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The Latest from the Program on America and the Global Economy

The Source of Financial Crisis

Event //
May 01, 2014 // 12:00pm1:00pm
There have been four waves of financial crisis in the last thirty years. Each wave involved the failure of a significant number of banks in three, four, or more countries at about the same time. Moreover, the prices of the currencies of most these countries that were impacted in each wave declined, and many of the borrowers defaulted on their liabilities denominated in the U.S. dollar, the Euro, or some other foreign currency. more

Leveling the Playing Field for U.S. Trade with Asia

Publication //
Mar 28, 2014
Current negotiations over trade deals—the TPP across the Pacific and the TTIP across the Atlantic—offer the United States its best chance in decades to create international standards limiting foreign governments’ support for their home industries writes Public Policy Scholar Kent Hughes in this policy brief. more

Small Business is Big Business in America

Publication //
Jan 10, 2014
Over the past years, the Wilson Center's Program on America and the Global Economy has held a series of conferences, meetings, and briefings that have focused on different aspects of the small business economy. In this report, Kent Hughes puts small business in the context of the American economy and the American innovation with a specific focus on federal initiatives, the sources of finance for small business, and the role of public-private partnerships in supporting small business. more

Education in the Wake of Natural Disaster

Publication //
Jan 10, 2014
Education in the Wake of Natural Disaster examines the successes and challenges of education reform in Haiti, before and after the earthquake that devastated the nation in 2010. Using two examples of success in systems impacted by natural disasters: post-earthquake Chile and post-Hurricane Katrina New Orleans; Paul Vallas and Tressa Pankovits explore how lessons learned could be adapted and emulated in a country like Haiti that is desperate for reform, with over 50 percent of its population under the age of 18. more

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The Source of Financial Crisis

May 01, 2014 // 12:00pm1:00pm

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