DOCSLIB.ORG

Anxious Autumn

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Anxious Autumn Hello. Today we look at economic headwinds to keep an eye on, what to watch in the week ahead, and key research conclusions that emerged from Jackson Hole. Anxious Autumn Federal Reserve Chair Jerome Powell’s Friday presentation on the economic and policy outlook — anticipating inflation to come down in time, allowing the central bank to ease into withdrawing its stimulus, proved so comforting that U.S. stocks hit record highs. But as September looms, this autumn could prove highly disruptive to perceptions of both the U.S. economy and policymaking. Following are some key dynamics to watch: Enduring Disruptions A clutch of Fed district bank presidents who also spoke on Friday — including Cleveland’s Loretta Mester — flagged that business contacts had told them that pandemic- induced disruptions to their operations were going to linger for longer than expected, into 2022 and possibly beyond. One key example is the dynamic Gavekal Research has dubbed “the never-ending chip shortage.” It’s damaged the auto industry in particular, with Toyota’s warning of a 40% output cut for September a potential sign of further announcements. Lasting supply problems in auto and other industries would both restrain growth and keep inflation high. Lasting Jobs Hit? The August employment report on Friday will show the latest estimate for how much lost ground has been made up since the crisis began. But some economists are now starting to think it might be impossible to return to the conditions that prevailed before Covid-19. “Several” Fed officials already in July thought the pre-Covid state of the job market “may not be the right benchmark” to judge when the economy reaches full employment. It’s an argument ex-Treasury Secretary Lawrence Summers agrees with . Keep an eye on weekly claims for unemployment insurance remain high relative to 2019 levels — do they come down in September as schools reopen? Fiscal Jam Besides the run-off in federal help to hard-pressed Americans that Reade Pickert and Olivia Rockeman highlighted last week, the outlook for U.S. fiscal policy is messy. Republicans and Democrats are at loggerheads over raising a statutory ceiling for government debt, with the Treasury only having an uncertain number of weeks before it faces payment defaults on federal obligations. The GOP has refused to back an increase, as a show of opposition to a multi-trillion dollar plan by Democrats to ramp up spending on social programs. The deadlock could also force a partial shutdown of the government, as Democrats have vowed to attach the debt ceiling to a vital stopgap spending bill to keep operations going past the Sept. 30 end of the fiscal year. Meantime, mid-September deadlines loom for congressional committees to finish that social-spending legislation, and detail the tax hikes that would help fund it — a tall order given bickering between Democratic progressives and moderates. Then There’s Delta The “most important thing to be watching” is sentiment levels as the pandemic continues, says Joseph Lupton, a JPMorgan Chase global economist. Wednesday’s PMI surveys on manufacturing and services will illustrate the latest readings on business confidence. “I’m looking at that animal-spirit component as kind of an important gauge” in determining whether a weaker third quarter will be offset by a stronger final quarter, “or whether maybe we just need to lower our sights on the overall recovery.” Read more: These five high-frequency charts show the U.S. economy softening from delta — Chris Anstey Got tips or feedback? Email us at [email protected] The Week Ahead The euro zone saw its fastest inflation since 2012 this month with a reading of 2.7%, according to the median forecast of economists, as supply bottlenecks and loosened lockdowns stoked prices. Meanwhile the strengthening recovery is likely to have pushed unemployment to a full percentage point below its crisis peak of 8.6% seen last year. Those statistics on Tuesday and Wednesday will focus the minds of European Central Bank policy makers who are trying to assess the quality of the rebound from the pandemic and the sustainability of inflation, as they prepare for a significant monetary decision the following Thursday on whether to keep up an elevated pace of stimulus. Elsewhere, gross domestic product reports in Canada, Australia and India, China’s purchasing managers indexes, and a possible interest-rate increase in Chile will all feature among the other big economic reports in the next days. For a full rundown of the week ahead, click here . Today’s Must Reads Hurricane devastation | Hurricane Ida pummeled New Orleans and the Louisiana coast overnight with lashing rain and ferocious gusts, leaving much of the region without electricity and bracing for widespread floods and devastation. New Orleans may be without power and air conditioning for more than three