www.weforum.org 14.09.2011 Global Financial Outlook A Second Great Contraction? With limited fiscal and monetary options available, how can a deep recession and another financial crisis be averted? The following dimensions will be addressed: - Challenge of deleveraging - Limits of conventional policy tools - Financial volatility and latent systemic risks - Political costs of economic change Victor LL Chu, Chairman and Chief Executive Officer, First Eastern Investment Group, Hong Kong SAR Vincent Van Quickenborne, Minister of Economy and Reform of Belgium William R. Rhodes, Senior Adviser, Citi, USA NK Singh, Member of Parliament, India Min Zhu, Deputy Managing Director, International Monetary Fund (IMF), Washington DC Moderated by Victor Halberstadt, Professor of Public Economics, Leiden University, Netherlands; Global Agenda Council on Fiscal Crises

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Duration: 71.60 min.
Views: 1703
Rating: 5.0

Financial Markets (ECON 252) Professor Summers, former US Treasury Secretary and former President of Harvard University, in this the first of two lectures in honor of former Yale Professor and Council of Economic Advisors chairman Arthur Okun, offers thoughts on the role of monetary policy in economic fluctuations, past and present. In the "Okun period," ending about when Okun died in 1980, the monetary authorities were very much involved in actually creating economic contractions. Inflation would repeatedly get out of control, the Fed would hit the brakes, and the economy would slow. But, that is not the story of the economic cycles of the last two decades. Recent economic cycles appear to be connected with factors endogenous to the financial system, such as bubbles or cycles of complacency among lending institutions. Summers argues that to understand the financial markets and the economy, we must consider models of multiple equilibria, such as bank run models, where a change in confidence may shift the economy drastically without any change in fundamentals. 00:00 - Chapter 1. A Profile of Lawrence Summers, Memories of Art Okun 12:48 - Chapter 2. Okun's Concerns on Stable Growth, Inflation, and Cyclical Fluctuations 29:05 - Chapter 3. The Interconnectedness of Modern Financial Crises Worldwide 40:05 - Chapter 4. The Bank Run Metaphor in Non-Bank Financial Crises 58:38 - Chapter 5. Behavioral Finance: Reasons for Positive Feedback 01:15:37 - Chapter 6. Summary and ...

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Duration: 90.83 min.
Views: 12228
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Less than one percent of America (and that includes both individuals and corporations) is getting rich off of the remaining 99%, from outrageous tax breaks to secret deals that enrich politicians to outright lies told to engender the favor of local tax dollars. Dean Lawrence R. Velvel interviews David Cay Johnston, former investigative reporter for The New York Times, about his book, Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense.

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Duration: 60.98 min.
Views: 3714
Rating: 4.757576

www.weforum.org 28.01.2010 The financial crisis has caused an economic crisis around the world. Drastic state measures have prevented the collapse of the economic system governments have established rescue funds for failing banks or nationalized banks for relaunching economic growth. At the same time, central banks have intervened with important injections of liquidity and have lowered interest rates. What were the causes of the financial crisis? In the future, how can such crises be prevented? What effect will state measures have in the long term? What will a global adjustment of the financial system look like? Who should develop and apply the rules? This session is co-organized with the Federation of Swiss Protestant Churches (SEK-FEPS). Ziya Akkurt, Chief Executive Officer and Board Member, Akbank TAS, Turkey Christine Lagarde, Minister of Economy, Industry and Employment of France; Member of the Foundation Board of the World Economic Forum Patrick Odier, Chairman, Swiss Bankers Association, Switzerland Nikolaus Schneider, Vice-Chairperson of the Council, Evangelical Church in Germany, Germany Juan Somavia, Director-General, International Labour Organization (ILO), Geneva; Global Agenda Council on Employment & Social Protection Joseph E. Stiglitz, Professor, Columbia University, USA Moderated by Stephan Klapproth, Anchor, Ten O'Clock News, Swiss Television SF DRS, Switzerland

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Duration: 90.77 min.
Views: 11005
Rating: 4.4

Lasting Implications of the General Motors Bailout (Part 2 of 3) - House Oversight Committee - 2011-06-22 - House Committee on Oversight and Government Reform. Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending. Witnesses: Panel I: Mr. Ron Bloom, Former Senior Advisor to the Secretary of the Treasury; Mr. Vincent Snowbarger, Deputy Director for Operations, Pension Benefit Guaranty Corporation. Panel II: Mr. Daniel Ikenson, Associate Director of the Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Mr. Bruce Gump, Vice Chairman, Delphi Salaried Retiree Association; Dr. Thomas Kochan, George Maverick Bunker Professor of Management, Massachusetts Institute of Technology; Ms. Shikha Dalmia, Senior Analyst, Reason Foundation. Video provided by US House of Representatives.

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Duration: 94.33 min.
Views: 726
Rating: 5.0

The White House Office of Public Engagement continued a series of community briefings by hosting Japanese American Veterans and their families to highlight the Administration's initiatives to address the needs of veterans and wounded warriors, including First Lady Michelle Obama's Joining Forces campaign, the creation of jobs for returning heroes through the American Jobs Act and additional actions that have been launched by the administration to address the needs of military families. November 3, 2011.

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Duration: 77.17 min.
Views: 3285
Rating: 4.2380953

Andrew Samwick, Professor of Economics and Director, Rockefeller Center - Moderator, Nancy Marion, Professor of Economics, Bruce Sacerdote, Vice-Chair and Professor of Economics, and Eric Zitzewitz, Associate Professor of Economics. These four economists will discuss the root causes of the financial crisis, the details of bailout plans and other policy responses, as well as the consequences for economic growth, the labor market, and oil prices.

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Duration: 92.27 min.
Views: 11739
Rating: 4.45