Economic Policy


Global Imbalances and Currency Misalignments

Peterson Institute

Outline of a speech deliverd at Davos on global imbalances and currency misalignments

Economic Policy, Globalisation & International TradePosted: 2008-02-05

The IMF and the Global Crisis: Role and Reform

Peterson Institute

A 9-page US speech on the role that the IMF should play to mitigate the global financial and economic crisis

Globalisation & International Trade, Economic PolicyPosted: 2009-01-30

Arab Economies at a Tipping Point

Peterson Institute

An 11-page US paper making the case for an economic revitalization of the Arab world

Economic PolicyPosted: 2008-02-28

G-20 Reforms of the International Monetary System: An Evaluation

Peterson Institute

A 5-page US policy brief evaluating how the international monetary system (IMS) reform agenda progressed at the recent Cannes G-20 summit

Economic Policy, Globalisation & International TradePosted: 2011-11-18

Do Sovereign Wealth Funds Pose a Risk to the United States?

Peterson Institute

A US speech proposing steps that could make the global financial environment safe for SWFs

Globalisation & International Trade, Economic PolicyPosted: 2008-03-06

Interest Rate Shock and Sustainability of Italy's Sovereign Debt

Peterson Institute

This 10-page US policy brief examines the sensitivity of the Italian public debt outlook to a new higher interest rate environment, as well as to possible shortfalls from fiscal targets

Economic Policy, European UnionPosted: 2012-02-21

European Debt and Financial Crisis: Origins, Options

Peterson Institute

A US Congressional testimony analyzing the roots of the current European debt and financial crisis and proposals for resolution of the crisis

European Union, Economic PolicyPosted: 2011-10-05

The Future of North Korea is South Korea

Peterson Institute

A 26-page US article on the history and future of North Korea

Governance & Politics, Economic PolicyPosted: 2007-11-12

Needed: A Global Response to the Global Economic and Financial Crisis

Peterson Institute

This US House testimony outlines the four-part policy package that the G-20 should adopt at the London summit

Economic Policy, Globalisation & International TradePosted: 2009-03-18

A Proven Framework to End the US Banking Crisis Including Some Temporary Nationalizations

Peterson Institute

A 12-page US House testimony proposing a framework for ending the US banking crisis

Economic PolicyPosted: 2009-03-18

A Blueprint for Sovereign Wealth Fund Best Practices

Peterson Institute

This 21-page US policy brief offers a blueprint for improving the transparency, predictability and accountability of sovereign wealth funds

Economic Policy, Globalisation & International TradePosted: 2008-04-22

The Case for Exchange Rate Flexibility in Oil-Producing Countries

Peterson Institute

A 14-page US policy brief highlighting the benefits of exchange rate flexibility by oil-producing countries

Economic Policy, EnergyPosted: 2007-11-28

Putinomics

Peterson Institute

A commentary on Russia's Economic Policies

Economic PolicyPosted: 2007-12-12

Global Economic Prospects 2008/2009

Peterson Institute

A US paper assessing global economic prospects for the coming year

Economic Policy, Globalisation & International TradePosted: 2008-04-22

Global Economic Prospects as of September 9, 2011: How Deep the Current Slowdown?

Peterson Institute

An 11-page US paper on global economic prospects

Economic PolicyPosted: 2011-09-19

Renminbi Rules: The Conditional Imminence of the Reserve Currency Transition

Peterson Institute

This 33-page US working paper attempts to answer whether the Chinese renminbi will eclipse the dollar, what the timing of and the prerequisites for this transition will be, and which of the two countries controls the outcome

Economic Policy, Globalisation & International TradePosted: 2011-09-19

The World Economy and the Outlook for the United States

Peterson Institute

A US House testimony on the relationship between the world economy and the economic outlook for the United States

Economic PolicyPosted: 2007-12-12

A Message for Central Bankers: Do Something

Peterson Institute

This US post urges the US Federal Reserve and the European Central Bank (ECB) must engage in further monetary stimulus, which today means purchasing additional government securities in large quantities

