The Institute released Blue Collar Blues: Is Trade to Blame for Rising US Income Inequality?, a major new study that examines the relationship between trade and US income inequality, on February 7, 2008. Author Robert Z. Lawrence presented his research on this important issue in the current debate over globalization. Lawrence finds that trade plays a minor role in creating income inequality, which suggests any policy focused narrowly on trade to deal with wage inequality and job loss is likely...
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Topics: blue-collar workers, trade, income inequality, globalization, Robert Lawrence, Peterson Institute
Joseph E. Gagnon evaluates the impact of an increasingly interventionist European Central Bank and its coordinated efforts with the US Federal Reserve and other central banks.
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Topics: European Central Bank, ECB, euro area, eurozone, debt crisis, central banks, US Federal Reserve,...
Jeromin Zettelmeyer: Sovereign Debt in the Euro Area Jeromin Zettelmeyer, nonresident senior fellow at the Peterson Institute and deputy chief economist and director of research at the European Bank for Reconstruction and Development (EBRD), makes the leadoff remarks at a panel discussion at the Peterson Institute on January 10, 2013. Anna Gelpern: Sovereign Debt in the Euro Area Anna Gelpern, visiting fellow at the Peterson Institute, provides a legal and comparative perspective on the Greek...
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Topics: Europe, euro area, debt crisis, debt restructuring, Peterson Institute for International Economics,...
The Peterson Institute released two new Policy Analyses in International Relations examining the Trans-Pacific Partnership (TPP) on December 19, 2012. PIIE Senior Fellow Jeffrey J. Schott presented the findings of Policy Analysis 99: Understanding the Trans-Pacific Partnership, and Professor Peter A. Petri of Brandeis University similarly discussed Policy Analysis 98: The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment. The TPP negotiations may achieve...
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Topics: Trans-Pacific Partnership, TPP, trade, Asia, Pacific, United States, regional trade agreements,...
Joseph E. Gagnon analyzes the impact of the widespread use of flexible rates over the past 40 years at an event held at the Peterson Institute for International Economics, September 19, 2011. His presentation was based on his forthcoming book, Flexible Exchange Rates for a Stable World Economy.
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Topics: exchange rates, world economy, Joseph Gagnon, Peterson Institute for International Economics, PIIE
Anders Aslund favorably assesses the latest steps to insulate the rest of Europe from the financial crisis in Greece.
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Topics: Europe, European Union, EU, eurozone, financial crisis, Greece10, debt, contagion, Anders Aslund,...
Gary Clyde Hufbauer assesses what Canada and Mexico would seek in any NAFTA renegotiation and what the economic effects of any new labor standards introduced by the United States would be. This interview is part of the Peterson Perspectives Interviews on Current Issues series.
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Topics: Peterson Institute, Peterson Institute for International Economics, Gary Hufbauer, NAFTA
The Peterson Institute and its close partner Bruegel cohosted the conference "The Transatlantic Relationship in an Era of Growing Economic Multipolarity" October 8, 2010. The conference was supported by a grant from the European Commission and coordinated by Senior Fellow Adam S. Posen, Research Fellow Jacob F. Kirkegaard, and Bruegel Senior Fellow Nicolas Veron.
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Topics: IMF, Peterson Institute, Institute for International Economics, PIIE, IIE, Bruegel, Adam S. Posen,...
Howard F. Rosen doubts that the Obama jobs program, if enacted, will address the immediate problem of Americans giving up on trying to find work.
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Topics: jobs, employment, unemployment, labor, United States, Obama, Howard Rosen, Peterson Institute for...
Joseph E. Gagnon and Michael Mussa discuss the latest steps by the Federal Reserve to help the economyâand what tools might be used if things get worse.
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Topics: United States, Federal Reserve, central banks, deficit, debt, recession, Joseph Gagnon, Michael...
Arvind Subramanian says Christine Lagarde is the frontrunner but that she needs to reassure the developing world that she won't be soft on Europe.
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Topics: IMF, International Monetary Fund, Christine Lagarde, EU, European Union, developing world, Edwin...
Nicolas Veron assesses the prospects for stress testing Europe's banks as a way to stabilize markets and the economic outlook in Europe.
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Topics: Europe, European Union, eurozone, euro area, debt crisis, banking crisis, stress test, economic...
Joseph E. Gagnon argues that with inflation well below the danger zone, the Federal Reserve should lower one-year and two-year rates to spur the economy.
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Topics: US Federal Reserve, United States, monetary policy, economic stimulus, Joseph Gagnon, Peterson...