weeks in the wake of the hurricane, the city’s port has halted container terminal and break-bulk operations and U.S. motorists should start bracing for higher costs at the pump . Jobs plan | China’s State Council outlined a new employment plan targeting 55 million urban jobs by 2025, better rights for workers and beefing up training of the labor force. Delta drag | Global goods trade — a strong point of the Covid- era economy — is starting to wither under the supply-chain strains that the Delta variant has wrought. Almost half of the Bloomberg Trade Tracker’s 10 indicators were floating in the “above normal” range as of late July. A month later, just one — Korean exports — remains there. Supply squeeze | Bloomberg’s Ann Koh traces the journey of a container of fertilizer sitting in Shanghai, waiting for a ride to the U.S. Canadian election | Top executives have been dragged into the campaign as the policy debate features business taxation and regulation. Double dip | Australia’s economy may have shrunk slightly in the three months through June, setting up the bad “optics” of a technical recession when combined with the lockdown-induced contraction expected for the current quarter. Need-to-Know Research Jackson Hole is about more than the Fed chief’s keynote speech. It’s also a prestigious stage for presenting new economic research. Among the conclusions of studies this year: Rising income inequality over the past four decades has played a much bigger role in lowering the natural rate of interest in the U.S. than demographic factors like the aging baby boomer population. Policy makers need to look beyond the U.S. unemployment rate to get a reading on its full employment goal as growth in the labor force is likely to take longer. Emerging markets could be significantly hurt next year by a two-speed global economic recovery that sees them lagging behind advanced economies while interest rates rise. Expansionary monetary policy can help smooth an economy’s adjustment to shocks like Covid-19. Here’s the link to the full papers On #EconTwitter A look at the Fed’s tapering history... Read more reactions on Twitter Enjoy reading the New Economy Daily? Click here for more economic stories Tune into the Stephanomics podcast Subscribe here for our daily Supply Lines newsletter, here for our weekly Beyond Brexit newsletter Follow us @economics Bloomberg New Economy Conversations — China’s Tech Crackdown: Join New Economy Forum Editorial Director Andrew Browne on Sept. 8 at 10 a.m. as he analyzes the sweeping regulatory crackdown underway in China. The private sector helped power China’s economic rise, but President Xi Jinping seems determined to rein in what he sees as its excesses. Is this transitory or a game-changing shift? Joining Andy are Keyu Jin, Associate Professor of Economics at the London School of Economics & Political Science, and Kevin Rudd, President and Chief Executive Officer of the Asia Society. Register here . Follow Us Like getting the New Economy Daily? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and gain expert analysis from exclusive subscriber- only newsletters. You received this message because you are subscribed to Bloomberg's New Economy Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg L.P. Bloomberg.com 731 Lexington Avenue, Contact Us New York, NY 10022.
Load more

Recommended publications
  • 2012-7-22.For Website.Woo-China's Growth Odyssey
    https://www.project-syndicate.org/onpoint/china-s-growth-odyssey-2017-02 PROJECT SYNDICATE: PS on Point Issue Adviser: a critical review of Project Syndicate’s hardest-hitting commentaries on an urgent global issue. University of California, Davis, economist Wing Thye Woo engages the views of Keyu Jin, Justin Lin, Stephen Roach, and other Project Syndicate commentators, to ask whether China can avoid the “middle-income trap,” even as it reckons with Donald Trump’s presidency. China’s Growth Odyssey 1 Fred Dufour/Getty Images China’s steadily declining rate of economic growth is a problem for both China and the world economy. Now that US President Donald Trump is set to wreak havoc on global stability, can China still hope to achieve the widely shared prosperity it has long sought? FEB 17, 2017 SHANGHAI – Will China’s sociopolitical stability and economic dynamism continue to hold? It’s a question China-watchers are asking more frequently now than at any time in the past three decades. This fall, the 19th Congress of the Communist Party of China will decide (or not) President Xi Jinping’s successor in 2022, while also replacing (maybe) five members of the seven-member Politburo Standing Committee. The result, one hopes, will not be a new period of turbulence like that which the election of Donald Trump has unleashed on the United States. The potential for political uncertainty in China comes at a time when its economy’s health seems to be waning, and when Trump’s presidency could pose a direct challenge to its growth model.
