Clark Center Forum

Over the coming few weeks, alongside the regular coverage of the Clark Center’s polls and other news, On Global Markets will be reporting on the discussions held at the Economic Experts Conference 9/10 October. Most of those sessions were held under the Chatham House Rule. The 2010s feel like a long time ago. In economic […] 

Over the coming few weeks, alongside the regular coverage of the Clark Center’s polls and other news, On Global Markets will be reporting on the discussions held at the Economic Experts Conference 9/10 October. Most of those sessions were held under the Chatham House Rule. It has been three and a half years since Russia […] 

This Finance survey examines: The two major proxy advisory firms – Glass Lewis and Institutional Shareholder Services – have announced their intention to offer multiple perspectives to clients rather than single voting recommendations – see, for example: https://www.ft.com/content/7860f94c-7b1c-49c9-9f4c-a561ee39ee31; (a) Proxy advisory firms that provide general guidance on corporate governance, diversity and environmental practices will create measurably more shareholder value for investor clients than proxy advisory firms that provide specific voting recommendations (b) Companies that scale back on their diversity, equity, and inclusion initiatives are likely to see a measurable improvement in their corporate value and performance 

This US survey examines (a) The combination of scientific progress, technological innovation, and openness to new ideas underpinned the emergence of sustained economic growth in the Industrial Revolution; (b) The process of creative destruction – in which innovation continually leads to the disruptive displacement of existing jobs, products, firms, and industries – has been a substantial contributor to sustained economic growth 

This European survey examines (a) The combination of scientific progress, technological innovation, and openness to new ideas underpinned the emergence of sustained economic growth in the Industrial Revolution; (b) The process of creative destruction – in which innovation continually leads to the disruptive displacement of existing jobs, products, firms, and industries – has been a substantial contributor to sustained economic growth 

Over the coming few weeks, alongside the regular coverage of the Clark Center’s polls and other news, On Global Markets will be reporting on the discussions held at the Economic Experts Conference 9/10 October. Most of those sessions were held under the Chatham House Rule, but the fireside chat on the BLS was not. While […] 

This European survey examines: Germany’s chancellor Friedrich Merz has recently called for the Russian central bank’s assets that are frozen in Europe to be made available for the defense of Ukraine: https://www.ft.com/content/3aacc930-9f5e-4558-90f1-62bf47a31cd5 (a) Making use of frozen Russian state assets to support Ukraine’s defense would substantially accelerate the ending of the war; (b) Making use of frozen Russian state assets to support Ukraine’s defense would substantially reduce investment in assets issued by European economies; (c) Making use of frozen Russian state assets to support Ukraine’s defense would substantially increase the likelihood of another country seizing Western sovereign assets in a future conflict 

If the United States government were an asset manager, one could imagine it adopting quite a smug and self-satisfied tone when it penned its latest monthly update for investors. As CNBC reported yesterday, the government’s chunky 10% stake in Intel, acquired in late August, is comfortably in the black. Shares of U.S. chipmaker Intel climbed […] 

This Finance survey examines (a) U.S. government ownership of equity stakes in U.S. companies is measurably detrimental to corporate performance; (b) U.S. government ownership of equity stakes in U.S. companies is substantially detrimental to good corporate governance 

This US survey examines (a) For reducing global greenhouse gas emissions, subsidies for R&D on low-carbon technologies are justified in addition to carbon pricing mechanisms like carbon taxes and cap-and-trade systems; (b) Higher subsidies for R&D on low-carbon energy sources are justified by the fact that their successful deployment would not only reduce emissions but also induce developing countries to substitute away from fossil fuels