Financial Markets

Event

The Finance Industry and Its Impact on the U.S. Economy after the Great Recession

Speaker: Rana A. Foroohar
Speaker: John P. Lipsky
Speaker: Joseph E. Stiglitz
Presider: Peter R. Fisher

Experts discuss the growth of finance in the U.S. economy since the Great Recession and its impact on business production and income inequality, and whether government regulations introduced after 2008 have proven effective in preventing another recession.

See more in Global; United States; Financial Markets; Banks and Banking

Article

Conservative Globalizers: Reconsidering the Rise of the Rest

Author: Miles Kahler
World Politics Review

As the most powerful emerging economies—Brazil, China, and India—slow after years of unprecedented growth, panic over their challenge to global order seems unfounded. But stalled performance does not make them irrelevant, and advanced economies should integrate them into global economic institutions, writes Miles Kahler in World Politics Review.

See more in Global; Financial Markets; Emerging Markets

Article

Two Meetings That Can Shape Oil Markets

Authors: Michael A. Levi and Edward Morse
Barron's

As climate plays a growing role in energy markets, serious energy analysis can no longer choose to focus only on traditional energy economics and geopolitics, write Michael Levi and Ed Morse. Policymakers, analysts, companies, and investors that deal in traditional energy will need to become much more sophisticated in their understanding of climate policy.

See more in Global; Financial Markets; Energy and Environment

Article

By All Means Necessary: How China’s Resource Quest Is Changing The World

Authors: Elizabeth C. Economy and Michael A. Levi
All China Review

Elizabeth C. Economy and Michael Levi explore how Chinese demand drive global commodity prices, the broader implications of the Chinese slowdown for the global economy and regional security, and consequences of China’s resource quest for the world’s resource-producing states and industries.

See more in China; Financial Markets; Environmental Policy

Op-Ed

Three Misconceptions About Inequality

Author: Peter R. Orszag
Bloomberg View

Concern about inequality in the U.S. is getting well-deserved attention. Unfortunately, though, discussions of the problem too often rest on three misconceptions: that capital is rising as a share of the economy, that most of the rise in wage inequality is explained by growing gaps within companies between higher and lower paid workers, and that workers are increasingly moving from one job to another. 

See more in United States; Financial Markets

Book

Market Madness

Author: Blake Clayton

CFR adjunct fellow Blake Clayton draws on a century's worth of statistical data to offer a revolutionary new look at volatility and crisis in oil markets. Clayton explores the conditions in which oil supply fears arise, gain popularity, and eventually wane, and demonstrates the significant effects these stories have on financial markets.

See more in Global; Financial Markets; Oil