MIT Golub Center for Finance and Policy Public Policy

What does the Ex-Im Bank really cost taxpayers?

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A heated debate is raging in Congress over whether to reauthorize the Export-Import Bank. The Ex-Im Bank, as it is commonly known, is an independent federal agency charged with providing credit assistance for U.S. exporters. Beneficiaries include large corporations (in 2012, over 80% of the guarante...

Sep 17, 2014
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MIT Golub Center for Finance and Policy Public Policy

Peter Fisher on the Pathology of Finance

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What will people say 1,000 years from now when they look back at the conventional wisdom about financial policy today? Peter Fisher of the Tuck School at Dartmouth College reflected on that question in his keynote speech at the Inaugural Conference on Finance and Policy held at MIT Sloan on Septembe...

Sep 15, 2014
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MIT Golub Center for Finance and Policy Public Policy

Bridging the knowledge gap on governments as financial institutions

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Ask most finance experts about the “world’s largest financial institutions,” and you’ll hear names like Citigroup, ICBC (China’s largest bank) and HSBC. However, governments top the list of large financial institutions, with investment and insurance operations that dwarf those of any private enterpr...

Sep 10, 2014
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MIT Golub Center for Finance and Policy Public Policy

Chinese Local Government Indebtedness

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Visiting Scholar Xun Wu, a PhD student at Tsinghua University, is in residence at the CFP for the 2014-15 academic year to pursue his dissertation research on “Chinese Local Government Indebtedness: Systemic Risk and Financial Cost.”

Feb 1, 2014
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MIT Golub Center for Finance and Policy Public Policy

After shutdown, an examination of the costs and lingering threats

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MIT panel talks fiscal, global, and legal consequences of the government’s near-default. When MIT Sloan professor Deborah Lucas scheduled a panel discussion titled “U.S. Fiscal Crisis: Causes and Consequences,” the government was shut down, no compromise seemed imminent, and what the state of affair...

Feb 1, 2014
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MIT Golub Center for Finance and Policy Public Policy

Shanghai Finance Forum: Finance for the Future

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Nearly 250 MIT Sloan alumni and guests gathered in Shanghai on July 19, 2013 for the third MIT Sloan Finance Forum (the first was held in New York in April 2012 and the second was held in London in June 2013).

Aug 20, 2013
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