
Lessons from the Global Economic and Financial Crisis
Peterson Institute
A 10-page US speech analyzing the major issues in financial regulatory reform currently faced by the global community
Economic Policy
, Globalisation & International Trade Posted: 2009-11-19
Ukraine’s Economy Hostage to Political One-upmanship
ICPS
A 2-page commentary on how Ukrain's economy is affected by internal politics
Economic Policy
, Governance & Politics Posted: 2009-11-18
Beyond ‘Light Touch’ Regulation of Finance
DIIS
This 4-page Danish policy brief outlines a comprehensive approach to financial regulation which may ensure that financial crises in the future will be significantly fewer and milder than they have been in the past two decades
Economic Policy
, Globalisation & International Trade Posted: 2009-11-17
A Blueprint for Global Leadership in the 21st Century
Peterson Institute
A US speech highlighting the necessity of providing a foundation for a viable "blueprint for global leadership in the 21st century."
Economic Policy
, Governance & Politics Posted: 2009-11-11
The Impact of the Financial Crisis on Emerging Asia
Peterson Institute
This 47-page US working paper analyzes how the global financial crisis has impacted emerging Asia and identifies key characteristics that have made these economies more or less vulnerable to a transmission of crises from the advanced economies
Economic Policy
Posted: 2009-11-11
Canada’s Difficult Experience in Reducing Inflation: Cautionary Lessons
C.D. Howe Institute
This 20-page Canadian study provides an insider’s perspective on the fight against soaring inflation in the 1970s through to the successful introduction of inflation targeting in the early 1990s, and draws general lessons from the historical record
Economic Policy
Posted: 2009-11-06
Accelerating Growth and Job Creation in South Asia
World Bank
This 491-page report brings insight to the setting of priorities and strategies to accomplish the objective of sustained growth and poverty reduction in South Asia
Economic Policy
, Employment, Industrial Relations & Training Posted: 2009-11-04
How Strong is Russia's Economic Foundation?
CER
This 7-page policy brief examines the strength of the Russian economy
Economic Policy
, Governance & Politics Posted: 2009-11-03
It Isn’t Working: Time for More Radical Policies
Levy Economics Institute
A 21-page critical US policy brief on the Obama administration's policies to jump-start the economy
Economic Policy
Posted: 2009-10-30
Latin America: Time for Reform, Not for Complacency
Brookings
A US commentary on the effectiveness of Latin American governments' response to tthe global financial crisis
Economic Policy
, Regional Posted: 2009-10-27
Managing Systemic Risks
Pew Economic Policy Group
This 13-page US briefing paper begins with a working definition of systemic risk as "a systemic risk is a risk that an event will trigger a loss of confidence in a substantial portion of the financial system that is serious enough to have adverse consequences for the real economy." It focuses on an operational definition of systemic risk management as a combination of six specific things that governments can do
Economic Policy
Posted: 2009-10-18
IMF-Supported Macroeconomic Policies and the World Recession: A Look at Forty-One Borrowing Countries
CEPR
This 97-page US discussion paper outlining how 31 of 41 countries with current IMF agreements have been subjected to pro-cyclical macroeconomic policies that, during the current global recession, would be expected to have exacerbated economic slowdowns
Economic Policy
Posted: 2009-10-13
Pittsburgh: A Fresh Start or Cosmetic Tinkering?
SWP
This 7-page German commentary argues that the chances of a complete overhaul of the international financial markets at Pittsburgh are slim
Globalisation & International Trade
, Economic Policy Posted: 2009-10-01
Credit Constraints and Consumer Spending
Bank of Canada
This 28-page Canadian working paper examines the relationship between aggregate consumer spending and credit
availability in the United States
Economic Policy
Posted: 2009-09-28
Quantifying the Effects on Lending of Increased Capital Requirements
Pew Task Force on Financial Reform
This 23-page US report shows that higher bank capital requirements would likely have much less effect on lending than many analysts have predicted
Economic Policy
Posted: 2009-09-23
Deficit Reduction: Lessons From Around the World
Committee for a Responsible Federal Budget
An 8-page US paper arguing in favour of deficit reduction strategies (also known as fiscal consolidation strategies) to improve countries' fiscal positions
Economic Policy
Posted: 2009-09-22
Global Economic Prospects as of September 2009: Onward to Global Recovery
Peterson Institute
A 25-page US paper on global economic prospects
Economic Policy
Posted: 2009-09-22
What Does the International Experience Tell Us about Regulatory Consolidation?
Pew Financial Reform Project
This 28-page US briefing paper examines the structure of financial regulation in several major economies, and prior attempts by those countries to reform their financial regulatory structures, to see what lessons they may hold for the United States
Economic Policy
Posted: 2009-09-22
After the GFC: Australia and the Chimerica challenge
ASPI
A 48-page Australian strategy report concluding that Australia will have to come to grips with the prospect of substantial Chinese foreign investment, and that it will come out of the GFC in much better shape than most advanced economies, but the China-US balancing act on which Australia's security and prosperity depends will be both more important and harder to perform
Foreign Policy
, Economic Policy Posted: 2009-09-22
Report on G20 Tade and Investment Measures
OECD et al.
