The Privatization of Regulation in the World Economy
Private international organizations increasingly set the rules for business activity around the world, but domestic institutions still matter even in setting global rules.
United States and EU Reduce Reliance on Credit Rating Agencies
The SEC eliminates references to CRA ratings from its rules, while the EU increases its oversight of CRAs.
Japan’s Nuclear Disaster Generates Debate Over American Preparedness
Lawmakers study the nuclear disaster in Japan and debate the necessity of improvements to American nuclear safety.
Davos World Economic Forum Focuses on Transparency
Davos World Economic Forum generates support for government transparency, but divides remain over private sector transparency.