    [Show full text]
  • The Great Transformation of China: Real and Financial Factors November 10, 2010
    Department of Economics Conference The Great Transformation of China: Real and Financial Factors November 10, 2010 Speakers Chong-En Bai (Tsinghua U.) Jo Van Biesebroeck (K.U. Leuven) Chang-Tai Hsieh (Chicago GSB) John Van Reenen (London Sch. Ec.) Keyu Jin (London Sch. Ec.) Shang-Jin Wei (Columbia GSB) Zheng Song (Fudan U.) Dennis Yang (Ch. U. Hong Kong) Kjetil Storesletten (Fed. Reserve Bank) Xiaodong Zhu (U. Toronto) Organised by: Fabrizio Zilibotti, Chair of Macroeconomics and Political Economics with the support of the European Research Council and NCCR-Finrisk Time: 8:30 – 18:00 Venue: KOL-G-217, University of Zurich, Rämistrasse 71, 8006 Zürich Registration (no fees): [email protected] Further Information: http://www.iew.uzh.ch/chairs/zilibotti/ChinaConference.html Chair of Macroeconomics and Political Economy (Prof. Dr. Fabrizio Zilibotti) Department of Economics Schedule Time Speaker Topic of Speech 08:30‐08:50 Coffee and Registration 08:50‐09:00 Fabrizio Zilibotti Welcome Speech (University of Zurich) 09:00‐09:45 Shang‐Jin Wei Seemingly Under‐valued Currencies (Columbia GSB) 09:45‐10:30 Keyu Jin Comparative Advantage and Growth: (London School of Econ.) An Accounting Approach 10:30‐10:45 Coffee Break 10:45‐11:10 Dennis Tao Yang Accounting for Rising Wages in China (Chinese U. Hong Kong) 11:10‐11:35 Zheng Song Life Cycle Earnings and the Rise (Fudan University) in Household Saving in China 11:35‐12:20 Kjetil Storesletten Chinese Pension Reform (Fed. Reserve Bank) in the Face of Financial Imperfections 12:20‐13:45 Lunch Break 13:45‐14:30 Chong‐En Bai Factor Income Distribution in China (Tsinghua University) 14:30‐15:15 Xiaodong Zhu Misallocation of Capital Across Time: (University of Toronto) Chinaʹs Investment Rate Puzzle 15:15‐16:00 Jo Van Biesebroeck WTO Accession and Firm‐level Productivity (K.
    [Show full text]
  • Credit Constraints and Growth in a Global Economy
    Credit Constraints and Growth in a Global Economy Nicolas Coeurdacier St´ephane Guibaud SciencesPo Paris and CEPR SciencesPo Paris Keyu Jin London School of Economics April 3, 2015∗ Abstract We show that in an open-economy OLG model, the interaction between growth differentials and household credit constraints—more severe in fast-growing countries— can explain three prominent global trends: a divergence in private saving rates between advanced and emerging economies, large net capital outflows from the latter, and a sustained decline in the world interest rate. Micro-level evidence on the evolution of age-saving profiles in the U.S. and China corroborates our mechanism. Quantitatively, our model explains about a third of the divergence in aggregate saving rates, and a significant portion of the variations in age-saving profiles across countries and over time. JEL Classification: F21, F32, F41 Key Words: Household Credit Constraints, Age-Saving Profiles, International Capital Flows, Allocation Puzzle. ∗We thank three anonymous referees, Philippe Bacchetta, Fernando Broner, Christopher Carroll, Andrew Chesher, Emmanuel Farhi, Pierre-Olivier Gourinchas, Dirk Krueger, Philip Lane, Marc Melitz, Fabrizio Perri, Tom Sargent, Cedric Tille, Eric van Wincoop, Dennis Yao, Michael Zheng, seminar participants at Banque de France, Bocconi, Boston University, Cambridge, CREST, CUHK, the European Central Bank, the Federal Reserve Bank of New York, GIIDS (Geneva), Harvard Kennedy School, Harvard University, HEC Lausanne, HEC Paris, HKU, INSEAD, LSE, MIT, Rome, Toulouse, UCLA, University of Minnesota, Yale, and con- ference participants at the Barcelona GSE Summer Forum, the NBER IFM Summer Institute (2011), the Society for Economic Dynamics (Ghent), Tsinghua Macroeconomics workshop, and UCL New Developments in Macroeconomics workshop (2012) for helpful comments.