A 60-page joint report on global trade and investment measures
Globalisation & International Trade
, Economic Policy Posted: 2009-09-21
Government and Trade Union Responses to the Economic Crisis in the Financial Sector
ETUI
This 49-page European working paper provides an overview of government and trade union responses to the economic crisis in the financial sector
Employment, Industrial Relations & Training
, Economic Policy Posted: 2009-09-17
How to Reform the International Financial System?
FES
This 6-page briefing paper gives a Chinese perspective on how to reform the international financial system in order to avoid similar future crises
Economic Policy
, Globalisation & International Trade Posted: 2009-09-17
The G20 and the Future of Market Regulation
FRIDE
This 5-page Spanish policy brief examines how the global financial crisis has politicised the governance of finance
Economic Policy
, Globalisation & International Trade Posted: 2009-09-16
A False Sense of Security: Europe and the Politics of Financial Crisis
FRIDE
This Spanish policy brief looks at the politico-strategic impact of the financial cisis from a European standpoint
Economic Policy
, European Union Posted: 2009-09-15
The Global Economic Crisis: Impact on Sub-Saharan Africa and Global Policy Responses
CRS
This 30-page US report examines how the global economic crisis is impacting Sub-Saharan African states and how global policy responses may ameliorate the situation
International Development
, Economic Policy Posted: 2009-09-11
The IMF's Stand-by Arrangements and the Economic Downturn in Eastern Europe: The Cases of Hungary, Latvia, and Ukraine
CEPR
This 32-page US report examines IMF agreements with three countries, Hungary, Latvia, and Ukraine, and finds that in all three countries there were mistakes in economic policy that increased their vulnerability to the external shocks
Economic Policy
, European Union Posted: 2009-09-10
The United States–China Economic Relationship and the Strategic and Economic Dialogue
Peterson Institute
A US House testimony on how the initial Strategic and Economic Dialogue (S&ED), building on other United States–China contacts and its own predecessor forums, has made an important contribution toward progress on two international economic issues: the current economic crisis and global warming
Foreign Policy
, Economic Policy Posted: 2009-09-10
The Future of the Dollar
Peterson Instiute
A 6-page US policy brief assesses whether there are feasible alternatives to the US dollar as a widely used international currency
Economic Policy
, Globalisation & International Trade Posted: 2009-09-10
Look Before You Leap: A Skeptical View of Proposals to Meld Macro- and Microprudential Regulation.
C.D. Howe Institute
A 24-page Canadian study that cautions against current G-20 proposals to expand regulation to include system-wide macroeconomic risks
Economic Policy
Posted: 2009-09-09
The High Cost of Cash for Clunkers
NCPA
A 2-page US analysis of the Car Allowance Rebate System brought in to stimulate car sales in the US
Economic Policy
Posted: 2009-09-08
Economic Crisis and Global Supply Chains
CEPII
This 38-page French working paper examines the sharp fall in world trade associated with the economic crisis during the last quarter of 2008 and the first quarter of 2009
Globalisation & International Trade
, Economic Policy Posted: 2009-09-08
What is the Economic Outlook for OECD Countries? An Interim Assessment
OECD
A 24-page interim assessment of the economic outlook for OECD countries
Economic Policy
Posted: 2009-09-08
Economic Contractions in the United States: A Failure of Government
IEA
A 144-page UK publication which argues that President Obama is repeating the mistakes of the Great Depression
Economic Policy
Posted: 2009-09-08
Agglomeration versus Fragmentation: A Comparison of East Asia and Europe
IDE
This 27-page Japanese discussion paper conducts an empirical clarification of the difference in spatial relationships among countries within a region for the electric machinery industry by use of spatial econometric analysis
Economic Policy
, Regional Posted: 2009-09-03
Financial and Monetary Issues as the Crisis Unfolds
Levy Economics Institute
A 16-page US brief presenting the views of a group of economists on financial and monetary issues resulting from the global crisis
Economic Policy
, Globalisation & International Trade Posted: 2009-09-03
Fiscal Stabilisation Plans and the Outlook for the World Economy
CEPS
This 53-page paper evaluates the adequacy of the measures implemented in the euro area and the US in response to the financial crisis and finds that while these measures will prove useful in limiting the scale and duration of the downturn, they will not be sufficient by themselves to prevent a lengthy recession followed by a tepid recovery
Economic Policy
, Globalisation & International Trade Posted: 2009-08-29
The Recovery Package in Action
EPI
A 12-page US analysis of how the American Recovery and Reinvestment Act is creating jobs, restoring confidence and easing the severity of the recession
Economic Policy
Posted: 2009-08-29
China: Bogus Boom?
AEI
This 4-page US essay explains how China's remarkable reported economic performance is possible in the midst of a global recession
Economic Policy
Posted: 2009-08-21
China's Emergence from Economic Crisis
Hoover Instiution
This 10-page US essay describes how China has engineered the beginning of a recovery from the initial acute downturn it experienced during the fourth quarter of 2008
Economic Policy
Posted: 2009-08-12
China: Bogus Boom?
