21st Century Monetary Policy takes readers inside the Federal Reserve, explaining what it does and why.In 21st Century Monetary Policy, Ben S. Bernanke—former chair of the Federal Reserve and one of the world’s leading economists—explains the Fed’s evolution and speculates on its future. Taking a fresh look at the bank’s policymaking over the past seventy […]
Disorder: Hard Times in the 21st Century explains the historical origins of the political shocks of the past decade: why politics has been so difficult, why energy and debt are such a large part of these difficulties, and how two rather different kinds of democratic crises exist in Europe and the United States.
In this fascinating insider account, based on in-depth interviews with the Chancellors and key senior officials, Howard Davies shows how the past twenty-five years have nonetheless been a roller-coaster ride for the Treasury. Heavily criticized for its response to the global financial crisis, and for the rigours of the austerity programme, it also ran into […]
As India enters its seventy-fifth year of independence, conventional policy is unlikely to combat the breadth of its economic challenges. Across a range of areas-human capital, technology, agriculture, finance, trade, public service delivery and more-new ideas must now be on the table. The COVID-19 pandemic has not only cost India many lives and livelihoods, it […]
Antitrust enforcement is one of the most pressing issues facing America today—and Amy Klobuchar, the widely respected senior senator from Minnesota, is leading the charge. This fascinating history of the antitrust movement shows us what led to the present moment and offers achievable solutions to prevent monopolies, promote business competition, and encourage innovation.
Our Views The Council of Ministers, in its Wednesday meeting chaired by Prime Minister Dr. Mustafa Madbouli, approved a draft law on some provisions for vacating premises rented out to legal persons for non-residential purposes. The first article specified the scope of the draft law, which was limited to places leased out to legal persons […]
Overview: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?Based on fifteen years of original […]
Overview: The startling picture of how China’s revolution in finance and technology is changing both Wall Street and the way individuals manage their personal finances. China reinvented money with lightning speed, transforming a backward, antiquated cash-based finance system into one centered on super-apps created by technology giants Alibaba and Tencent. More powerful than anything available […]
Overview: Before 1870, humanity lived in dire poverty, with a slow crawl of invention offset by a growing population. Then came a great shift: invention sprinted forward, doubling our technological capabilities each generation and utterly transforming the economy again and again. Our ancestors would have presumed we would have used such powers to build utopia. […]
This study was prepared by the Egyptian Center for Economic Studies (ECES) as part of its efforts in contribution to the preparations for COP27 which took place in Egypt in November 2022. The research team for this paper and all preparatory work involved: Abla Abdel-Latif, PhD, ECES Executive Director and Director of Research as Team […]