With the global economy gaining momentum following its recovery since 2008, and the new U.S. leadership’s refocusing from financial stability efforts to developing blueprints for economic growth, parts of the post-crisis macroprudential framework have been reshaped, and new rules have been introduced. In addition, Legislative and regulatory initiatives such as Basel III, Dodd-Frank, and others have significantly changed the financial ecosystem as well.
The Milken Institute works to facilitate a continuing dialogue among key stakeholders in this rapidly changing environment and to improve the established reforms, as well as those under proposal. Over the past year, the institute’s international finance and macroeconomics team held roundtables and discussions with regulators and market participants. It also published nonpartisan and data-driven research to evaluate the efficacy of the intended effects of financial reforms and point out some of their unintended consequences.
This report comprises a synopsis of those discussions, as well as five papers and their summaries, which were produced over the same period. The papers and discussions highlight the impacts of the current regulations, the influence of the asset management industry on financial stability, and how the strengthened role of central counterparty clearinghouses in the derivatives market affects the resilience of the financial system.
Countries undergoing population aging today are facing a much different experience than their historical counterparts. One only needs to look at the countries in Asia to see how these trends are unfolding. Demographic aging is happening...
Even before the onset of the COVID-19 pandemic, the United States was confronted with a number of significant policy concerns. Today, working together to solve those challenges is more imperative than ever. The Milken Institute is committed...
The 26th annual Milken Institute Global Conference convened the best minds in the world to tackle its most urgent challenges and realize its most exciting opportunities. Throughout the four-day event, our health teams curated nearly three...
The Financial Innovations Labs® and FasterCures teams have collaborated on a project to identify new models for financing the antimicrobial resistant antibiotic pipeline. These past 18 months have demonstrated how consequential public...
In this collection of essays from the Center for the Future of Aging, experts identify challenges and opportunities in realizing the potential of healthy, productive and purposeful aging.
Technical Update Dementia presents a pernicious gender-based health disparity in the United States, inflicting a disproportionate burden on women as both patients and caregivers. Given the rapid increase in the population of older Americans...
Nationwide protests in the summer of 2020 sparked many of the largest US corporations to pledge more than $200 billion to advance racial equity and confront the nation’s history of systemic racism. Nonprofits, government agencies, and...
This year’s report, Building a Resilient America: The New Consensus for Action, is part of The Milken Institute-Harris Poll Listening Project, now in its fifth year, which surveys socioeconomic, institutional, and political barriers to...
Employers seek to support their employees while normalizing a whole-person approach to substance use disorders (SUD). The response to addiction and the opioid crisis requires a whole-of-society approach, including employers of all sizes...