- 26 février 2018
Associate Professor, School of Political Studies, and Coordinator, International Political Economy Network
Ten years ago, on 3 October 2008, President George W. Bush signed the “Troubled Assets Relief Program” (TARP), promising $700 billion to support banks and companies hit by the global financial crisis. As Congress passed this historic bill, it seemed …EN SAVOIR PLUS
Ten years ago, as the global economy slipped ever closer to a total meltdown, regulators were slow to recognize the severity of the problem because they were looking in the wrong direction.
Transcripts from the US Federal Reserve’s policymaking committee …EN SAVOIR PLUS
When Canadians woke up to learn that they were the proud owners of a run-down pipeline, many of them no doubt asked themselves, “Can the government just do that?” After all, nationalization hasn’t been a popular government pastime in Canada …EN SAVOIR PLUS
There’s a popular adage that we should never let a good crisis go to waste. Yet, arguably, that’s what we’ve been doing for decades now. We’ve avoided facing the genuine political challenges that economic crises present us and lost these …EN SAVOIR PLUS
As financial markets have been showing their panicky side in the last few weeks, we’ve been hearing various accounts of what’s driving the volatility. One of the key narratives goes something like this: 1) wages are moving up in the …EN SAVOIR PLUS
The current battle over the liberal world order seems to be about trade, climate, and security policy. But monetary policy has also become an increasingly important arena of conflict. Populist leaders seem to love nothing more than denouncing central bankers …EN SAVOIR PLUS
As global inequality grows to “extreme levels” — as revealed in the just-released World Inequality Report — it is hard not to wonder what it bodes for the health of liberal democracy — around the world and here in Canada.…EN SAVOIR PLUS
As Donald Trump makes it clear that he is intent on pursuing his rash and racist agenda come what may, we might be tempted to stand back, count our blessings, and try to minimize the damage.
We need to be …EN SAVOIR PLUS
As pundits debate whether the US Federal Reserve will raise interest rates again this summer or fall, we are reminded of just how much of the economy’s direction hinges on central bankers’ decisions.
Since the 2008 financial crisis, the power …EN SAVOIR PLUS
When the Governor of the Bank of Canada, Stephen Poloz, insisted in New York this week, “the idea that monetary policy just isn’t working any more [is] one myth I’d like to dispel right off the top,” he was right …EN SAVOIR PLUS
Par Jacqueline Best
After a decade under a Conservative leadership that actively undermined the government’s capacity to conduct research, Canadians have elected a government that has promised to base its policies on evidence.
Yet, if the new Liberal government wants …EN SAVOIR PLUS
Published in the Hill Times, May 25, 2015
As Canadians, we pride ourselves on how well our financial regulations coped with the 2008 financial crisis. Given this attitude, it’s not surprising that Canadian policymakers have avoided a major overhaul …EN SAVOIR PLUS