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SVB, Banking Risks, and the Economy

Registration is required for in-person attendance for Princeton University ID holders and invited guests. Livestream open to the public. The Silicon Valley Bank (SVB) failure came as a surprise to many economic observers and triggered a chain of events that revealed broader risks in the banking sector and the economy. SVB was among several U.S. financial institutions including Silvergate, Signature, First Republic that were shuttered by federal regulators within days of each other. All this was quickly followed by the demise of Credit Suisse, a major international bank. What does this episode reveal about the risks within the banking sector and potential risks to global financial stability? Join us for a panel with three distinguished Princeton scholars to discuss what happened, the policy responses, and longer-term economic impacts. Speakers Pallavi Gogoi is a Visiting Lecturer in the Humanities Council and Ferris Professor of Journalism at Princeton University. She is managing editor

Umud Shokri - Jamestown

Dr. Umud Shokri is a Washington-based energy diplomacy and energy security analyst, and an analyst at Gulf State Analytics (GSA), currently serving as a Visiting Research Scholar in the Schar School of Policy and Government at George Mason University. He holds a PhD in International Relations.  Follow him at @ushukrik, https://uskenergy.com/.

James Loxton | The Puzzle of Panamanian Exceptionalism

In the three decades since the U.S. invasion that overthrew the dictatorship of General Manuel Noriega, Panama has undergone a remarkable transformation. It has remained a stable democracy in an age of democratic backsliding, and its economy has grown faster than that of any other country in Latin America. It is today one of the richest countries in the region and is considered by the UN to be a case of “very high” human development. These accomplishments have not only received little outside attention, but have also occurred in ways that defy conventional wisdom about democratization and economic development in startling ways. This talk examines Panama’s rise and highlights four especially puzzling features: 1) it is a rare case of democratization by military invasion; 2) it is home to an extremely unlikely case of authoritarian successor party regeneration; 3) it is a standout instance of effective resource management by a state-owned enterprise; and 4) it has achieved rapid ec

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