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Category Archives: Financial System

Economic Policy Review: Behavioral Risk Management in the Financial Services Industry

Federal Reserve Bank of New York – Economic Policy Review, Special Issue: Behavioral Risk Management in the Financial Services Industry. The Role of Culture, Governance, and Financial Reporting.  August 2016 [177 pages, PDF] Continue Reading

Effective exchange rate indices covers 61 countries

Bank for International Settlements – Updated 16 August 2016 “The BIS effective exchange rate (EER) indices cover 61 economies, including individual euro area countries and, separately, the euro area as an entity. The most recent weights are based on trade in the 2011-13 period, with 2010 as the indices’ base year. Nominal EERs are calculated as… Continue Reading

OIG – Army General Fund Adjustments Not Adequately Documented or Supported

07-26-2016, Financial Management, Army General Fund Adjustments Not Adequately Documented or Supported (Project No. D2015-D000FL-0243.000), DODIG-2016-113. “We determined whether adjustments made to Army General Fund (AGF) data during the FY 2015 financial statement compilation process were adequately documented and supported. In addition, we assessed the internal controls over the compilation process. The Office of the… Continue Reading

The Global Competitiveness Report 2015-2016

World Economic Forum — “The Global Competitiveness Report 2015-2016 assesses the  competitiveness landscape of 140 economies, providing insight  into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment  of national competitiveness worldwide.” Continue Reading

The Economist – Global Liveability Ranking 2016

The Economist Intelligence Unit – “The latest findings of The Economist Intelligence Unit’s Global Liveability Ranking (reg. req’d) – which provides scores for lifestyle challenges in 140 cities worldwide – show that although Melbourne has retained its crown as the world’s most liveable city, liveability has deteriorated in 29 of the 140 cities (20 per… Continue Reading

World Bank – Global Economic Prospects Divergences and Risks

“The World Bank is revising its 2016 global growth forecast down to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows. Commodity-exporting emerging market and developing economies have struggled to adapt to lower… Continue Reading

New Pilot Study on Measuring OECD Countries’ Starting Positions on Sustainable Development Goals

“On July 14 2016 the OECD presented its Pilot Study on Measuring OECD Countries’ Starting Positions on the SDGs in the margins of the UN High-Level Political Forum on the SDGs in New York.  The Study, Measuring the Distance to the SDGs Targets, piloted on selected OECD countries, leverages on the OECD work on well-being… Continue Reading

CFPB – Midyear Update on Student Loan Complaints

“This midyear update analyzes complaints submitted by consumers from October 1, 2015 through May 31, 2016. During this period, the Bureau also began handling complaints about problems managing or repaying federal student loans; this is the first report released by the Bureau discussing data on federal student loan servicing complaints. This report highlights the problems… Continue Reading

Development is impacting the Grand Canyon environment, ecology

National Geographic – Are We Losing the Grand Canyon?On a 650-mile trek, two adventurers faced danger and hardship—and saw how development could spoil an American icon. A proposed tramway, an upcoming titanium mine, hundreds of helicopter tourist trips – in addition to all the facilities to house, feed and transport an ever growing number of… Continue Reading

DOD Contractor and Troop Levels in Iraq and Afghanistan: 2007-2016

Department of Defense Contractor and Troop Levels in Iraq and Afghanistan: 2007-2016, Heidi M. Peters, Coordinator, Information Research Specialist; Moshe Schwartz, Specialist in Defense Acquisition; Lawrence Kapp, Specialist in Military Manpower Policy. August 15, 2016. “This report provides background information for Congress on the levels of Department of Defense (DOD) troop and contractor personnel deployed… Continue Reading

Minutes of the Federal Open Market Committee, July 26-27, 2016

Minutes of the Federal Open Market Committee – Long-Run Monetary Policy Implementation Framework – “The staff provided several briefings that reviewed progress on a long-term effort begun in July 2015 to evaluate potential long-run frameworks for monetary policy implementation. The briefings highlighted some foundational considerations that are relevant for such an evaluation. The staff described… Continue Reading

Committee on Foreign Investment in the United States

CRS report via FAS – The Committee on Foreign Investment in the United States (CFIUS): “The Committee on Foreign Investment in the United States (CFIUS) is comprised of nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group… Continue Reading