Category Archives: Regulatory Risk

Professor Lawrence White on the Implications of Glass-Steagall

The following is an excerpt from Washington Examiner: The Volcker Rule, criticized for its complexity, has already forced some megabanks to divest in ways they might not have had to under the late-stage versions of Glass-Steagall. Goldman Sachs, for instance, … Continue reading

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Professor Ian Bremmer Explains the Evolution and Costs of Cyber Warfare

The following is an excerpt from an recent op-ed by Professor Ian Bremmer published in TIME: Hackers aren’t only in the game to damage governments—sometimes good old-fashioned robbery is enough. The FBI had to notify over 3,000 U.S. companies that … Continue reading

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China’s International Growth Agenda by Prof. Michael Spence

The following is an excerpt from a recent Project Syndicate article by NYU Stern Professor and Nobel laureate Michael Spence: For most of the past 35 years, China’s policymakers have set their focus on the domestic economy, with reforms designed … Continue reading

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Banks’ Financial Reporting and Financial System Stability by Prof. Viral Acharya

The use of accounting measures and disclosures in bank contracts and in regulation suggests that the quality of banks’ financial reporting is central to the efficacy of market discipline and non-market mechanisms in limiting bank debt and risk overhang in … Continue reading

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Prof. Nouriel Roubini: The Dollar Joins the Currency Wars

In a recent opinion editorial on Project Syndicate, Professor Nouriel Roubini argued that governments shouldn’t use currency wars to boost economic growth. While many central banks around the world have eased monetary policies to jumpstart growth, the US dollar has simultaneously strengthened against both advanced-country … Continue reading

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