Cybersecurity Threats Call for a Global Response

2021-05-13T12:56:13-04:00January 13, 2020|

By David Lipton

عربي, 中文, Español, Français, 日本語, Português, Русский 

Last March, Operation Taiex led to the arrest of the gang leader behind the Carbanak and Cobalt malware attacks on over 100 financial institutions worldwide. This law enforcement operation included the Spanish national police, Europol, FBI, the Romanian, Moldovan, Belarusian, and Taiwanese authorities, as well as private cybersecurity companies. Investigators found out that hackers were operating in at least 15 countries.

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Beyond the Austerity Debate: the Deficit Bias in the post-Bretton Woods Era

2017-04-15T14:07:42-04:00May 21, 2012|

The growth versus austerity debate is detracting attention from policy issues that may seem less urgent, but which are nevertheless critical in the medium term. I am referring to what I would call the institutional gaps in fiscal policymaking that still exist in most advanced and emerging economies. These gaps have contributed to a bias in the conduct of fiscal policy in favor of deficits that is behind many of the current problems.
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