Christine Cumming of the New York Fed joins Andrés Rozental from the Mexican Council on Foreign Relations to discuss current economic trends and the role of the Fed in the financial regulatory system. Cumming expresses her concern that the financial system is failing in its mission to efficiently allocate capital to the most productive investment opportunities. She is optimistic about future growth prospects in the United States and explains why the current gradual approach to the tapering of monetary stimulus is appropriate.
LinkedIn members are able to showcase their passion for specific causes and organizations on their Profile, making social impact a part of their professional identity. And it turns out that volunteering is good for your career. In fact, one of five hiring managers in the U.S.
Applying the principles of accountability and country ownership to our aid programs will help poor countries to take responsibility for their own development, and will help citizens of our own country to feel confident that their taxpayer dollars are being well spent.
France became the first European country this week to join a worldwide effort to destroy ivory. The goal is to send a warning to ivory traffickers and to anyone who might not consider buying it a serious crime.
“Soft power” is an important element of foreign policy, emphasizing attraction rather than coercion. The concept, popularized by Harvard professor Joseph Nye, provides counterbalance to the infatuation with hard power, especially military force, which has been driven by the accelerated development of “smart” weaponry. Drones, for example, are appealing to their users because their “pilots” may be thousands of miles away, wholly out of danger while people on the ground are dying. It is war without cost for one side.