AEI
This 4-page US essay attempts to assess the reality behind China's economic statistics
Economic Policy
, Governance & Politics Posted: 2009-08-02
The Global Financial Crisis and Development Strategy for Emerging-Market Economies
Peterson Institute
A 9-page speech offering a reexamination not only of industrial countries’ financial systems but also of growth strategies in developing countries
Globalisation & International Trade
, Economic Policy Posted: 2009-07-30
How Will Latin America Fare after the Current Crisis?
CGD
This 6-page speech analyzes the effect of the global financial crisis on Latin America
International Development
, Economic Policy Posted: 2009-07-29
Rebalancing Growth in Asia
IZA
This 59-page discussion paper provides an empirical characterization of the composition of GDP levels and growth rates for the key emerging markets and other developing economies in Asia
Economic Policy
, Regional Posted: 2009-07-26
China: Bogus Boom?
AEI
This 4-page US essay examines the risks involved in China's aggressive attempts to maintain an 8 percent growth rate
Economic Policy
Posted: 2009-07-24
The Global Financial Crisis: Analysis and Policy Implications
CRS
A 127-page US overview of the global financial crisis
Economic Policy
, Globalisation & International Trade Posted: 2009-07-24
Recovery: The Global Financial Crisis and Middle-Income Countries
CEIP
A 40-page US report advocating the introduction of fundamental labour markets reforms to create high-paying jobs as the key to restarting economic growth in middle-income countries
Economic Policy
, International Development Posted: 2009-07-16
Mind the Basel Gap
CEPS
This 2-page commentary calls for fundamental reform of the capital adequacy system
Economic Policy
Posted: 2009-07-16
Global Financial Surveillance and the Quest for Financial Stability
Peterson Institute
This speech highlights four messages from the global financial crisis for improving global financial surveillance and for promoting financial stability
Economic Policy
, Globalisation & International Trade Posted: 2009-07-08
Snapshot of the Economic Crisis
CEIP
This 3-page US article looks at the effect of the global recession on Middle Eastern economies
Economic Policy
, Regional Posted: 2009-07-08
The Transatlantic Banking Crisis: Lessons and EU Reforms
IZA
The key dynamics of the transatlantic banking crisis are analyzed in this 58-page policy paper – with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise –, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted
Economic Policy
, Globalisation & International Trade Posted: 2009-07-05
China’s Challenge to the International Monetary System: Incremental Steps and Long-Term Prospects for Internationalization of the Renminbi
Pacific CSIS
A US paper considering the prospects for the internationalization of the Renminbi
Economic Policy
, Globalisation & International Trade Posted: 2009-07-03
The Global Financial Crisis: Lessons Learned and Challenges for Developing Countries
Peterson Institute
A US speech offering a perspective on the causes of the global financial crisis and how it differs from previous global financial crises.The speaker then proposes some key relevant lessons
Economic Policy
, International Development Posted: 2009-06-24
Global Development Finance 2009: Charting a Global Recovery
World Bank
A 167-page report examining global growth prospects
Globalisation & International Trade
, Economic Policy Posted: 2009-06-22
Quarterly Update: The Recession in Historical Context
CFR
A US comparison of the current rcession in the US with earlier ones
Economic Policy
Posted: 2009-06-21
From a Social to a Sustainable Market Economy: A new paradigm for the 21st Century
SEF
A 12-page German policy paper considering how the integration of a social market economy and sustainable development can be achieved
Economic Policy
, Climate Change & Environment Posted: 2009-06-18
Some Simple Observations on the Reform of the International Monetary System
Levy Economics Institute
A 5-page US policy note arguing that the reform of the global monetary system depends on the operation of the adjustment mechanism for dealing with global imbalances
Economic Policy
, Globalisation & International Trade Posted: 2009-06-17
The Financial Crisis: Collateral Damage and Responses
SWP
This 50-page German research report examines different aspects of collateral damage following the global financial crisis and highlights the importance of international cooperation to respond to them
Economic Policy
, Globalisation & International Trade Posted: 2009-06-16
A Stealthy Stimulus: How Boosting the Minimum Wage is Helping to Stimulate the Economy
EPI
This 4-page US issue brief argues that a three-step increase in the minimum wage is adding billions of dollars to consumer spending and stimulating the economy
Economic Policy
, Employment, Industrial Relations & Training Posted: 2009-06-15
Global Imbalances and the Accumulation of Risk
CEPS
This 4-page policy brief examines the causes of the current global financial crisis
Globalisation & International Trade
, Economic Policy Posted: 2009-06-14
Reflections on Economic Policy in Time of Crisis
CFR
Transcript of a US speech on the US Administration\'s response to the global economic crisis
Economic Policy
Posted: 2009-06-14
The G20 Meetings: No Common Framework, No Consensus
CEIP
This 12-page US policy brief argues that until the major powers can agree on why the crisis started they will not be able to effectively coordinate policies to promote recovery, and the world economy will likely get worse before it gets better
Economic Policy
, Globalisation & International Trade Posted: 2009-06-13
Policy Responses to the Global Financial Crisis
Peterson Institute
A US speech considering the political and economic factors that have shaped responses to the global financial crisis so far
Economic Policy