    [Show full text]
  • Dear Edward, China Is Expected to Become the Biggest Economy in The
    Dear Edward, China is expected to become the biggest economy in the world by 2030, if not before. With the world’s largest population, and the world’s biggest manufacturing industry, China’s expanding state owned enterprises now reach across Asia, Africa and Europe. Meanwhile, its domestic market is an increasingly coveted prize for Western multinationals. But China also faces grave problems: an ageing population, wage inflation, a shortage of resources and water, a worsening environment, growing internal political pressures and increased rivalry with neighbours like India. Has the Communist Party’s latest Five Year Plan sustained the country on the right path? What should we expect from the transition of leadership in 2012? Can China sustain its extraordinary growth rate even as the Western markets it relies upon are faltering? To discuss China’s strengths and weaknesses we will be joined by Victor Gao, Co-Chairman of China, Daiwa Capital Markets Hong Kong and Executive Director of the Beijing Private Equity Association, and Dr Keyu Jin, Assistant Professor of Economics at the LSE, who specialises in China’s macro-economics, and government economic policy. The discussion will be moderated by the BBC’s Paddy O’Connell, presenter of Radio 4’s Broadcasting House. This breakfast discussion will take place on Thursday September 29th in the Committee Room of the RAC, 89 Pall Mall, London SW1Y 5HS. A delicious breakfast of bacon rolls, pastries, fresh fruit, tea and coffee will be served from 7.45am, the discussion will begin shortly after 8.00am and we will finish at 9.00am sharp.
    [Show full text]
  • Blackrock Global Allocation Fund, Inc
    SECURITIES AND EXCHANGE COMMISSION FORM N-PX/A Annual report of proxy voting record of registered management investment companies filed on Form N-PX [amend] Filing Date: 2020-11-13 | Period of Report: 2020-06-30 SEC Accession No. 0001193125-20-292516 (HTML Version on secdatabase.com) FILER BLACKROCK GLOBAL ALLOCATION FUND, INC. Mailing Address Business Address 100 BELLEVUE PARKWAY 100 BELLEVUE PARKWAY CIK:834237| IRS No.: 222937779 | State of Incorp.:MD | Fiscal Year End: 1031 WILMINGTON DE 19809 WILMINGTON DE 19809 Type: N-PX/A | Act: 40 | File No.: 811-05576 | Film No.: 201309757 800-441-7762 Copyright © 2020 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number: 811-05576 Name of Fund: BlackRock Global Allocation Fund, Inc. Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809 Name and address of agent for service: John Perlowski, Chief Executive Officer, BlackRock Global Allocation Fund, Inc., 55 East 52nd Street, New York City, NY 10055. Registrants telephone number, including area code: (800) 441-7762 Date of fiscal year end: 10/31 Date of reporting period: 07/01/2019 06/30/2020 Explanatory note: This amended Form N-PX is being filed to update the Form N-PX originally filed with the Securities and Exchange Commission on 08/27/2020. Copyright © 2020 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Item 1 Proxy Voting Record Attached hereto.
    [Show full text]
  • The One-Child Policy and Household Saving∗
    The One-Child Policy and Household Saving∗ Taha Choukhmane Nicolas Coeurdacier Keyu Jin Yale SciencesPo and CEPR London School of Economics This Version: July 7, 2017 Abstract We investigate whether the `one-child policy' has contributed to the rise in China's household saving rate and human capital in recent decades. In a life-cycle model with intergenerational transfers and human capital accumulation, fertility restrictions lower expected old-age support coming from children|inducing parents to raise saving and education investment in their offspring. Quantitatively, the policy can account for at least 30% of the rise in aggregate saving. Using the birth of twins under the policy as an empirical out-of-sample check to the theory, we find that quantitative estimates on saving and education decisions line up well with micro-data. Keywords : Life Cycle saving, Fertility, Human Capital, Intergenerational Transfers. JEL codes: E21, D10, D91 ∗We thank Pierre-Olivier Gourinchas, Nancy Qian, Andrew Chesher, Aleh Tsyvinski, and seminar participants at LSE, SciencesPo, HEI Geneva, Cambridge University, SED (Seoul), CREI, Banque de France, Bilkent University, University of Edinburgh, EIEF, IIES, Yale, UC Berkeley for helpful comments. Taha Choukhmane: 27 Hillhouse Avenue, 06510, New Haven, CT, USA; email: [email protected]; Nicolas Coeurdacier thanks the ERC for financial support (ERC Starting Grant INFINHET) and the SciencesPo-LSE Mobility Scheme. Contact address: SciencesPo, 28 rue des saint-p`eres, 75007 Paris, France. email: [email protected] ; Keyu Jin: London School of Economics, Houghton Street, WC2A 2AE, London, UK; email: [email protected]. 1 Introduction The one-child policy, introduced in 1979 in urban China, was one of the most radical birth control schemes implemented in history.
