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US-Canada Border. Also Markets.

April 4, 2017
David R. Kotok
David R. Kotok

This is a BBC report about US-Canada trade and transit: bbc.com/news/world-us-canada-39449515. Behaviors have consequences, and that is true even among the best of friends.    It is safe to assert that the US-Canada nation-state relationship is one of the very strongest the US has. The two countries maintain a 3000-mile border and have been allies […]

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Reflecting on South America Trip

March 13, 2017
David R. Kotok
David R. Kotok

Standing where I stood to snap the photograph, a casual observer wouldn’t particularly notice the structure or reflect on its history. The tourist’s eye is attracted instead to the jungle’s green canopy, the swirling waters of the river, or monkeys and a toucan. There are no markings now on this vacant building(cumber.com/wp-content/uploads/2017/03/IMG_0487.jpg). It was originally […]

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Here’s to 40 Years

January 4, 2017
Jill Fornito
Jill Fornito

As our 40th anniversary year draws to a close, I wanted to share some travel highlights of GIC’s international destinations beyond those that took place in 2016. My first opportunity to manage a program abroad took place in June 2010, during our events in Prague and Paris.  For the first time, I was able to […]

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Europe: Mourning and Markets

December 6, 2016
David R. Kotok
David R. Kotok

“Unsustainable things continue until they stop.” That is how Herb Stein answered Richard Nixon when Nixon asked about economic timing. The financial and economic construction of the EU and the eurozone has now reached the realm of the unsustainable. Something has to give as the boundaries of policy are stretched toward their outer limits while […]

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Time to deploy the fiscal levers actively and wisely

November 30, 2016
Catherine Mann
Catherine Mann

GIC’s 2016 Frederick Heldring awardee, Catherine L. Mann of the OECD, writes: “The role of fiscal policy has been at the heart of the policy debate since the financial crisis. With the global economy stuck in a low-growth trap and monetary policy overburdened, it is time to re-assess the use of fiscal policy levers. Government interest payments […]

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The Day After in Bondland

November 9, 2016
John Mousseau
John Mousseau

“Destiny is not a matter of chance; it is a matter of choice. It is not a thing to be waited for; it is a thing to be achieved”   – William Jennings Bryan, 1899 (Democratic candidate for president in 1896, 1900, and 1908)   William Jennings Bryan was never elected president, losing to William […]

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Debt, GDP, Interest Rate Shock

October 24, 2016
David R. Kotok
David R. Kotok

Business Insider has compiled a colorful depiction of the largest debtor countries in the world. Here is the link: http://www.businessinsider.com/wef-countries-with-highest-level-of-government-debt-vs-gdp-2015-10. Does debt to GDP mean anything? The answer is maybe. And perhaps the second part of that answer is that it means a huge economic burden if there is intent to pay the debt back. […]

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If You’re Lucky Enough to Be Irish…

October 20, 2016
Jill Fornito
Jill Fornito

‘…then you’re lucky enough,’ as the saying goes. Having grown up in a proud Irish household, with ancestors stemming from County Mayo and County Meath, I was pretty excited to plan GIC’s conference in Dublin. Our program in Ireland, held September 28-30, was the seventh out of our eight international events held in celebration of GIC’s 40th Anniversary in 2016, with the final event taking place in Madrid the following week on October 2-4.

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Trade has been the Antidote to War in Europe

October 6, 2016
Eamonn McKee
Eamonn McKee

Business men and women, trade officials and EU bureaucrats don’t often see themselves as peace builders. Yet that is the real outcome of their professions. Without the trade they foster and make possible, the continent would not just be poorer but more violent. This might sound like a bold claim but let’s briefly put the achievement of EU trade and the single market in context.

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Zika, Cuba, American Politics

October 4, 2016
David R. Kotok
David R. Kotok

Why is Zika so important that you write about it often?” I have gotten that question many times. An update on the Zika situation follows. But first let me offer an explanation as to why I write about it. I believe that health issues and disease threats offer us the chance to assess the functioning of a political system. SARS, Ebola, bird flu, and now Zika show whether or not the political system can be proactive. The quality of governance of a country is revealed, and its functionality [...]

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Montana: The Last Best Place

September 13, 2016
Jill Fornito
Jill Fornito

In the lower part of Montana, about 50 miles south of Bozeman and hidden in the hills beyond several miles of unpaved roads, perched upon a hilltop near the Gallatin National Forest, you’ll find Hubbard’s Yellowstone Lodge. An Orvis-endorsed and award-winning fishing lodge in the summer, a hunting lodge in the autumn and for the […]

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NeuroVersity preparing young adults with autism for the job world

September 7, 2016
Julia Strapp
Julia Strapp

GIC has partnered on The Bottom Line of Disabilities program series for a few years now with the Columbus Community Center, based out of Salt Lake City. Columbus is an innovative nonprofit agency that works strategically with stakeholders to support individuals so they can make informed decisions, pursue meaningful careers and live with independence in the community. […]

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