In the past five years, financial regulators have become increasingly attuned to the necessity for cultural change in the financial industry. Recognizing that [...]
As the keynote speaker at a recent conference of the International Consortium on Government Financial Management held in Washington DC, I had the opportunity to discuss with representatives from over 40 countries one of the primary challenges facing governments around the world – citizen engagement.
With employers filling 60 percent fewer management positions and otherwise guaranteed internship opportunities succumbing to budget cuts amid the COVID-19 pandemic, students at MIT Sloan were scrambling ahead of the summer of 2020.
The COVID-19 pandemic damages the U.S. and the world economy and puts policymakers in an unfamiliar dilemma. Non-pharmaceutical interventions (NPIs) such as social distancing slow the spread of [...]
Greece recently failed to pay $1.7 billion due to the IMF, thereby becoming the first developed country to default on an IMF loan. That missed payment represents only a portion of the approximately $23 billion in IMF credit outstanding to Greece, suggesting the ultimate losses to the Fund could be m...
by Laura E. Kodres, Leslie Sheng Shen, and Darrell Duffie | The need for US dollar funding during the financial stresses in mid-March 2020, as the COVID pandemic news shocked markets, was evident in a number of countries.
Does the provision of leverage to retail traders improve market quality or facilitate [...]
Please read the published press release below from PR Newswire: CAMBRIDGE, Mass., Dec. 2, 2015 /PRNewswire-USNewswire/ — The MIT Center for Finance and Policy (CFP) and the Harvard Crowd Innovation Laboratory (CIL) are launching a contest to generate new proposals for criteria that regulators sho...
As nearly 2,000 professionals with an interest in government financial management gathered in Boston for the 2017 Professional Development Training of the Association of Government Accountants, the Golub Center was well represented throughout the week by Executive Director Doug Criscitello.
A group of top financial economists from universities around the country, including many of my colleagues at Sloan, released a letter this week urging Congress to [...]