Frederic S. Mishkin, Federal Reserve Board of Governors, presents his views on the implementation of the Federal Reserve’s communications strategy at the Peterson Institute on July 28, 2008.
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Topics: Mishkin, Federal Reserve, Peterson Institute, Institute for International Economics
Senior Fellows Michael Mussa, Morris Goldstein, and Arvind Subramanian discussed the international economic outlook for the rest of 2008 and for 2009 at the Institute's thirteenth semiannual Global Economic Prospects meeting held April 3, 2008.
Topics: Panel Discussion, Peterson Institute, World economy, Global economy, Economic forecast
Gary Clyde Hufbauer says that despite what President Obama says, Governor Mitt Romneyâs proposal to lower the corporate tax would create jobs in the United States as well as overseas.
Topics: United States, tax policy, corporate tax, jobs, President Obama, Governor Mitt Romney, Gary Clyde...
Nicholas Borst explains that pledges between Presidents Obama and Xi to cooperate have been undercut by recriminations over cyber espionage.
Topics: China, United States, US-China summit, Obama, President Xi, cyber espionage, Nicholas Borst,...
World Bank President Robert B. Zoellick takes audience questions following his speech on the Middle East at a Peterson Institute event held April 6, 2011.
Topics: Robert Zoellick, Middle East, North Africa, MENA, development, World Bank, Peterson Institute for...
On the South Korean English language radio program, The Evening Show, Marcus Noland discusses his new book, Witness to Transformation: Refugee Insights into North Korea. In this 12-minute interview broadcast February 1, 2010, Noland explains how he and his coauthor Stephan Haggard used extensive surveys of North Korean refugees to gain valid insight into an otherwise inaccesible society and discusses what the future may hold.
Topics: North Korea, refugees, political discontent, succession, Marcus Noland, Stephan Haggard, Kim...
Douglas Brooks: Key Indicators for Asia and the Pacific 2013 Douglas H. Brooks, Asian Development Bank (ADB), presents the ADB's flagship publication Key Indicators for Asia and the Pacific 2013 (Key Indicators) at the Peterson Institute for International Economics on October 29, 2013. Robert Dohner, United States Department of the Treasury, offered comments following Brooks's presentation. Q and A with Douglas Brooks Key Indicators for Asia and the Pacific 2013 Douglas H. Brooks, Asian...
Topics: Asia, economic development, Asian Development Bank, Douglas Brooks, Asia-Pacific, Peterson...
Peterson Institute senior fellows William R. Cline and John Williamson take audience questions regarding their new estimates of fundamental equilibrium exchange rates (FEERs) at an Institute meeting held June 3, 2009.
Topics: fundamental equilibrium exchange rates, FEERs, industrial nations, emerging markets, Brazil, China,...
1. Restoring Sustainable Growth and Job Creation in Europe: Panel I The Peterson Institute for International Economics (PIIE) and the Italian Presidency of the EU Council hosted an event on "Restoring Sustainable Growth and Job Creation in Europe" on December 18, 2014, to discuss ambitious new policies to solve the persistent economic stagnation in Europe and in the euro area in particular. Jacob Funk Kirkegaard, PIIE, chaired the first panel, "Calibrating the Macroeconomic...
Topics: Europe, euro area, eurozone, jobs, labor, unemployment, economic growth, Italy, EU Council,...
Anders Aslund assesses the implications of the Russian leader's campaign against Russian oligarchs and his new virulent anti-American propaganda.
Topics: Russia, Putin, United States, corruption, Anders Aslund, Peterson Institute for International...
Nicolas Véron says the bailout of Spanish banks was a helpful first step but that it must be followed by more restructuring of the Spanish banking system if contagion is to be forestalled. Tune in tomorrow for Part II.
Topics: Europe, EU, European Union, euro area, eurozone, banks, bailout, Spain, contagion, debt, Nicolas...
The Peterson Institute held its twenty-first semiannual Global Economic Prospects meeting on November 8, 2012, focusing on the outcome of the US election and the change in Chinese leadership. The presenters forecast the outlook for the three areas with the greatest source of risk and opportunity to the global economy: the United States, Europe and the euro area in particular, and China. David J. Stockton, the newest senior fellow at the Institute, presented the US outlook. Stockton formerly...
Topics: global economic prospect, economic forecast, economic outlook, world economy, Adam Posen, David...
Joseph E. Gagnon and William R. Cline says that judging by the past several years, the dangers of currency manipulation are not widespread at the moment.
Topics: currency, devaluation, currency manipulation, exchange rates, United States, China, Japan,...
