Clark Center Forum

About the Clark Center Forum

The Forum for the Kent A. Clark Center for Global Markets is home to the European, Finance, and US Economic Experts Panels as well as a repository of thoughtful, current, and reliable information regarding topics of the day.
Europe

Central Banking and Climate Change

Question A:

Under current policies on climate change, the associated physical risks (such as those arising from total seasonal rainfall and sea level changes, and increased frequency, severity, and correlation of extreme weather events) will be at most a very small factor in monetary policy decisions over the next decade.

Question B:

The physical risks associated with climate change under current policies are likely to threaten financial stability over the next decade.

 
US

Payday Lending

A ban on very short-term loans at very high annualized interest rates (aka payday lending) would make most people who use or might use them better off.

 
US

Central Banking and Climate Change

This week’s IGM Economic Experts Panel statements:

A) Under current policies on climate change, the associated physical risks (such as those arising from total seasonal rainfall and sea level changes, and increased frequency, severity, and correlation of extreme weather events) will be at most a very small factor in monetary policy decisions over the next decade.

B) The physical risks associated with climate change under current policies are likely to threaten financial stability over the next decade. 
Europe

Research and Development

This week’s IGM European Economic Experts Panel statements:

A) Europeans would benefit more from an extra €1 billion of public R&D spent through existing (public) channels than from an extra €1 billion of private R&D spent through existing (private) channels, all else equal.

B) Europeans would benefit more from an extra €1 billion of public medical research spent through existing (public) channels than from an extra €1 billion of private medical research spent through existing (private) channels, all else equal. 
US

Experimental Research, Development Economics and Poverty Reduction

This week’s IGM Economic Experts Panel statements:

A) Randomized control trials are a valuable tool for answering some long unsettled questions in development economics research.

B) Randomized control trials are a valuable tool for making significant progress in poverty reduction. 
Europe

Experimental Research, Development Economics and Poverty Reduction

This week’s IGM European Economic Experts Panel statements:

A) Randomized control trials are a valuable tool for answering some long unsettled questions in development economics research.

B) Randomized control trials are a valuable tool for making significant progress in poverty reduction. 
Europe

Stakeholder Capitalism

This week’s IGM European Economic Experts Panel statements:

A) Having companies run to maximize shareholder value creates significant negative externalities for workers and communities.

B) Appropriately managed corporations could create significantly greater value than they currently do for a range of stakeholders – including workers, suppliers, customers and community members – with small impacts on shareholder value.

C) Effective mechanisms for boards of directors to ensure that CEOs act in ways that balance the interests of all stakeholders would be straightforward to introduce. 
US

Inequality, Populism, and Redistribution

This week’s IGM Economic Experts Panel statements:

A) Rising inequality is straining the health of liberal democracy.

B) Enacting more redistributive expenditures and policies would be likely to limit the rise of populism.

C) Governments should allocate more resources to policies that would be likely to limit the rise of populism, even if it means higher public debt or lower public spending in other areas. 
Europe

Inequality, Populism, and Redistribution

This week’s IGM European Economic Experts Panel statements:

A) Rising inequality is straining the health of liberal democracy.

B) Enacting more redistributive expenditures and policies would be likely to limit the rise of populism in Europe.

C) European governments should allocate more resources to policies that would be likely to limit the rise of populism in Europe, even if it means higher public debt or lower public spending in other areas.