, Globalisation & International Trade Posted: 2009-06-09
Tracking the Global Financial Crisis: An Analysis of the IMF’s "World Economic Outlook"
Brookings
An 8-page US analysis of the IMF\\\'s \\\"World Economic Outlook\\\"
Economic Policy
, Globalisation & International Trade Posted: 2009-06-09
A Quantum of Solace? An Assessment of Fiscal Stimulus Packages by EU Member States in Response to the Economic Crisis
ETUI
This 40-page working paper analyses the fiscal stimulus packages implemented by EU Member States against the background of the on-going economic crisis. Alongside the overall volume of the packages, the study, which is based on a survey of national experts, considers their content and also the involvement – or lack thereof of the social partners and particularly trade unions
European Union
, Economic Policy Posted: 2009-06-07
Economic, Political and Institutional Determinants of Budget Deficits in the European Union
CESifo
This 45-page working paper investigates the economic, political, and institutional determinants of government deficits in the EU
European Union
, Economic Policy Posted: 2009-06-04
Economic Valuation of Mortality Risk Reduction
PRI
This 69-page Canadian working paper updates earlier literature and makes new recommendations about appropriate estimates to use when valuing mortality risk changes in policy
analyses
Health
, Economic Policy Posted: 2009-05-28
Guarded Optimism: Latin American Economies
Chatham House
A UK examination of the prospects for Latin-American economies
Economic Policy
, Regional Posted: 2009-05-28
The G20 Meetings: No Common Framework, No Consensus
CEIP
This 12-page US policy brief argues that until the major powers reach consensus about the roots of the imbalance and coordinate policy to promote recovery, the world economy is likely to get worse before it gets better
Economic Policy
, Globalisation & International Trade Posted: 2009-05-20
Global Economic Crisis
GSDRC
This 59-page UK report pulls together the key findings from a series of recent research reports which explore the potential impacts of the current economic crisis on developing countries
International Development
, Economic Policy Posted: 2009-05-18
How Do Electoral Systems Affect Fiscal Policy?
CESifo
This 50-page working paper analyzes how the adoption of proportional representation affects fiscal policy. It shows that proportional systems shift spending toward broad goods (e.g. education and welfare benefits) but decrease spending on targetable goods
Governance & Politics , Economic Policy Posted: 2010-03-19
The 'Economic' Implications of the Euro
AJISS
A 4-page Japanese commentary on the "economic" implications of the Euro
Economic Policy , European Union Posted: 2010-03-17
Liquidity and Sovereignty: The Eurozone Needs a Lender of Last Resort
SWP
A 4-page German commentary arguing that the eurozone needs a lender of last resort that supports member countries in the event of liquidity shortages
European Union , Economic Policy Posted: 2010-03-16
A Greek Endgame?
CEPSA
This 2-page commentary argues that the Greek debt crisis has exposed a structural problem of the eurozone as a whole created by the fact that the monetary union is not embedded in a political union
European Union , Economic Policy Posted: 2010-03-11
Figuring Out the Doha Round
Vox-EU.org
An op-ed arguing that, far from being time to abandon the Doha Round, sustaining political support for the rules-based multilateral trade system is more important than ever
Globalisation & International Trade , Economic Policy Posted: 2010-03-04
Proposals for Ukraine: 2010—Time For Reforms
Independent International Experts Commission
This 80-page paper proposes a comprehensive economic reform programme for the first year of the new presidency in Ukraine
Economic Policy , Governance & Politics Posted: 2010-03-01
The 2008 Financial Crisis and Taxation Policy
CESifo
This 46-page working paper discusses the interactions between tax policy and the financial crisis. In particular, it reviews the existing evidence on the links between taxes and many characteristics of the crisis. Finally, it examines some possible future tax options to prevent such crises
Economic Policy , Taxation Posted: 2010-02-26
Lisbon: A Second Shot
Bertelsmann Stiftung
A 7-page German brief devoted to the EU 2020 strategy, due to replace the Lisbon Strategy
Economic Policy , European Union Posted: 2010-02-25
The New Commission's Economic Philosophy
CER
An 8-page policy brief on the economic philosophy of the new EU Commission
European Union , Economic Policy Posted: 2010-02-25
The Budget Deficit Scare Story and the Great Recession
CEPR
A 17-page US paper on the demerits of budget deficit reduction
Economic Policy Posted: 2010-02-25
Confronting Asset Bubbles, Too Big to Fail, and Beggar-thy-Neighbor Exchange Rate Policies
Peterson Institute
This 8-page US policy brief argues that the global financial crisis presents an opportunity—for the first time in many years—for wholesale reform of the international financial and monetary system
Economic Policy , Globalisation & International Trade Posted: 2010-02-24
The International Financial Crisis: Eight Lessons for and from Latin America
CGDev
This 27-page US working paper presents lessons derived from the international financial crisis, not only for the Latin American region itself, but also for other developing countries that might seek economic growth in the context of greater integration to the international capital markets
Economic Policy , Globalisation & International Trade Posted: 2010-02-22
21 Hours
NEF
This 40-page UK report argues that a range of social, environmental and economic pressures could see people adopting a much shorter working week
Employment, Industrial Relations & Training , Economic Policy Posted: 2010-02-22
Medvedev's Take on the Power Vertical: Are the Rules of the Game Changing in Russia?