Authors Rob Bradley and Trevor Houser present their research published in Leveling the Carbon Playing Field , a joint publication of the Peterson Institute and the World Resources Institute (WRI) released May 21, 2008.
Topics: Rob Bradley, Trevor Houser, climate change, carbon credits, Peterson Institute, Institute for...
Carmen Reinhart takes audience questions following her presentation at the book release meeting for A Decade of Debt at the Peterson Institute for International Economics, September 27, 2011.
Topics: debt, financial repression, financial crisis, Carmen Reinhart, Peterson Institute for International...
Federal Reserve Board member Daniel K. Tarullo took audience questions on global financial regulation reform at a Peterson Institute event held June 8, 2009.
Topics: financial regulation, financial regulation reform, financial crisis, economic crisis, Federal...
Roberto Azevedo, Director-General of the World Trade Organization (WTO), shares his thoughts on âThe WTO at 20â and future prospects for global cooperation in trade. Gary Clyde Hufbauer, PIIE, chaired the event, held on September 24, 2015 at the Peterson Institute for International Economics. For more information, visit: http://www.piie.com/events/event_detail.cfm?EventID=403
Topics: WTO, World Trade Organization, global trade, Roberto Azevedo, Peterson Institute for International...
Gary Clyde Hufbauer, Peterson Institute for International Economics, presented on the topic of tarrifs at the symposium "A Sustainable Energy Trade Agreement," held at the Peterson Institute for International Economics, November 7, 2011.
Topics: Gary Hufbauer, tarrifs, energy, trade, sustainable, SETA, Peterson Institute for International...
Senior Director of the National Security Council Michael A. McFaul delivered the keynote address at the release meeting for the book Russia after the Global Economic Crisis. The book, coedited by Anders Ãslund, Peterson Institute; Sergei Guriev, New Economic School; and Andrew Kuchins, Center for Strategic and International Studies, was released June 10, 2010, by the Peterson Institute for International Economics.
Topics: Russia, economic crisis, Anders Ã
slund, Andrew Kuchins, Michael McFaul, Stephen Sestanovich,...
Morris Goldstein gives his assessment of the financial crisis following Simon Johnson's presentation of his new book 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown at a meeting held April 6, 2010, at the Peterson Institute for International Economics.
Topics: Morris Goldstein, Simon Johnson, financial crisis, economic crisis, too big to fail, systemically...
North Korea's Refugees: Marcus Noland The Peterson Institute for International Economics hosted an event April 29, 2009, to present new research by Senior Fellow Marcus Noland based on a recently completed survey of North Korean refugees in South Korea.
Topics: North Korea, refugees, South Korea, Ambassador Jhe, Marcus Noland, Choi Zoo Hwal, Peterson...
Jacob Werksman, Arvind Subramanian, and Gary Clyde Hufbauer discuss how international institutions are evolving as countries attempt to coordinate efforts to deal with climate change. The panel discussion took place at the PIIE-WRI conference "The Prospect for Multilateral Cooperation on Climate Change" held May 20, 2010, in Washington, DC.
Topics: climate change, international cooperation, Copenhagen Summit, multilateralism, Jacob Werksman,...
The Peterson Institute and its close partner Bruegel cohosted the conference "The Transatlantic Relationship in an Era of Growing Economic Multipolarity" October 8, 2010. The conference was supported by a grant from the European Commission and coordinated by Senior Fellow Adam S. Posen, Research Fellow Jacob F. Kirkegaard, and Bruegel Senior Fellow Nicolas Veron.
Topics: IMF, Peterson Institute, Institute for International Economics, PIIE, IIE, Bruegel, Adam S. Posen,...
Robert Hormats, undersecretary of state for economic, energy and agricultural affairs, delivered a speech entitled âNew Patterns of Investment in the New Global Economy: Implications for US Leadership" at the Peterson Institute for International Economics, October 6, 2010.
Topics: United States, Robert Hormats, global investment, Peterson Institute, Institute for International...
Latvian Prime Minister Dombrovskis explains how Latvia has survived the global financial crisis at an event held at the Peterson Institute for International Economics, June 14, 2010.
Topics: Latvia, Valdis Dombrovskis, global financial crisis, Baltic States, Eastern Europe, Peterson...
Federal Reserve Governor Daniel Tarullo presents his perspective on the upcoming international discussions on reform of financial regulation at a Peterson Institute event held June 3, 2011. For more information about this event, visit http://www.piie.com/events/event_detail.cfm?EventID=185.
