Financial Markets


Among High-Growth Firms, Reason for Optimism on Startups. (Really.)

Author: Robert E. Litan
Wall Street Journal

Think Tank readers know of my pessimism about the 30-year secular decline in the startup rate–the ratio of new U.S. firms with at least one employee as a share of all firms–through 2011. Labor Department data out Wednesday that looked at new firms and jobs created in the last quarter of 2015 showed how the numbers are down since the recession ended compared with pre-recession data.

See more in United States; Financial Markets

Foreign Affairs Article

The Innovative Finance Revolution

Authors: Georgia Levenson Keohane and Saadia Madsbjerg

Assessments of how governments and international organiza­tions have dealt with global challenges often feature a familiar refrain: when it comes to funding, there was too little, too late. The costs of economic, social, and environmental problems compound over time, whether it’s an Ebola outbreak that escalates to an epidemic, a flood of refugeesthat tests the strength of the EU, or the rise of social inequalities that reinforce poverty.

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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


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


Two Meetings That Can Shape Oil Markets

Authors: Michael A. Levi and Edward Morse

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

Foreign Affairs Article

Beyond Break-Even Prices

Author: Michael A. Levi

When oil prices plunged in 2014, many analysts predicted that major exporters would have to drastically cut supply or else risk fiscal and geopolitical instability. Michael Levi explains why these predictions have been proven wrong.

See more in Global; Oil; Financial Markets