Economic Policy, Globalisation & International TradePosted: 2011-11-25

Sovereign Wealth Funds: The Need for Greater Transparency and Accountability

Peterson Institute

This 9-page US policy brief advocates an internationally-agreed standard to guide the international investment activities of governments

Economic PolicyPosted: 2007-08-14

Too Big to Fail: The Transatlantic Debate

Peterson Institute

This 41-page working paper examines the debates on the problem posed by "too big to fail" financial institutions in the US and Europe

Economic Policy, Governance & PoliticsPosted: 2011-01-29

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 PolicyPosted: 2009-12-18

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 PolicyPosted: 2009-09-10

Foreign Direct Investment in Times of Crisis

Peterson Institute

This 19-page US working paper compares the current foreign direct investment (FDI) recession with FDI responses to past economic crises

Globalisation & International Trade, Economic PolicyPosted: 2011-02-03

Global Economic Prospects 2007/2008: Slowing to Sustainable Growth

Peterson Institute

An 18-page US paper on the global economic prospects for 2007/2008

Economic PolicyPosted: 2007-04-21

Global Economic Prospects as of September 2009: Onward to Global Recovery

Peterson Institute

A 25-page US paper on global economic prospects

Economic PolicyPosted: 2009-09-22

Integrating Reform of Financial Regulation with Reform of the International Monetary System

Peterson Institute

This 28-page US working paper links reform of the international financial regulatory system with reform of the international monetary system because as this recent global crisis demonstrates so vividly, the root causes can come from both the financial and monetary spheres and they can interact in a variety of dangerous ways

Economic PolicyPosted: 2011-02-24

The Sustainability of China's Recovery from the Global Recession

Peterson Institute

This 8-page US policy brief assesses the sustainability of China's recovery from the global recession

Economic Policy, Globalisation & International TradePosted: 2010-04-08

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 TradePosted: 2009-11-19

An Update on EU Financial Reforms

Peterson Institute

This 4-page US policy brief argues that the European Union will have to put forth significant effort to develop its own financial regulation system in the absence of strong momentum towards global standards

European Union, Economic PolicyPosted: 2011-01-24

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 PolicyPosted: 2009-11-11

How Europe Can Muddle Through Its Crisis

Peterson Institute

A 6-page US policy brief arguing that Europe is most likely to get through the current crisis by producing a compromise among member states in the form of a permanent European Stability Mechanism (ESM) with an option to issue a conditional Eurobond, which would aid eurozone members suffering asymmetric economic shocks in return for taking domestic reforms to return to a sustainable fiscal path

European Union, Economic PolicyPosted: 2010-12-16

Global Imbalabces: Time for Action

Peterson Institute

An 8-page US policy brief urging policymakers to initiate a credible, comprehensive adjustment programme to reduce the risk of a global financial crisis

Economic Policy, Globalisation & International TradePosted: 2007-03-29

The Role of International Organizations in Creating a More Stable World Economy

Peterson Institute

A 7-page US speech arguing that the emergence of substantial problems in the developed countries points to a need to abandon the current system in favour of one that leads to internationally consistent policies

Globalisation & International Trade, Economic PolicyPosted: 2010-12-16

Current Account Imbalances Coming Back

Peterson Institute

This 35-page US working paper argues that current account imbalances in the major G-20 economies are likely to widen over the next few years, despite the public commitments of G-20 leaders to reduce them

Economic Policy, Globalisation & International TradePosted: 2011-01-24

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 PolicyPosted: 2009-12-18

The Role of the International Monetary Fund and Federal Reserve in the Stabilization of Europe

Peterson Institute

This US testimony argues that the IMF's role in the Greek and European crises is consistent with its mission

European Union, Economic PolicyPosted: 2010-06-16

Global Economic Prospects for 2010 and 2011: Global Recovery Continues

Peterson Institute

A 13-page US paper on global economic prospects for 2010 and 2011

Economic PolicyPosted: 2010-04-11

In Defense of Europe's Grand Bargain

Peterson Institute

An 11-page US policy brief examining the implications of the current European economic crisis

