PERI - Search results

Research

Monetizing Public Debt in Japan: An Empirical Critique of Modern Money Theory

Working Paper, January 2020 | Junji Tokunaga

Commentary

Medicare for All Resolutions Webinar

Presentation, January 2020 | Jeannette Wicks-Lim

Research

Government Policy’s Influence on Shadow Banking in China

Working Paper, January 2020 | Sara Hsu

Shadow banking in China plays an important role in China’s overall financial system, but assessments of its impact vary widely. In this paper, Sarah Hsu describes how shadow banking is viewed by Chinese government officials and industry experts as overly risky and potentially undermining the formal financial system. But shadow banks are filling a gap in the provision of finance to particular sectors and smaller firms. Hsu analyzes the impact of government regulation on the shadow banking and non-shadow banking financial sector (i.e., the stock market) and proposes ways to strengthen the regulations of shadow banks to improve access to credit.

Research

Revisiting India's Growth Transitions

Working Paper, December 2019 | Deepankar Basu

In “Revising India’s Economic Growth Transitions,” Deepankar Basu examines two questions relating to India's economic growth trajectory: structural breaks in growth and the impact of equipment investment on aggregate economic growth. He first shows that substantial accelerations in India’s growth path have occurred only at two points since the 1960s, in 1978-79 and 2004-05. Basu also finds that private investment in equipment and machinery exerts a significant positive impact on India’s GDP growth. These findings shed new light on how India transitioned from a slow to a fast overall growth trajectory starting in the 1990s.

Commentary

A Green New Deal for Greece: Interview with Robert Pollin

Interview, December 2019 | Eurydice Bersi

Research

Green Economics and Decent Work: A Viable Unified Framework

Development and Change

Journal Article, December 2019 | Robert Pollin

Commentary

Neoliberalism and Climate Change: The Green New Deal as an Anti-Neoliberalism Program

Dollars & Sense

Commentary, December 2019 | Robert Pollin

Research

Press Room

Monetizing Public Debt in Japan: An Empirical Critique of Modern Money Theory

Medicare for All Resolutions Webinar

Government Policy’s Influence on Shadow Banking in China

Revisiting India's Growth Transitions

A Green New Deal for Greece: Interview with Robert Pollin

Green Economics and Decent Work: A Viable Unified Framework

Neoliberalism and Climate Change: The Green New Deal as an Anti-Neoliberalism Program

International Trade and Capital Flight from Africa: Challenges for Governance

Magnitudes and Mechanisms of Capital Flight from Angola, Côte d’Ivoire and South Africa

The Modern Money Theory Free Lunch Mirage Can Produce Perverse Outcomes