Category «Economy»

The Beauty of Ivy: When Inequality Meets Equality

Puaschunder, Julia M., The Beauty of Ivy: When Inequality Meets Equality (July 7, 2015). Available for download at SSRN: http://ssrn.com/abstract=2627882 “Thomas Piketty’s (2014) Capital in the 21st Century revolutionized economic thoughts on inequality. Started by the 2008/09 World Financial Crisis and cumulated in the subsequent Occupy movement, attention to rising inequality regarding economic wage, opportunity …

Subjects: Economy, Financial System, Social Media

Understanding the Long-Term Budget Outlook

CBO Director Keith Hall testifies on the long-term budget outlook before the Committee on Homeland Security and Governmental Affairs, United States Senate, July 9, 2015: “The long-term outlook for the federal budget has changed little since last year, according to CBO’s projections. If current laws remained generally unchanged in the future, federal debt held by …

Subjects: Congress, Economy, Financial System, Government Documents

GAO Reports – Afghanistan, Buy Indian Act, Debt Limit, Diplomatic Security, FEMA, International Food Assistance

Afghanistan: Embassy Construction Cost and Schedule Have Increased, and Further Facilities Planning Is Needed, GAO-15-755T: Published: Jul 9, 2015. Publicly Released: Jul 9, 2015. Buy Indian Act: Bureau of Indian Affairs and Indian Health Service Need Greater Insight into Implementation at Regional Offices, GAO-15-588: Published: Jul 9, 2015. Publicly Released: Jul 9, 2015. Debt Limit: …

Subjects: Defense, Economy, Financial System, Food and Nutrition, Government Documents, Legal Research

Systemically Important or “Too Big to Fail” Financial Institutions

CRS – Systemically Important or “Too Big to Fail” Financial Institutions. Marc Labonte, Specialist in Macroeconomic Policy. June 30, 2015. “Although “too big to fail” (TBTF) has been a longstanding policy issue, it was highlighted by the near-collapse of several large financial firms in 2008. Financial firms are said to be TBTF when policy makers …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research, Legislation

Corporate governance principles for banks

Bank for International Settlements – “Effective corporate governance is critical to the proper functioning of the banking sector and the economy as a whole. While there is no single approach to good corporate governance, the Basel Committee’s revised principles provide a framework within which banks and supervisors should operate to achieve robust and transparent risk management …

Subjects: Economy, Financial System, Government Documents, Knowledge Management

Minutes of the Federal Open Market Committee June 16-17 2015

“The information reviewed for the June 16-17 meeting suggested that real gross domestic product (GDP) was increasing moderately in the second quarter after edging down in the first quarter. Labor market conditions improved somewhat further in recent months. Consumer price inflation continued to run below the FOMC’s longer-run objective of 2 percent and was restrained …

Subjects: Economy, Financial System, Government Documents

Agencies release list of distressed or underserved nonmetropolitan middle-income geographies

“The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation today announced the availability of the 2015 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities will receive Community Reinvestment Act (CRA) consideration as community development. Distressed nonmetropolitan …

Subjects: Economy, Financial System, Government Documents, Housing

GAO Reports – Biosurveillance, Crude Oil Export Restrictions, Helium Stewardship Act of 2013, Info Sec, Medicaid, SBA

Biosurveillance: Additional Planning, Oversight, and Coordination Needed to Enhance National Capability, GAO-15-664T: Published: Jul 8, 2015. Publicly Released: Jul 8, 2015: “Naturally-occurring infectious disease or the intentional use of a biological agent to inflict harm could have catastrophic consequences.” Crude Oil Export Restrictions: Studies Suggest Allowing Exports Could Reduce Consumer Fuel Prices, GAO-15-745T: Published: Jul …

Subjects: Cybercrime, Cybersecurity, Defense, Economy, Energy, Health Care, Internet, Medicine

GAO Reports – Financial Literacy, Managing for Results

Highlights of a Forum: Financial Literacy: The Role of the Workplace, GAO-15-639SP: Published: Jul 7, 2015. Publicly Released: Jul 7, 2015: “Employers are well-suited to play a role in promoting financial literacy. Participants noted that employers already provide information on employee benefits, have key information about employees’ lives, and are generally trusted to provide sound …

Subjects: Economy, Education, Financial System, Government Documents, Knowledge Management, Legislation