INET and CIGI Have Announced the Projects and Research Programs to be Awarded Grants

23 Project Grants and Research Programs to be awarded over $3 Million through the Institute for New Economic Thinking and The Centre for International Governance Innovation Joint Spring 2011 Grant Program
By: The Institute for New Economic Thinking
 
June 9, 2011 - PRLog -- New York, NY, and Waterloo, ON -The Institute for New Economic Thinking (INET) and The Centre for International Governance Innovation (CIGI) today announced the selection of 23 Project Grants and Research Programs to be awarded grants through their joint Spring 2011 Grant Program.  In this cycle, INET and CIGI plan to award more than $3 million to support selected Project Grants and Research Programs over the next five years.

INET is an organization created to promote changes in economic theory and practice through conferences, grants, and education initiatives.  CIGI is an independent, nonpartisan think tank addressing international governance challenges, which has partnered with INET for these purposes.

In response to the inadequacy of existing economic knowledge, as revealed by the current financial crisis, the Grant Program has been designed to identify key areas in economics that require significant attention and support the research that addresses these gaps. The process of inviting proposals and awarding grants functions to highlight current priorities and nourish grantees’ development of new approaches in economic theory and practice.

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The Spring 2011 Grant Program funded proposals that focused on a range of topics:
•   Macroeconomics and Finance
•   Monetary and Financial Market Policy
•   Fiscal Policy
•   Political Economy
•   Economic History
•   History of Economic Thought
•   Historical Data Availability
•   Trends in Inequality in Emerging Markets
•   Microeconomic Assumptions

Selected projects offer a diversity of approaches and global perspectives that target critical issues that have been neglected by conventional economic analysis.

“As we look at the grant round in the spring of 2011, I can see a focus on financial instability, the instability of expectations, and the role of financial and monetary policy,” commented Dr. Robert Johnson, Executive Director of INET.  “In this cycle, we also received more grant proposals with researchers from emerging markets. It’s exciting to see that our messages and our programs are starting to spread throughout the world, increasing both the relevance and effectiveness of INET in addressing the challenges faced by our global economy. INET plans to extend its geographic reach and focus more on scholars in the emerging markets as time proceeds.”

“CIGI is proud to partner with INET to fund research into innovative solutions for the great economic challenges of the 21st century,” said CIGI Executive Director Thomas A. Bernes.

Spring 2011 Grant Program Details:

In the Spring 2011 Grant Program, over 400 proposals were reviewed by the research jury and narrowed down to 59 finalists from which 23 Project Grants and Research Programs were identified and approved by INET’s Governing Board.  The Governing Board is continuing to review additional Research Programs.

The entire field of Spring 2011 grant recipients comes from 15 different countries in North America, Europe, Asia, Australia, Latin America and the Middle East.

Grants to be Awarded:

For detailed information about the Project Grants, Research Programs, and grantees or for general information about the Grant Program, please visit the INET website.    

The 23 grants are listed below:

•   A Constructive Critique of Economic Modeling; Peter Spiegler, University of Massachusetts – Boston, USA

•   A Failure to Communicate? Central Bank Guidance in Good Times and Bad; Pierre Siklos, Wilfrid Laurier University, Canada

•   Advancing Imperfect Knowledge Economics; Roman Frydman, New York University, USA

•   An International Network on Expectational Coordination; Roger Guesnerie, Paris School of Economics, France (Additional team members participating in this project are located in Chile, China, Israel, Japan, the Netherlands, Spain, Switzerland, and the USA.)

•   Book on Turbulent Dynamics in Advanced Economies; Anwar Shaikh, New School for Social Research, USA

•   Creating a Global Systemic Risk Initiative; Peterson Institute for International Economics, USA

•   Development and Inequality: What can the “Asian” Experience Teach Us?; Vamsicharan Vakulabharanam, University of Hyderabad, India

•   Economic History Research Program, Joint Center for History and Economics, University of Cambridge and Harvard University, UK and USA

•   Economic Thinking and Buddhist Thinking; Ronald Wintrobe, University of Western Ontario, Canada

•   Emergency Preservation of Federal Bankruptcy Court Records, 1940-2000;  Mary Hansen, American University, USA

•   English Agricultural Markets and the State: The Corn Returns, 1685-1864; D’Maris Coffman, Newnham College, University of Cambridge, UK

•   Estimation of Stock Flow Consistent Models; Stephen Kinsella, University of Limerick, Ireland

•   Extending Monetary Macroeconomics and Developing a Dynamic Monetary Simulation Tool; Steve Keen, University of Western Sydney, Australia

•   Finance and the Welfare of Nations: The View from Economic History; Alan M. Taylor, University of California, Davis, USA

•   Hierarchy, Identity, and Collective Action; Rajiv Sethi, Barnard College, Columbia University, USA

•   New Tools in the Credit Network Modeling with Agents' Heterogeneity; Rosario Nunzio Mantegna, University of Palermo, Italy

•   Policy Implications of Darwinian Versus Newtonian Views of the Economy; Kenneth Carlaw, University of British Columbia, Canada

•   Protocols of War and the Driving Force of Modeling Strategy; Judy Klein, Mary Baldwin College, USA

•   Reorienting Fiscal Policy: A Bottom Up Approach; Pavlina Tcherneva, Franklin & Marshall College, USA

•   Spillovers to Slavery: The Long and Short Run Economic Impacts of Slavery in the USA; Jeremiah Dittmar, American University, USA

•   The Political Economy of the New “Fiscalism”; Mario Seccareccia, University of Ottawa, Canada

•   Understanding Finance’s Potential for Growth and for Crisis; Dirk Bezemer, University of Groningen, Netherlands

•   Understanding Macroeconomic Fragility; Harald Uhlig, University of Chicago, USA

INET MEDIA CONTACT:
Rick Keating, Keating & Co.
Tel: 212.925.6900 or 917.767.2400, Email: rkeating@keatingco.com

CIGI MEDIA CONTACT:
Declan Kelly, Communications Specialist, CIGI
Tel: 519.885.2444, ext. 356, Email: dkelly@cigionline.org

About the Institute for New Economic Thinking:
INET is dedicated to empowering and supporting the next generation of economists and scholars in related fields through Project Grants, Research Programs, academic partnerships, and conferences.  INET embraces the professional responsibility to think beyond current paradigms.  Ultimately, INET is committed to broadening and accelerating the development of innovative thinking that can lead to insights into and solutions for the great challenges of the 21st century and return economics to its core mission of guiding and protecting society.  INET was launched in October 2009 with a $50 million commitment from George Soros and is supported by individuals and organizations dedicated to the advancement of new economic thinking.  For more information please visit http://www.ineteconomics.org/

About The Centre for International Governance Innovation:
CIGI is an independent, nonpartisan think tank on international governance. Led by experienced practitioners and distinguished academics, CIGI supports research, forms networks, advances policy debate and generates ideas for multilateral governance improvements. Conducting an active agenda of research, events and publications, CIGI’s interdisciplinary work includes collaboration with policy, business and academic communities around the world. CIGI was founded in 2001 by Jim Balsillie, co-CEO of RIM (Research In Motion), and collaborates with and gratefully acknowledges support from a number of strategic partners, in particular the Government of Canada and the Government of Ontario. For more information, please visit www.cigionline.org.

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INET is committed to broadening and accelerating the development of innovative thinking that can lead to insights into and solutions for the great challenges of the 21st century and return economics to its core mission of guiding and protecting society.
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Source:The Institute for New Economic Thinking
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