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staff
Dan Carol
Dan Carol is a senior director in the Milken Institute’s Center for Financial Markets and leads I
nstitute programming on climate-resilient infrastructure and public finance.
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report
Recapturing the Taiwan Miracle: Diversifying the Economy Through Innovation and Collaboration
Big changes are underway in Taiwan. Its first female elected president, Tsai Ing-Wen, was inaugurat
ed in May, heralding a break with the past in politics and public administration.
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report
Macroprudential Policy: Silver Bullet or Refighting the Last War?
In the wake of the global financial crisis, policymakers, investors, and lenders analyzed the lead-
up to the meltdown to see what changes could prevent another near-collapse.
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report
Trade Finance: A Catalyst for Growth in Asia
While large businesses have resumed international trade at levels seen before the financial crisis,
small- and medium-sized enterprises (SMEs) have not fared as well.
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report
Health and the Gender Gap
In this discussion paper on social and regional factors in well-being, Milken Institute Health
Economist Ken Sagynbekov examines gender-based health disparities across U.S. regions.
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report
Equity Market Anxiety and Other Risks to U.S. Economic Growth
If we required a reminder that the United States is more fully integrated into global economic and
financial markets than ever, we received it by way of the latest turmoil in U.S. equity markets.
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report
Rethinking Appraisals in a Modernized Housing Finance System
Ed DeMarco considers the recent evolution of the home appraisal industry and its role in a future h
ousing finance system that relies on private capital. He explores the issues facing the industry, including content, standards, and regulation.
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report
Currency Manipulation Provisions Do Not Belong in Trade Agreements
Demands for provisions to stop currency manipulation by foreign governments have become central to
the congressional debate over proposed trade agreements, including the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership, under
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report
Proxy Advisory Firms, Governance, Market Failure, and Regulation
Proxy advisory firms have arisen due to market failures underlying voting and the broader system of
corporate governance. However, proxy advisory firms, which are not subject to mandatory regulation, reflect market failures of their own.
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report
Global Opportunity Index: Attracting Foreign Investment
Foreign direct investment has never been more important in catalyzing growth, whether in the develo
ped or developing world.
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report
Payday Lending: Does Regulation Depend on Which Party Holds Power?
When a borrower receives a so-called “payday loan,” he or she writes a check that is postdated to t
he next payday or signs over permission for the lender to make an electronic withdrawal of the amount borrowed, plus fees, on that day.
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report
Comments_on_the_Department_of_the_Treasury_TREAS_Notice.pdf
The Milken Institute Center for Financial Markets (CFM) provided written comments to the Department
of the Treasury regarding expanding access to credit through online marketplace lending.
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