Topics: Daniel Tarullo, US Federal Reserve, systemically important financial firms, financial regulation,...
The Deputy Prime Minister and Minister for Finance of Greece, Evangelos Venizelos, takes audience questions following his speech, "The Greek Debt Crisis: Challenges and Opportunities," at the Peterson Institute for International Economics on July 25, 2011. His presentation at the Institute was his only public appearance during his visit to Washington to meet with top IMF and US officials to discuss the Greek reform program and financing for it.
Topics: Greece, Evangelos Venizelos, debt, Peterson Institute for International Economics, PIIE
The Peterson Institute and the Center for Strategic and International Studies (CSIS) released their new copublished book China's Rise: Challenges and Opportunities at an Institute meeting held November 24, 2008.
Topics: China, Peterson Institute, Institute for International Economics, Center for Strategic and...
Jong-Wha Lee, chief economist of the Asian Development Bank (ADB), presented the Asian Development Outlook 2010 report and discussed macroeconomic policy challenges in Asia in the post-crisis period at an event on April 19, 2010, at the Peterson Institute for International Economics.
Topics: Asian Development Bank, Asian Development Outlook, economic forecast, macroeconomic policy,...
Yoshihiro Watanabe, Jeffrey J. Schott, and Peter A. Petri present at session IV of the PIIE-JEF joint conference "A Trans-Pacific Partnership and the Future of the Asia Pacific Region" on October 25, 2010. The presentations focused on the prospects for a Free Trade Area of the Asia Pacific, followed by concluding remarks by Noboru Hatakeyama and C. Fred Bergsten.
Topics: Yoshihiro Watanabe, Jeffrey J. Schott, Peter A. Petri, C. Fred Bergsten, Noboru Hatakeyama,...
The Peterson Institute hosted its twentieth semiannual Global Economic Prospects program September 9, 2011. Senior Fellow Michael Mussa projected the world economy for the rest of 2011 and 2012. PIIE's new Dennis Weatherstone Senior Fellow Carmen M. Reinhart discussed the debt and deficit profiles facing the United States and their implications for the economic outlook. Senior Fellow Simon Johnson analyzed recent developments in the euro area both for the region itself and for the rest of the...
Topics: global economy, world economy, economic forecast, global economic prospects, Michael Mussa, Carmen...
1 Speakers: National Competitiveness and International Value Chains The Peterson Institute cosponsors with the European Central Bank and the World Bank a panel discussion on the policy implications of deepening global value chains on April 17, 2013. Participants included Bernard Hoekman, World Bank; Richard Baldwin, Graduate Institute, Geneva; Ralph Carter, FedEx; Filippo di Mauro, European Central Bank; and Lucian Cernat, European Commission. Marcus Noland, PIIE, chaired the panel. For more...
Topics: value chains, economic competition, economic policy, production, Bernard Hoekman, Richard Baldwin,...
Jacob Funk Kirkegaard says the fears of contagion from Cyprus are overblown; Nicolas Véron says it would be dangerous to minimize such fears.
Topics: Cyprus, debt, financial crisis, Europe, European Union, contagion, bank bailout, Jacob Kirkegaard,...
Simon Johnson, senior fellow, presents the findings of his latest book, White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You, at an event hosted by the Peterson Institute on April 9, 2012. Coauthored with James Kwak, the book provides a comprehensive analysis of the current US fiscal problem and offers proposals for effective policy response.
Topics: United States, debt, financial crisis, Simon Johnson, Peterson Institute for International...
Il SaKong, Chairman of the Korean Presidential Committee for the G-20 summit, outlined his governmentâs proposed action program for the upcoming G-20 summit in Seoul in November. SaKong also reviewed the results from the G-20 summit in Toronto, which he attended. He spoke at an event held at the Peterson Institute for International Economics on June 30, 2010.
Topics: G-20, Toronto, Seoul, Korea, Il SaKong, Peterson Institute, Institute for International Economics,...
Edwin M. Truman presents the conclusions of his new book, Sovereign Wealth Funds: Threat or Salvation?, released at the Peterson Institute on October 12, 2010.
Topics: sovereign wealth funds, SWF, Edwin Truman, Peterson Institute, Institute for International...
The Honorable Paul A. Volcker delivered a speech, âEssential Elements of Financial Reform,â at the Peterson Institute, March 30, 2010. In his speech, he emphasized his proposals to limit the size of US financial institutions in order to minimize the risk of future crises, via what President Obama has called the âVolcker Rule."
Topics: Paul Volcker, financial reform, financial crisis, Peterson Institute, Institute for International...