FIIA
An 8-page Finnish briefing paper examining the nature and weaknesses of Governance in Russia and suggesting how the West might encourage reform
Governance & Politics , Economic Policy Posted: 2010-02-08
The Great Regression? Financial Crisis in an Age of Global Interdependence
FIIA
This 63-page Finnish report provides a comprehensive overview of the dynamics of the global financial crisis and the challenges it poses for governance across the board
Economic Policy , Governance & Politics Posted: 2010-02-08
Shock Transmission Mechanism of the Economic Crisis in East Asia
IDE
This 35-page Japanese discussion paper investigates the impacts of the 2008 economic crisis on industries in East Asia
Economic Policy , Regional Posted: 2010-02-08
Is a Sovereign Debt Crisis Looming?
"International Economic Bulletin"
This US article argues that sustaining growth—not withdrawing stimulus—should remain most countries’ top priority if they are to break the debt spiral
Economic Policy Posted: 2010-02-06
The High Cost of Low Educational Performance: The Long-Run Economic Impact of Improving PISA Outcomes
OECD
A 55-page international study showing that even modest and achievable gains in student learning yield large increases in gross domestic product (GDP) over the long run
Education , Economic Policy Posted: 2010-01-29
China’s Economic Conditions
CRS
A 36-page US background report on China's economy and economic policies
Economic Policy , Regional Posted: 2010-01-22
Automatic Stabilizers and Economic Crisis: US vs. Europe
CESifo
This 39-page working paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis
Economic Policy , European Union Posted: 2010-01-22
The International Monetary System and Global Imbalances
Peterson Institute
A 10-page US paper considering the desirability of reforming the international monetary system
Globalisation & International Trade , Economic Policy Posted: 2010-01-20
Which Common Policy for Agriculture and Rural Areas beyond 2013?
Notre Europe, SIEPS
The 96-page report of a conference held to review the need for a reform of the CAP
European Union , Economic Policy Posted: 2010-01-19
Transition Report 2009: Transition in crisis?
EBRD
The 2-page executive summary of a report that focuses on the challenges posed by the global financial crisis for the EU's transition region, both for the countries directly, and for the economic strategies they have followed since the collapse of communism.
European Union , Economic Policy Posted: 2010-01-11
Towards A Socially Responsible and Democratic Global Economic System:
FES
This 9-page US briefing paper proposes principles for strengthening reform efforts to increase transparency and accountability in the governance of financial institutions in order to move towards a more socially responsible and democratic global economic system
Economic Policy , Governance & Politics Posted: 2010-01-11
The World Needs Further Monetary Ease, Not an Early Exit
Peterson Institute
An 18-page US policy brief making the case for further monetary easing
Economic Policy Posted: 2009-12-18
Finding the Right Tool for Dealing with Asset Price Booms
Peterson Institute
A 26-page speech discussing how asset price booms might be addressed in the future
Economic Policy Posted: 2009-12-18
Other Worlds are Possible: Human Progress in an Age of Climate Change
NEF
This 68-page report calls for new economic approaches to international development which are more in tune with the needs of people and the planet
Climate Change & Environment , Economic Policy Posted: 2009-12-15
Innovation and the World Economy
FPRI
A US essay on the importance of entrepreneurship to economic growth
Economic Policy Posted: 2009-12-08
Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
IZA
This 64-page discussion paper investigates whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy
Education , Economic Policy Posted: 2009-12-02
Controlling Spending and Government Deficits: Lessons from History and International Experience
Policy Exchange
This report draws from twelve international and historical case studies in order to examine how Britain might best rid itself of the current overwhelming defici
Economic Policy Posted: 2009-12-01
China's Policy Responses to the Global Financial Crisis
Productivity Commission - Australia
A 20-page Australian lecture explaining China's policy responses to the global financial crisis
Economic Policy Posted: 2009-11-25
Lessons from the Global Economic and Financial Crisis
Peterson Institute
A 10-page US speech analyzing the major issues in financial regulatory reform currently faced by the global community
Economic Policy , Globalisation & International Trade Posted: 2009-11-19
Ukraine’s Economy Hostage to Political One-upmanship
ICPS
A 2-page commentary on how Ukrain's economy is affected by internal politics
Economic Policy , Governance & Politics Posted: 2009-11-18
Beyond ‘Light Touch’ Regulation of Finance
DIIS
This 4-page Danish policy brief outlines a comprehensive approach to financial regulation which may ensure that financial crises in the future will be significantly fewer and milder than they have been in the past two decades
Economic Policy , Globalisation & International Trade Posted: 2009-11-17
A Blueprint for Global Leadership in the 21st Century
Peterson Institute
A US speech highlighting the necessity of providing a foundation for a viable "blueprint for global leadership in the 21st century."
Economic Policy , Governance & Politics Posted: 2009-11-11
The Impact of the Financial Crisis on Emerging Asia
Peterson Institute
This 47-page US working paper analyzes how the global financial crisis has impacted emerging Asia and identifies key characteristics that have made these economies more or less vulnerable to a transmission of crises from the advanced economies
Economic Policy Posted: 2009-11-11
Canada’s Difficult Experience in Reducing Inflation: Cautionary Lessons
C.D. Howe Institute
This 20-page Canadian study provides an insider’s perspective on the fight against soaring inflation in the 1970s through to the successful introduction of inflation targeting in the early 1990s, and draws general lessons from the historical record
Economic Policy Posted: 2009-11-06
Accelerating Growth and Job Creation in South Asia
World Bank
This 491-page report brings insight to the setting of priorities and strategies to accomplish the objective of sustained growth and poverty reduction in South Asia
Economic Policy , Employment, Industrial Relations & Training Posted: 2009-11-04
How Strong is Russia's Economic Foundation?