European Union, Economic PolicyPosted: 2010-06-16

Deepening China-Taiwan Relations through the Economic Cooperation Framework Agreement

Peterson Institute

A 3-page US policy brief assessing the likely consequences of the Economic Cooperation Framework Agreement (ECFA) being negotiated between China and Taiwan

Economic Policy, RegionalPosted: 2010-06-27

Coordinating Regional and Multilateral Financial Institutions

Peterson Institute

A 49-page US working paper examining how recent crises and the expansion of international financial arrangements have dramatically elevated the importance of cooperation between regional institutions and the International Monetary Fund (IMF)

Economic Policy, Globalisation & International TradePosted: 2011-03-30

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 & PoliticsPosted: 2009-11-11

Ukraine: Moving Beyond Stalemate?

Peterson Institute

A US testimony proposing an economic reform path for Ukraine

Governance & Politics, Economic PolicyPosted: 2010-03-25

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 PolicyPosted: 2009-07-30

Will It Be Brussels, Berlin, or Financial Markets that Check Moral Hazard in Europe's Bailout Union? Most Likely the Latter!

Peterson Institute

This 15-page US policy brief contains proposals for the EU to develop a solid long-term plan for reforming the EU fiscal policy and surveillance framework

European Union, Economic PolicyPosted: 2010-11-10

Currency Wars?

Peterson Institute

A 12-page US policy brief on how the G-20 summit may prevent an exchange rate war

Globalisation & International Trade, Economic PolicyPosted: 2010-11-18

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 TradePosted: 2010-02-24

An Assessment of Putin's Economic Policy

Peterson Institute

A US article assessing Russian economic policy under the Putin Presidency

Economic Policy, Governance & PoliticsPosted: 2008-07-25

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 PolicyPosted: 2010-01-20

Completing the Doha Round

Peterson Institute for International Economics

An 8-page US policy brief discussing the challenges to reviving and completing the Doha Round

Globalisation & International Trade, Economic PolicyPosted: 2006-11-01

Can America Still Compete or Does it Need a New Trade Paradigm?

Peterson Institute for International Economics

This 9-page policy brief considers how the US can best deal with its trade deficit

Economic PolicyPosted: 2006-12-21

A Grand Bargain for the London G-20 Summit: Insurance and Obeying the Rules

Peterson Institute, VoxEU

This US article calls for a Grand Bargain that recalls the vision of the founders of Bretton Woods by rejecting beggar-thy-neighbor policies, by favoring open markets and policies that support economic growth, and by expanding the role of the IMF at the center of a more rule-based international monetary system.

Economic Policy, Globalisation & International TradePosted: 2009-03-01

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 TradePosted: 2009-09-10

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 PolicyPosted: 2009-10-18

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 PolicyPosted: 2009-09-22

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 PolicyPosted: 2009-09-23

EU Textile Quotas Set to Expire in December

PINR

A US economic brief assessing the implications of the ending of EU textile quotas

Economic Policy, European UnionPosted: 2007-10-18

Can China Deflate Its Stock Bubble?

PINR

A US economic brief on the economic and political implications of China's stock market bubble

Economic Policy, Governance & PoliticsPosted: 2007-10-16

Inflation and Overheating in China

PINR

A brief on the danger to China's economy posed by inflation

Economic PolicyPosted: 2007-11-07

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 PolicyPosted: 2009-12-01

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 PolicyPosted: 2009-05-28

Privatisation in Australia

Privatisation International

A 7-page article describing Australia's experience with privatisation

Economic PolicyPosted: 2004-08-13

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 PolicyPosted: 2009-11-25

Econometric Modelling of R&D and Australian Productivity

Productivity Commission - Australia

This 595-page Australian working paper studies the relationship between R&D and productivity

Science & Technology, Economic PolicyPosted: 2006-05-04

Measuring the Contributions of Productivity and Terms of Trade to Australia's Economic Welfare

Productivity Commission - Australia

This 114-page report assesses the relative contributions made by productivity growth and terms of trade to Australia's improved prosperity

Economic PolicyPosted: 2006-03-28

The World Economy in the New Millennium: A New Golden Age?

