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Prof Chris Hughes has published a piece in one of Japan's leading newspapers

Prof Chris Hughes published an article entitled 'Japan’s foreign policy for a new age: Realistic realism' in , one of Japan's leading newspapers. The article was released in Japanese in early January and will appear in the English addition on 26 February 2011. The English version of the article is available on Prof Hughes' website now.

Thu 24 Feb 2011, 09:28 | Tags: Staff

Dr Tim Sinclair recently appeared on China Radio International discussing the topic "Reform of the Credit Rating System".

Please click this link to hear the .

Tue 22 Feb 2011, 10:54 | Tags: Staff

Professor Peter Burnell has recently featured on ElectionGuide Digest with his piece:

Wed 12 Jan 2011, 16:12 | Tags: Staff

Getting credit ratings ‘right’ seems vitally important to many professional observers and politicians. The increasingly volatile nature of markets in a post-Bretton Woods world of international capital mobility has created a crisis in relations between the rating agencies and governments, which seek to monitor the performance of the agencies and stimulate ‘reform’ in their procedures and business models, even if the exact purpose of this reform seems to elude them. This process started with the Enron bankruptcy, but the subprime crisis has generated a veritable ‘moral panic’ about agency performance in relation to asset-backed securities. In pursuing improvement in the rating system policy-makers need to appreciate the limits to rating. Our expectations of the agencies are founded on a rationalist or machine-like understanding of the workings of capital markets, and on an exogenous understanding of the causes of financial crisis. This worldview implies a correct rating can be determined, and that finding this correct answer is purely a technical matter. A more accurately social and dynamic view of markets and financial crises makes the challenge of effective rating even more daunting.

Mon 06 Dec 2010, 14:44 | Tags: Staff

Report to PAIS students on the 2009-2010 Teaching Evaluation Survey.

The Report to PAIS students on the 2009-2010 Teaching Evaluation Survey is now available.
Tue 05 Oct 2010, 13:44 | Tags: Staff Research

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