Resilience in the U.S. financial system, increasing diversity in academia, and the deterioration of democratic governance during COVID-19.
Rule of law takes a big hit during the pandemic COVID-19 not only infected millions of individuals across the world, but also caused political chaos and turmoil, with strongmen seizing the moment to consolidate power and governments everywhere buckling under the strain of the health crisis. Ted Piccone highlights new data that show just how far key elements of democratic governance have deteriorated since the beginning of the pandemic. Read more | Promoting doctoral student diversity Increasing the diversity of students in Ph.D. programs is crucial to creating a pipeline of future researchers and educators, but currently, the pipeline into research positions in both academia and industry is disproportionately white. Walter Ecton and Shaun Dougherty discuss how expanding financial aid to potential Ph.D. students is a promising approach for attracting a more diverse pool of doctoral students. Read more | The US needs urgently to raise its macroprudential game “Well-functioning U.S. financial markets are essential for well-functioning global finance. We saw all too clearly in 2008 how disruptions in U.S. markets can trigger a global financial meltdown and recession. Building resilience in the U.S. to risks that could readily materialize is essential to building confidence in a sustained global recovery from the pandemic,” writes Donald Kohn. Read more |
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