Productivity Commission - Australia

A 33-page lecture offering a broad-brush forecast for the world economy

Economic Policy, Globalisation & International TradePosted: 2006-12-01

Structural Reform Australian-Style: Lessons for Others

Productivity Commission - Australia

This 31-page paper describes Australia's structural reforms, their outcomes and how they were achieved

Economic Policy, Governance & PoliticsPosted: 2005-10-11

An Inflation Reality Check

Project Syndicate

A US commentary on the risks of global inflationary pressures

Economic PolicyPosted: 2008-03-11

Annual Privatization Report 2004

Reason Foundation

This 81-page U.S. annual report chronicles developments in privatization, outsourcing and government reform in the United States

Economic PolicyPosted: 2004-10-01

The Chinese Economy: Risky Reporting

Royal Institute for Economic Affairs

A 10-page paper examining the current performance of the Chinese economy and risks to the outlook for continued steady economic growth

Economic PolicyPosted: 2005-04-25

U.S. Economic Policy and Europe

Royal Institute of International Affairs

Transcript of an address by the U.S. Secretary of the Treasury on November 17, 2004 at Chatham House, providing an overview of U.S. economic policy, with particular reference to Europe

Economic PolicyPosted: 2004-11-19

Policy Implications of Global Imbalances

Royal Institute of International Affairs

A 10-page speech questioning the sustainability of the U.S. current account deficit and the assumption that greater national surpluses and deficits are a natural and sustainable symptom of an integrated global economy

Economic PolicyPosted: 2006-01-27

Contested Capitalism: Financial Politics and Implications for China

RSIS

A 47-page Singaporean working paper examining the nature of China's developing institutions

Economic Policy, Governance & PoliticsPosted: 2007-05-16

An Arab Development Bank: Institutionalising Change in Middle East

RSIS

This 2-page Singaporean commentary advocates the creation of an Arab development bank to enable sustainable economic growth in the Arab world

Regional, Economic PolicyPosted: 2011-10-13

Japan's Economic Diplomacy Towards East Asia

RSIS

This 42-page Singaporean working paper sets out Japan's approach towards regional economic integration and cooperation in East Asia

Economic PolicyPosted: 2008-01-19

Service Sector Liberalisation in India: Key Lessons and Challenges

SAIIA

A 31-page South African occasional paper analysing the liberalisation and structural reform process carried out in India’s service sector since 1991 and the key lessons to be learned

Governance & Politics, Economic PolicyPosted: 2011-08-26

Central Banks as Agents of Economic Development

SCEPA

A 24-page US paper examining the changing role of central banking

Economic PolicyPosted: 2007-02-21

Spurring Growth Dynamics from Services Offshoring

Schwartz Center for Economic Policy Analysis

This 12-page US policy note explores the claim that services offshoring benefits a country's economy in general

Economic Policy, Globalisation & International TradePosted: 2006-03-11

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 & EnvironmentPosted: 2009-06-18

Strengthening the Institutional Underpinnings of the Euro

Sieps

An 8-page Swedish policy analysis discussing the need to strengthen the institutions underpinning the euro

European Union, Economic PolicyPosted: 2010-11-12

Social and Employment Policy in the EU and in the Great Recession

Sieps

This 12-page Swedish analysis argues that only a coherent approach to the integration of markets and market-correcting policies may in the future prevent uncoordinated social and employment policies from endangering the political sustainability of European economic integration

Economic Policy, European UnionPosted: 2010-11-10

Perspectives on Economic Growth and Stability in China

SIIA

A 37-page Swedish research paper examining the status, health, and future outlook of the Chinese economy

Economic Policy, Globalisation & International TradePosted: 2009-02-25

Chinese Outward Direct Investment in Southeast Asia: How Much and What Are the Implications?

