Global

Event

A Conversation With Robert J. Shiller

Speaker: Robert J. Shiller
Presider: Peter R. Orszag
Introductory Speaker: Robert E. Rubin

Robert J. Shiller discusses the importance of economic irrationality, crowd behavior, and other elements of behavioral finance in understanding the global economy and making effective economic policy.

See more in Global; Economics

Other Report

Global Economics Monthly March 2016

Author: Robert Kahn

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the International Monetary Fund (IMF) deserves credit for effectively responding to the global and European financial crises. However, the institution will face different and potentially more difficult challenges in the next five years as it struggles to come to terms with a changing international power order and lending rules that are not well suited to address future crises.

See more in Global; Economics

Foreign Affairs Article

The IMF’s Next Five Years

Author: Robert Kahn

In the next five years, the International Monetary Fund (IMF) will face new challenges as it struggles to come to terms with a rapidly changing global marketplace and with lending rules poorly suited for the crises the institution will likely face. These challenges will force the IMF to scrutinize and adjust its lending rules. A broader issue is also at play: financial markets are becoming bigger more quickly than the institution’s resources are, and IMF rescue alone may be insufficient in the future . How the financing burden is shared with other official creditors will help determine whether the fund is an effective leader of the global effort to prevent and resolve economic crises in the coming decades.

 

See more in Global; International Finance; International Organizations and Alliances

Event

A Conversation with Phumzile Mlambo-Ngcuka

Presider: Rachel B. Vogelstein
Speaker: Phumzile Mlambo-Ngcuka

Phumzile Mlambo-Ngcuka, under-secretary-general of the United Nations and executive director of UN Women joined the Women and Foreign Policy program’s director, Rachel Vogelstein, to discuss implementation of the post-2015 sustainable development agenda. 

See more in Global; Development

Other Report

Protecting Data Privacy With User-Friendly Software

Author: Sara "Scout" Sinclair Brody

Protecting the privacy of user data from unauthorized access is essential for business executives, policymakers, and users themselves. But strong privacy protection software is often difficult for nonexperts to use. In this Cyber Brief, Sara "Scout" Sinclair Brody explains how promoting and improving open-source software can go a long way toward strengthening privacy online.

See more in Global; Cybersecurity; Privacy

Book

State Capitalism

Author: Joshua Kurlantzick

The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. In State Capitalism, Joshua Kurlantzick ranges across the world—Brazil, China, Russia, South Africa, Thailand, Turkey, and more—and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy.

See more in Global; Economics; Organization of Government