CER
This 7-page policy brief examines the strength of the Russian economy
Economic Policy , Governance & Politics Posted: 2009-11-03
It Isn’t Working: Time for More Radical Policies
Levy Economics Institute
A 21-page critical US policy brief on the Obama administration's policies to jump-start the economy
Economic Policy Posted: 2009-10-30
Latin America: Time for Reform, Not for Complacency
Brookings
A US commentary on the effectiveness of Latin American governments' response to tthe global financial crisis
Economic Policy , Regional Posted: 2009-10-27
Managing Systemic Risks
Pew Economic Policy Group
This 13-page US briefing paper begins with a working definition of systemic risk as "a systemic risk is a risk that an event will trigger a loss of confidence in a substantial portion of the financial system that is serious enough to have adverse consequences for the real economy." It focuses on an operational definition of systemic risk management as a combination of six specific things that governments can do
Economic Policy Posted: 2009-10-18
IMF-Supported Macroeconomic Policies and the World Recession: A Look at Forty-One Borrowing Countries
CEPR
This 97-page US discussion paper outlining how 31 of 41 countries with current IMF agreements have been subjected to pro-cyclical macroeconomic policies that, during the current global recession, would be expected to have exacerbated economic slowdowns
Economic Policy Posted: 2009-10-13
Pittsburgh: A Fresh Start or Cosmetic Tinkering?
SWP
This 7-page German commentary argues that the chances of a complete overhaul of the international financial markets at Pittsburgh are slim
Globalisation & International Trade , Economic Policy Posted: 2009-10-01
Credit Constraints and Consumer Spending
Bank of Canada
This 28-page Canadian working paper examines the relationship between aggregate consumer spending and credit availability in the United States
Economic Policy Posted: 2009-09-28
Quantifying the Effects on Lending of Increased Capital Requirements
Pew Task Force on Financial Reform
This 23-page US report shows that higher bank capital requirements would likely have much less effect on lending than many analysts have predicted
Economic Policy Posted: 2009-09-23
Deficit Reduction: Lessons From Around the World
Committee for a Responsible Federal Budget
An 8-page US paper arguing in favour of deficit reduction strategies (also known as fiscal consolidation strategies) to improve countries' fiscal positions
Economic Policy Posted: 2009-09-22
Global Economic Prospects as of September 2009: Onward to Global Recovery
Peterson Institute
A 25-page US paper on global economic prospects
Economic Policy Posted: 2009-09-22
What Does the International Experience Tell Us about Regulatory Consolidation?
Pew Financial Reform Project
This 28-page US briefing paper examines the structure of financial regulation in several major economies, and prior attempts by those countries to reform their financial regulatory structures, to see what lessons they may hold for the United States
Economic Policy Posted: 2009-09-22
After the GFC: Australia and the Chimerica challenge
ASPI
A 48-page Australian strategy report concluding that Australia will have to come to grips with the prospect of substantial Chinese foreign investment, and that it will come out of the GFC in much better shape than most advanced economies, but the China-US balancing act on which Australia's security and prosperity depends will be both more important and harder to perform
Foreign Policy , Economic Policy Posted: 2009-09-22
Report on G20 Tade and Investment Measures
OECD et al.
A 60-page joint report on global trade and investment measures
Globalisation & International Trade , Economic Policy Posted: 2009-09-21
Government and Trade Union Responses to the Economic Crisis in the Financial Sector
ETUI
This 49-page European working paper provides an overview of government and trade union responses to the economic crisis in the financial sector
Employment, Industrial Relations & Training , Economic Policy Posted: 2009-09-17
How to Reform the International Financial System?
FES
This 6-page briefing paper gives a Chinese perspective on how to reform the international financial system in order to avoid similar future crises
Economic Policy , Globalisation & International Trade Posted: 2009-09-17
The G20 and the Future of Market Regulation
FRIDE
This 5-page Spanish policy brief examines how the global financial crisis has politicised the governance of finance
Economic Policy , Globalisation & International Trade Posted: 2009-09-16
A False Sense of Security: Europe and the Politics of Financial Crisis
FRIDE
This Spanish policy brief looks at the politico-strategic impact of the financial cisis from a European standpoint
Economic Policy , European Union Posted: 2009-09-15
The Global Economic Crisis: Impact on Sub-Saharan Africa and Global Policy Responses
CRS
This 30-page US report examines how the global economic crisis is impacting Sub-Saharan African states and how global policy responses may ameliorate the situation
International Development , Economic Policy Posted: 2009-09-11
The IMF's Stand-by Arrangements and the Economic Downturn in Eastern Europe: The Cases of Hungary, Latvia, and Ukraine
CEPR
This 32-page US report examines IMF agreements with three countries, Hungary, Latvia, and Ukraine, and finds that in all three countries there were mistakes in economic policy that increased their vulnerability to the external shocks
Economic Policy , European Union Posted: 2009-09-10
The United States–China Economic Relationship and the Strategic and Economic Dialogue
Peterson Institute
A US House testimony on how the initial Strategic and Economic Dialogue (S&ED), building on other United States–China contacts and its own predecessor forums, has made an important contribution toward progress on two international economic issues: the current economic crisis and global warming
Foreign Policy , Economic Policy Posted: 2009-09-10
The Future of the Dollar
Peterson Instiute
A 6-page US policy brief assesses whether there are feasible alternatives to the US dollar as a widely used international currency
Economic Policy , Globalisation & International Trade Posted: 2009-09-10
Look Before You Leap: A Skeptical View of Proposals to Meld Macro- and Microprudential Regulation.
