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The Time for Innovative Policy Action
With the current European sovereign debt crisis roiling the markets and the recent US subprime crisis, bank failure, and debt ceiling debacle still in the minds of countries and investors, critical attention has been refocused on credit rating agencies and institutional mechanisms in abetting the crises and the steps needed […]
Author Archive
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INCRA: How to Creditably Rate Sovereign Risk
Surrounded by real world examples of conflicts of interest by “Big Three” for-profit credit rating agencies–Standard & Poor, Moody’s, and Fitch, the Bertelsmann Foundation unveiled the blueprint for a hypothetical international nonprofit credit rating agency (INCRA) on April 19th at the climax of the Bertelsmann Foundation – Financial Times Conference […]
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Making a Comeback: Towards a More Sustainable Economic Recovery
Jobs and growth are back in the spotlight in the Washington, DC policy conversation. Gunter Thielen, the President and CEO of the Bertelsmann Foundation, highlighted a number of outstanding issues that would be dealt with over the course of the Bertelsmann Foundation Financial Times conference on April 19th in the […]
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Making a Comeback: Protect Employment, Not Jobs
The plight of the unemployed in the slow recovery to the global economic recession was the focus of the discussion between US Secretary of Labor Hilda Solis and her counterpart in Germany Ursula von der Leyen. The panel–held as part of the annual conference hosted by the Bertelsmann Foundation and […]
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Exporting Censorship – US Technology Companies in Repressive Countries
Last October, news surfaced that the U.S. technology company Blue Coat Systems had provided the censorship equipment used by Syria in the government’s repression of its citizens. The company initially denied the charge, first brought by the European hacker collective Telecomix with traffic data taken from within Syria, but with […]