Financial Regulation

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Politico: On Finance, Obama Hews to Status Quo

Simon Johnson, former chief economist at the International Monetary Fund and current Ronald A. Kurtz professor of entrepreneurship at MIT, suggests that Obama's supposedly "centrist" approach to financial reform is actually quite conservative, while real reform is being driven from the center by Gary Gensler, Mary shapiro, and Elizabeth Warren.

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IMF: What's Driving Investment in China?

Authors: Steven Barnett and Ray Brooks

Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on bank and enterprise reforms, this paper from the IMF argues that weaknesses remain that could contribute to inefficient investment decisions, and that the regulation of state lending to state-owned companies needs to be reformed further if productive investment is to be maintained.

See more in China; Financial Markets; Financial Regulation