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  • Author: Michael D Bordo
  • Publication Date: 09-2018
  • Content Type: Research Paper
  • Institution: The Cato Institute
  • Abstract: The Dodd Frank Act of 2010 (DFA) was designed to overcome the sources of excessive leverage and systemic risk in the U.S. financial sector perceived to have created the Great Financial Crisis of 2007–2008. Since then, considerable controversy has swirled around the efficacy of various components of the multifaceted act. Many have been critical of the Volcker Rule, while others have praised the elevation of capital ratios and the requirements for banks to undergo periodic stress tests. However, there has been mounting concern in the financial community, Congress, and the press over the negative impact of the DFA regulations on small banks and businesses.
  • Topic: International Political Economy
  • Political Geography: America
  • Author: Geoffrey Gertz, Homi Kharas
  • Publication Date: 02-2018
  • Content Type: Research Paper
  • Institution: The Brookings Institution
  • Abstract: The past 15 years saw the most rapid decline in global poverty ever, with the Millennium Development Goal (MDG) of halving the global poverty rate reached several years ahead of schedule. Building on this, governments around the world committed to a new set of Sustainable Development Goals (SDGs), including ending extreme poverty everywhere by 2030.
  • Topic: International Political Economy
  • Political Geography: Global Focus
  • Author: Hatem Chakroun
  • Publication Date: 01-2018
  • Content Type: Research Paper
  • Institution: Arab Reform Initiative (ARI)
  • Abstract: The interaction between Tunisian human rights organizations and movements struggling for economic and social rights present the former with hard questions and important challenges. Human rights actors need to scrutinize their role and tactics to decide whether they would remain in the fast eroding mediation level (between the movements and the state) or they could explore other avenues that can address the complex issues of representation and brokerage between human rights defenders and the bearers of these very rights who are busy developing new ways of defending themselves.
  • Topic: Human Rights, International Political Economy
  • Political Geography: Tunisia
  • Author: Merab Kakulia, Nodar Kapanadze
  • Publication Date: 07-2018
  • Content Type: Research Paper
  • Institution: Georgian Foundation for Strategic International Studies -GFSIS
  • Abstract: The middle class is a key factor of stability for any country. Aristotle pointed out that the bigger the middle class – or social group between rich and poor – the more stable the society is.1 The veracity of this statement is especially clear in modern society, where the middle class acts as an engine of economic growth and social progress. In the first place, this implies that the middle class strives to accumulate human capital and savings. Secondly, it generates creative people, who speed up innovations and stir up economic activity. Thirdly, the consumer capacities of the middle class promote diversification and extension of markets, which in its turn give possibilities for using the economies of scale2. And lastly, the middle class can play a decisive role in the improvement of governance – compared with the poor, it has the capacity to demand better public services, more accountability of civil servants and support economic gross-oriented policies.3
  • Topic: International Political Economy, International Affairs
  • Political Geography: Georgia