    [Show full text]
  • China's New Sources of Economic Growth
    CHINA’S NEW SOURCES OF ECONOMIC GROWTH vol. 2 Human Capital, Innovation and Technological Change Other titles in the China Update Book Series include: 1999 China: Twenty Years of Economic Reform 2002 China: WTO Entry and World Recession 2003 China: New Engine of World Growth 2004 China: Is Rapid Growth Sustainable? 2005 The China Boom and its Discontents 2006 China: The Turning Point in China’s Economic Development 2007 China: Linking Markets for Growth 2008 China’s Dilemma: Economic Growth, the Environment and Climate Change 2009 China’s New Place in a World of Crisis 2010 China: The Next Twenty Years of Reform and Development 2011 Rising China: Global Challenges and Opportunities 2012 Rebalancing and Sustaining Growth in China 2013 China: A New Model for Growth and Development 2014 Deepening Reform for China’s Long-Term Growth and Development 2015 China’s Domestic Transformation in a Global Context 2016 China’s New Sources of Economic Growth: Vol. 1 The titles are available online at press.anu.edu.au/publications/series/china-update-series CHINA’S NEW SOURCES OF ECONOMIC GROWTH vol. 2 Human Capital, Innovation and Technological Change Edited by Ligang Song, Ross Garnaut, Cai Fang and Lauren Johnston SOCIAL SCIENCES ACADEMIC PRESS (CHINA) Published by ANU Press The Australian National University Acton ACT 2601, Australia Email: [email protected] This title is also available online at press.anu.edu.au National Library of Australia Cataloguing-in-Publication entry Title: China’s new sources of economic growth : human capital, innovation and technological change. Volume 2 / Ligang Song, Ross Garnaut, Cai Fang, Lauren Johnston, editors ISBN: 9781760461294 (paperback : Volume 2.) 9781760461300 (ebook) Series: China update series ; 2017.
    [Show full text]
  • KEYU JIN (金 刻羽) [email protected]
    KEYU JIN (金 刻羽) [email protected] http://personal.lse.ac.uk/jink/ Office Contact Information Department of Economics London School of Economics Houghton Street London, WC2A 2AE UK Gender: Female Nationality: China Academic Position: September-December 2012: Visiting Professor at Yale University (Cowles fellowship) September 2009: Lecturer (Assistant Professor) of Economics, London School of Economics Education: Ph.D. in Economics, Harvard University, 2004 -2009 B.A., Economics, Harvard College, magna cum laude, 2000-2004 Thesis Title: “Essays on Global Capital Flows, Asset Prices and Portfolio Views of External Adjustment ” Teaching and Research Fields: Primary fields: International Finance, Macroeconomics Secondary fields: International Trade, the Chinese Economy Research Experience and Other Employment: Summer 2009 Morgan Stanley, Hong Kong, Research Department Summer 2008 Federal Reserve Bank of New York Research Department Summer 2005 Research assistant for Professors Kenneth Rogoff and Carmen Reinhart Summer 2004 BNP Paribas, Paris, Fixed Income analyst Summer 2003 World Bank Group, Washington D.C., Research Department consultant Summer 2002 Goldman Sachs International, London, Investment Banking analyst Summer 2001 Morgan Stanley Dean Witter, Hong Kong, Equity Research /Macroeconomics Summer 2000 J.P. Morgan, Singapore, Derivatives Teaching Global Macroeconomics (Executive Education program), International Macroeconomics and Finance (PhD program), International Macroeconomics (undergraduate), Advanced Economic Analysis--- Macroeconomics
    [Show full text]
  • KEYU JIN (金 刻羽) [email protected]
    KEYU JIN (金 刻羽) [email protected] http://personal.lse.ac.uk/jink/ Office Contact Information Department of Economics London School of Economics Houghton Street London, WC2A 2AE UK Gender: Female Nationality: China Academic Position: Associate Professor of Economics January-May 2015: Visiting Professor at UC Berkeley September-December 2012: Visiting Professor at Yale University (Cowles fellowship) September 2009: Lecturer (Assistant Professor) of Economics, London School of Economics Education: Ph.D. in Economics, Harvard University, 2009 B.A., Economics, Harvard College, magna cum laude, 2004 Thesis Title: “Essays on Global Capital Flows, Asset Prices and Portfolio Views of External Adjustment ” Teaching and Research Fields: Primary fields: International Finance, Macroeconomics Secondary fields: International Trade, the Chinese Economy Teaching Global Macroeconomics (Executive Education program), International Macroeconomics and Finance (PhD program), International Macroeconomics (undergraduate), Advanced Economic Analysis--- Macroeconomics (undergraduate) Professional Activities 2011-2017 Board of Editors: Review of Economic Studies Referee for American Economic Review, Economics of Transition, European Economic Review, Journal of Economic Growth, Journal of Comparative Economics, Journal of Development Economics, Journal of International Money and Banking, Journal of International Economics, Quarterly Journal of Economics, Review of Economic Studies, Economic Journal, Review of Economic Dynamics, Economic letters Honors, Scholarships,
    [Show full text]
  • Revitalizing the Spirit of Bretton Woods 50 Perspectives on the Future of the Global Economic System
