Economy

There is nothing like a crisis to focus us on what’s most important. Perhaps one of the silver linings to this large and dark cloud brought on by the COVID-19 pandemic is an accelerated embrace of private-sector leadership on major public...

Worldwide measures to limit the spread of the coronavirus disease have caused an unprecedented drop in global trade. That’s been both understandable and necessary, given the nature of the crisis. But in the longer term, there’s also a...

The global economic crisis sparked by the coronavirus pandemic will have ramifications stretching well beyond one of the deepest world recessions in modern history. The post-crisis landscape will see a sharp intensification of the...

Banks are playing a central role in the COVID-19 crisis, just as they did a dozen years ago during the financial crisis. There is one key difference, however: This time, banks are not the source of the crisis and are in much stronger shape...

While often vilified and misunderstood, the world of finance finds its purpose in creating possibilities and managing uncertainty in environments full of promise and risk. We help save for a car or a retirement. We set fresh new business...

The world will change following this awful pandemic, whether that be in human behavior, societal values, or government policies and intervention. One area, in particular, could have significant long-term consequences for the structure of...

We cannot avoid the first health-policy-induced recession in US history. A severe recession (especially a double-digit decline in Q2 GDP growth), is now “baked in.” Political jockeying has delayed much-needed US fiscal cash injections to...

Relief proposals need to be expanded, says executive director LOS ANGELES, March 25, 2020-- The Milken Institute is advising small business owners to take specific actions immediately while calling for more ambitious government relief...

New report identifies ways NGOs can tap into private markets to support developing countries WASHINGTON, March 19, 2020 — Following extensive research covering more than 500 implementing organizations that focus on health and education, a...

Milken Institute chief economist William Lee appeared on CNBC's The Exchange to discuss measures the Federal Reserve and Treasury Department can take to provide relief from the economic disruptions caused by the COVID-19 crisis.