C.D. Howe Institute
A 24-page Canadian study that cautions against current G-20 proposals to expand regulation to include system-wide macroeconomic risks
Economic Policy Posted: 2009-09-09
The High Cost of Cash for Clunkers
NCPA
A 2-page US analysis of the Car Allowance Rebate System brought in to stimulate car sales in the US
Economic Policy Posted: 2009-09-08
Economic Crisis and Global Supply Chains
CEPII
This 38-page French working paper examines the sharp fall in world trade associated with the economic crisis during the last quarter of 2008 and the first quarter of 2009
Globalisation & International Trade , Economic Policy Posted: 2009-09-08
What is the Economic Outlook for OECD Countries? An Interim Assessment
OECD
A 24-page interim assessment of the economic outlook for OECD countries
Economic Policy Posted: 2009-09-08
Economic Contractions in the United States: A Failure of Government
IEA
A 144-page UK publication which argues that President Obama is repeating the mistakes of the Great Depression
Economic Policy Posted: 2009-09-08
Agglomeration versus Fragmentation: A Comparison of East Asia and Europe
IDE
This 27-page Japanese discussion paper conducts an empirical clarification of the difference in spatial relationships among countries within a region for the electric machinery industry by use of spatial econometric analysis
Economic Policy , Regional Posted: 2009-09-03
Financial and Monetary Issues as the Crisis Unfolds
Levy Economics Institute
A 16-page US brief presenting the views of a group of economists on financial and monetary issues resulting from the global crisis
Economic Policy , Globalisation & International Trade Posted: 2009-09-03
Fiscal Stabilisation Plans and the Outlook for the World Economy
CEPS
This 53-page paper evaluates the adequacy of the measures implemented in the euro area and the US in response to the financial crisis and finds that while these measures will prove useful in limiting the scale and duration of the downturn, they will not be sufficient by themselves to prevent a lengthy recession followed by a tepid recovery
Economic Policy , Globalisation & International Trade Posted: 2009-08-29
The Recovery Package in Action
EPI
A 12-page US analysis of how the American Recovery and Reinvestment Act is creating jobs, restoring confidence and easing the severity of the recession
Economic Policy Posted: 2009-08-29
China: Bogus Boom?
AEI
This 4-page US essay explains how China's remarkable reported economic performance is possible in the midst of a global recession
Economic Policy Posted: 2009-08-21
China's Emergence from Economic Crisis
Hoover Instiution
This 10-page US essay describes how China has engineered the beginning of a recovery from the initial acute downturn it experienced during the fourth quarter of 2008
Economic Policy Posted: 2009-08-12
China: Bogus Boom?
AEI
This 4-page US essay attempts to assess the reality behind China's economic statistics
Economic Policy , Governance & Politics Posted: 2009-08-02
The Global Financial Crisis and Development Strategy for Emerging-Market Economies
Peterson Institute
A 9-page speech offering a reexamination not only of industrial countries’ financial systems but also of growth strategies in developing countries
Globalisation & International Trade , Economic Policy Posted: 2009-07-30
How Will Latin America Fare after the Current Crisis?
CGD
This 6-page speech analyzes the effect of the global financial crisis on Latin America
International Development , Economic Policy Posted: 2009-07-29
Rebalancing Growth in Asia
IZA
This 59-page discussion paper provides an empirical characterization of the composition of GDP levels and growth rates for the key emerging markets and other developing economies in Asia
Economic Policy , Regional Posted: 2009-07-26
China: Bogus Boom?
