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Brookings Metropolitan Policy Program – via the blog for the book, Confronting Suburban Poverty in America: “Between 2000 and 2012, poverty grew and re-concentrated in parts of metropolitan areas that were farther from jobs, particularly in suburbs, which are now home to more than half of the poor residents of the country’s 100 largest metro …
World Bank – July 8, 2015 — “Some 136 countries are now investing in social safety nets and the number is growing. A new study finds such programs reduce poverty by 8%. Yet only one-third of the world’s poor benefit from safety nets. The State of Safety Nets 2015
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 …
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 …
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: …
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 …
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 …
“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 …
“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 …
UK – House of Commons Library – “This briefing provides background to and analysis of developments in the Greek debt crisis, including an overview of the origins of the crisis, a review of latest developments and looks at the what would happen if Greece defaults on its debt – July 6, 2015. The long-running debt …
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 …
“The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Monday posted the public portions of annual resolution plans for 12 large financial firms. Each plan must describe the company’s strategy for rapid and orderly resolution under the U.S. Bankruptcy Code in the event of material financial distress or failure of the company. …