South East Asia Research Centre

A 21-page working paper indentifying mainland Chinese companies as becoming an increasingly important source of outward direct investment in Southeast Asia

Globalisation & International Trade, Economic PolicyPosted: 2004-07-29

From Policy Takers to Policy Makers: Adapting EU Cohesion Policy to the Needs of the New Member States

Swedish Institute for European Policy Studies

This 260-page book analyzes the issues that will determine whether EMU enlargement is a success

European Union, Economic PolicyPosted: 2005-11-02

Liquidity and Sovereignty: The Eurozone Needs a Lender of Last Resort

SWP

This 4-page German commentary argues that the eurozone needs a lender of last resort that supports member countries in the event of liquidity shortages

European Union, Economic PolicyPosted: 2010-04-20

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 TradePosted: 2009-06-16

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 PolicyPosted: 2010-03-16

Managing the Financial Crisis: Is Europe Getting it Right?

SWP

A 4-page German commentary calling for a coordinated EU response to the global financial crisis

European Union, Economic PolicyPosted: 2009-03-14

Afghanistan's Drug Career: Evolution from a War Economy to a Drug Economy

SWP

A 32-page German research paper looks into the beginnings and the evolution of drug production in Afghanistan during decades-long war

Drug Abuse, Economic PolicyPosted: 2011-04-07

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 PolicyPosted: 2009-10-01

Dealing with Debt Crises in the Eurozone – Evaluation and Limits of the European Stability Mechanism

SWP

This 38-page German paper evaluates the limits of the ESM and suggests moving towards a five pillar solution which builds upon the ESM Treaty which is currently under renegotiation

European Union, Economic PolicyPosted: 2011-11-03

Can Emerging Markets Be the World's New Locomotive?

The International Economy

This 3-page US article considers whether emerging markets can help to avert a renewed global economic slump

Globalisation & International Trade, Economic PolicyPosted: 2010-11-30

Prospects for the U.S. and the World: A Crisis That Conventional Remedies Cannot Resolve

The Levy Economics Institute

An 11-page US paper arguing that the United States and the rest of the world’s economies will not be able to achieve balanced growth and full employment unless they are able to agree and implement an entirely new way of running the global economy.

Economic Policy, Globalisation & International TradePosted: 2009-01-08

Australia's Low Pollution Future: The Economics of Climate Change Mitigation

Treasury - Australia

This 292-page Australian report presents the results of the Treasury's modelling of the potential economic impacts of reducing emissions over the medium and long term

Climate Change & Environment, Economic PolicyPosted: 2008-10-30

Why Health Matters for Economic Performance

Treasury Australia

This 16-page Australian article analyses health and its contribution to economic growth and provides a broad framework for the consideration of health care policies

Health, Economic PolicyPosted: 2009-03-12

Productive Development in Open Economies

U.N. Economic Commission for Latin America and the Caribbean

A 395-page report finding that Latin America and the Caribbean have three-speed economies, requiring different policies to enhance the development of their productive capacities. A page linking to the report is located below.

Economic PolicyPosted: 2004-07-07

Preliminary Overview of the Economies of Latin America and the Caribbean

UN Economic Commission for Latin America and the Caribbean

This 19-page briefing paper reports, in summary form, on the economies of Latin America and the Caribbean during 2005

Economic Policy, International DevelopmentPosted: 2006-02-15

Fifth Report on G20 Investment Measures

UNCTAD

The latest joint UNCTAD-Organization for Economic Cooperation and Development (OECD) report (34-pages) on investment measures taken by G20 countries

Globalisation & International Trade, Economic PolicyPosted: 2011-06-02

World Economic Situation and Prospects 2006

United Nations

This 182-page report by the UN analyzes current developments in the world's economy and emerging policy issues

Economic Policy, International DevelopmentPosted: 2006-02-01

World Investment Report 2004: The Shift Towards Services

United Nations Conference on Trade and Development

This 468-page report presents the latest trends in Foreign Direct Investment and explores the shift towards services, with a special analysis of offshoring service activities

Globalisation & International Trade, Economic PolicyPosted: 2004-09-27

Capital Income Taxation and Progressivity in a Global Economy

Urban Institute

This 34-page US paper explains why there may be both efficiency gains and increases in progressivity from shifting taxes on corporate equity income from the corporate to the shareholder level

Taxation, Economic PolicyPosted: 2011-04-27