AEI
This 4-page US essay examines the risks involved in China's aggressive attempts to maintain an 8 percent growth rate
Economic Policy Posted: 2009-07-24
The Global Financial Crisis: Analysis and Policy Implications
CRS
A 127-page US overview of the global financial crisis
Economic Policy , Globalisation & International Trade Posted: 2009-07-24
Recovery: The Global Financial Crisis and Middle-Income Countries
CEIP
A 40-page US report advocating the introduction of fundamental labour markets reforms to create high-paying jobs as the key to restarting economic growth in middle-income countries
Economic Policy , International Development Posted: 2009-07-16
Mind the Basel Gap
CEPS
This 2-page commentary calls for fundamental reform of the capital adequacy system
Economic Policy Posted: 2009-07-16
Global Financial Surveillance and the Quest for Financial Stability
Peterson Institute
This speech highlights four messages from the global financial crisis for improving global financial surveillance and for promoting financial stability
Economic Policy , Globalisation & International Trade Posted: 2009-07-08
Snapshot of the Economic Crisis
CEIP
This 3-page US article looks at the effect of the global recession on Middle Eastern economies
Economic Policy , Regional Posted: 2009-07-08
The Transatlantic Banking Crisis: Lessons and EU Reforms
IZA
The key dynamics of the transatlantic banking crisis are analyzed in this 58-page policy paper – with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise –, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted
Economic Policy , Globalisation & International Trade Posted: 2009-07-05
China’s Challenge to the International Monetary System: Incremental Steps and Long-Term Prospects for Internationalization of the Renminbi
Pacific CSIS
A US paper considering the prospects for the internationalization of the Renminbi
Economic Policy , Globalisation & International Trade Posted: 2009-07-03
The Global Financial Crisis: Lessons Learned and Challenges for Developing Countries
Peterson Institute
A US speech offering a perspective on the causes of the global financial crisis and how it differs from previous global financial crises.The speaker then proposes some key relevant lessons
Economic Policy , International Development Posted: 2009-06-24
Global Development Finance 2009: Charting a Global Recovery
World Bank
A 167-page report examining global growth prospects
Globalisation & International Trade , Economic Policy Posted: 2009-06-22
Quarterly Update: The Recession in Historical Context
CFR
A US comparison of the current rcession in the US with earlier ones
Economic Policy Posted: 2009-06-21
From a Social to a Sustainable Market Economy: A new paradigm for the 21st Century
SEF
A 12-page German policy paper considering how the integration of a social market economy and sustainable development can be achieved
Economic Policy , Climate Change & Environment Posted: 2009-06-18
Some Simple Observations on the Reform of the International Monetary System
Levy Economics Institute
A 5-page US policy note arguing that the reform of the global monetary system depends on the operation of the adjustment mechanism for dealing with global imbalances
Economic Policy , Globalisation & International Trade Posted: 2009-06-17
The Financial Crisis: Collateral Damage and Responses
SWP
This 50-page German research report examines different aspects of collateral damage following the global financial crisis and highlights the importance of international cooperation to respond to them
Economic Policy , Globalisation & International Trade Posted: 2009-06-16
A Stealthy Stimulus: How Boosting the Minimum Wage is Helping to Stimulate the Economy
EPI
This 4-page US issue brief argues that a three-step increase in the minimum wage is adding billions of dollars to consumer spending and stimulating the economy
Economic Policy , Employment, Industrial Relations & Training Posted: 2009-06-15
Global Imbalances and the Accumulation of Risk
CEPS
This 4-page policy brief examines the causes of the current global financial crisis
Globalisation & International Trade , Economic Policy Posted: 2009-06-14
Reflections on Economic Policy in Time of Crisis
CFR
Transcript of a US speech on the US Administration\'s response to the global economic crisis
Economic Policy Posted: 2009-06-14
The G20 Meetings: No Common Framework, No Consensus
CEIP
This 12-page US policy brief argues that until the major powers can agree on why the crisis started they will not be able to effectively coordinate policies to promote recovery, and the world economy will likely get worse before it gets better
Economic Policy , Globalisation & International Trade Posted: 2009-06-13
Policy Responses to the Global Financial Crisis
Peterson Institute
A US speech considering the political and economic factors that have shaped responses to the global financial crisis so far
Economic Policy , Globalisation & International Trade Posted: 2009-06-09
Tracking the Global Financial Crisis: An Analysis of the IMF’s "World Economic Outlook"
Brookings
An 8-page US analysis of the IMF\\\'s \\\"World Economic Outlook\\\"
Economic Policy , Globalisation & International Trade Posted: 2009-06-09
A Quantum of Solace? An Assessment of Fiscal Stimulus Packages by EU Member States in Response to the Economic Crisis
ETUI
This 40-page working paper analyses the fiscal stimulus packages implemented by EU Member States against the background of the on-going economic crisis. Alongside the overall volume of the packages, the study, which is based on a survey of national experts, considers their content and also the involvement – or lack thereof of the social partners and particularly trade unions
European Union , Economic Policy Posted: 2009-06-07
Economic, Political and Institutional Determinants of Budget Deficits in the European Union
CESifo
This 45-page working paper investigates the economic, political, and institutional determinants of government deficits in the EU
European Union , Economic Policy Posted: 2009-06-04
Economic Valuation of Mortality Risk Reduction
PRI
This 69-page Canadian working paper updates earlier literature and makes new recommendations about appropriate estimates to use when valuing mortality risk changes in policy analyses
Health , Economic Policy Posted: 2009-05-28
Guarded Optimism: Latin American Economies
Chatham House
A UK examination of the prospects for Latin-American economies
Economic Policy , Regional Posted: 2009-05-28
The G20 Meetings: No Common Framework, No Consensus
CEIP
This 12-page US policy brief argues that until the major powers reach consensus about the roots of the imbalance and coordinate policy to promote recovery, the world economy is likely to get worse before it gets better
Economic Policy , Globalisation & International Trade Posted: 2009-05-20
Global Economic Crisis
GSDRC
This 59-page UK report pulls together the key findings from a series of recent research reports which explore the potential impacts of the current economic crisis on developing countries
International Development , Economic Policy Posted: 2009-05-18