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Peterson Institute for International Economics Update Newsletter
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PIIE Update Newsletter
March 29, 2013

"Washington's premier think tank on the global economy"
—The Washington Post
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FEATURED
 
  Live Webcast
Global Economic Prospects, Spring 2013

Monday, April 1, 12:30–2:00 p.m. (EDT)
   
  David J. Stockton Jacob Funk Kirkegaard Barbara Kotschwar The Peterson Institute will webcast its next semi-annual Global Economic Prospects session on April 1, 2013. David J. Stockton, PIIE senior fellow and senior adviser at Macroeconomic Advisers LLC, will present the US outlook. Jacob Funk Kirkegaard, our widely recognized euro crisis expert, will assess whether recent developments in Cyprus and Italy will undermine stability in Europe. Barbara Kotschwar, the Institute's research fellow on Latin American political economy, will discuss whether the region's policies will return to more market- and US-friendly paths, given recent developments in Brazil, Cuba, Mexico, and Venezuela.

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>> More information

  Live Webcast
Currency Wars: Economic Realities, Institutional Responses, and the G-20 Agenda

Tuesday, April 2, 8:20 a.m.–2:00 p.m. (EDT)
   
  The Peterson Institute will webcast its high level conference on "Currency Wars: Economic Realities, Institutional Responses, and the G-20 Agenda" on April 2, 2013. Our program will bring in legal as well as economic, and emerging market as well as G-7, perspectives on the pressing issue of currency relations and retaliations between trading economies. The closing panel at 12:30 p.m. will feature remarks by ECB Governing Council Member Benoit Coeuré, Bank of Canada Deputy Governor John Murray, Banco de Brasil Deputy Governor Luiz Pereira da Silva, and PIIE Distinguished Visiting Fellow Robert Zoellick.

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>> More information


Peterson Perspectives Interviews

audio  Changes under China's New Leadership: Part I
Nicholas R. Lardy says that several top leadership appointments in China indicate improved prospects for economic reform.

audio  Changes under China's New Leadership: Part II
Nicholas R. Lardy assesses the Obama Administration's second-term economic and political agenda with China.


Recent Blog Posts

RealTime Economic Issues Watch   China Economic Watch    North Korea:  Witness to Transformation
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Change Comes (Slowly) to the Bank of England

Act II in Cyprus: Securing a Much Improved Deal

Europe's Cyprus Blunder and Its Consequences

Why the United Kingdom Should Adopt a Nominal GDP Target

Russia to the Rescue? Why Moscow May Bail Out Cyprus
  China's New Populist Urbanization

Local Government Financing Vehicles Under Fire Again

Testimony before the U.S.-China Economic and Security Review Commission

Show me the money: Chinese banks retain profits despite interest rate reforms

Will municipal bonds save China's urbanization plan?
  Guns vs. Rice: More on the UNICEF Nutritional Survey

Academic Sources: Levitsky and Way on the Durability of Authoritarian Regimes

Japan Dispatch

Hyeonseo Lee: North Korea Defector TED Talk

The UN Commission of Inquiry on Human Rights in North Korea


PIIE Noted in the News and on the Web

Bloomberg TV
There Will Be a Mini Bank Run in Cyprus
Jacob Funk Kirkegaard explains that Europe is several big steps closer to a banking resolution framework in the euro area, one that would be similar to how the FDIC operates in the United States.

Wisconsin Public Radio
What Caused the Problems in Cyprus? [mp3]
Jacob Funk Kirkegaard discusses the bailout deal for Cyprus and what its implications are for the euro area and the United States.

NPR's Morning Edition
BRICS Nations Reveal World Bank Alternative
Arvind Subramanian explains to NPR that the BRICS countries plan to establish their own development bank because they are frustrated with the status quo at the International Monetary Fund and the World Bank.



Preview of Our Next Issue

Op-ed
With Cyprus, Europe Risks Being Too Tough on Banking Moral Hazard
Nicolas Véron
 
 
In This Issue
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Event
David Lipton Energy Subsidy Reforms—Lesson and Implications

The IMF's David Lipton presents a new IMF study on the urgent need for countries around the globe to revise how energy subsidies are applied.
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Featured Book
Flexible Exchange Rates for a Stable World Economy Flexible Exchange Rates for a Stable World Economy

Joseph E. Gagnon
Marc Hinterschweiger
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