    REVITALIZING THE SPIRIT OF BRETTON WOODS 50 PERSPECTIVES ON THE FUTURE OF THE GLOBAL ECONOMIC SYSTEM The Bretton Woods Committee Conference delegates register at the Mt. Washington Hotel on July 2, 1944 Source: Bettman/Getty Images MULTILATERAL COOPERATION AND SYSTEMS CHANGE REVITALIZING THE SPIRIT OF BRETTON WOODS | 47 TRANS-SOVEREIGN NETWORKS China’s Role in the New Global Order KEYU JIN Associate Professor of Economics, London School of Economics and Political Science The world is increasingly characterized Competition and substitution, by networks: technologies, firms, banks, emphasized in traditional economic global supply chains, even the English thinking, are gradually giving way to language. It is impossible to under- notions of complementarity, connec- stand the workings of the modern-day tivity, and cooperation. With greater economy without grappling with the interdependence comes the need for a intricacies of how shocks propagate rethinking of the international politico- through networks, how firms conduct economic architecture that takes into business via networks, how infrastruc- account networks of a transnational ture connects countries into networks, nature. There is also a series of questions and how productivity gains are accrued to ponder: Will networks supersede from networks. The world as a whole sovereign relations? Will they render also works as a network. Whether it is the concept of hegemons obsolete, or the Red Cross, an agreement to tackle at least less relevant? Will networks of global climate change, or international the transnational sort need fostering, or financial systems and global supply will they just emerge without design? chains, these efforts are of a transnational If they do need shepherding, who will nature.
    [Show full text]
  • LSE Global Policy Lab Agenda
    SUPER Power Breakfast on the occasion of the Launch of the Global Policy Lab (G-POL) 16th of May 2017 7.30-11.00am The Shaw Library, Old Building, LSE Welcome In early 2016, the LSE Institute of Global Affairs collaborated with Professor Raghuram Rajan, then Governor of the Reserve Bank of India, in the launch of the Rethinking Global Finance initiative. This is the first-ever research project that brings together the central banks of India, China and Russia and involving local researchers and leading academics at the LS. With this initiative and several others, the Global Policy Lab is acting as a catalyst, connecting policymakers and academics of the emerging world to each other within and across countries, and to their counterparts in advanced economies. We are creating the Global Policy Lab against the background of the growing economic and political heft of the emerging economies, to support their ambition to have a stronger research-based voice and help shape the agenda. The LSE, with its first-rate faculty and global student body located in London – the hub linking emerging and advanced worlds – is the natural launching pad. To mark today’s Global Policy Lab launch, we have brought together speakers and participants, who embody this ideal of combining research at the highest level with participation in the transformation of their own countries and in sharing peer-to-peer research and development experience. Professor Erik Berglof, Director, Institute of Global Affairs 16th May 2017 AGENDA Moderator: Jawad Iqbal, Visiting Senior
    [Show full text]
  • Weatherhead Center for International Affairs
    WEATHERHEAD CENTER FOR INTERNATIONAL AFFAIRS H A R V A R D U N I V E R S I T Y 2008–2009 ANNUAL REPORT 1737 Cambridge Street • Cambridge, MA 02138 www.wcfia.harvard.edu TABLE OF CONTENTS INTRODUCTION .....................................4 Tuesday Seminar on Latin American Affairs .................................................38 Turkey in the Modern World .........................................................................40 ADMINISTRATION ..................................6 U.S. Foreign Policy Seminar ......................................................................... 41 Advisory Committee .....................................................................................6 Communist and Postcommunist Countries Seminar ...................................... 41 Executive Committee .....................................................................................6 Comparative Politics ....................................................................................42 Senior Advisors .............................................................................................7 Director’s Faculty Seminar ...........................................................................42 Steering Committee .......................................................................................7 Faculty Discussion Group on Political Economy ............................................43 Administration ..............................................................................................7 Future of War Seminar .................................................................................46
    [Show full text]