EventsJan23 Summer Internship Information Session 5:00pm - 6:00pmLocation: Jon M. Huntsman Hall, G65Interested in public service and in getting a closer look at how government policy gets made? Wharton PPI, Career Services, Penn in Washington, and the PPI Student Group will co-sponsor a panel discussion on how to find, apply for, and fund a summer internship in Washington, DC. In addition to offering advice from Penn staff, the panel will feature student speakers who will share their experiences as DC interns.
January 21 After TPP: Challenges for United States-ASEAN Relations
At a press conference in 2016, President Obama remarked, “The United States and ASEAN [the Association of Southeast Asian Nations] have forged a strategic partnership guided by key principles, including that ASEAN will remain central to peace, prosperity and progress in the Asia Pacific.” However, the U.S.-ASEAN partnership faces several emergent challenges, including disruptions in trade policy, adjustments in major economies, US withdrawal from the Trans-Pacific Partnership (TPP), Chinese territorial expansion, and a lack of organizational unity and infrastructure. This article will provide a history of the U.S. relationship with the ASEAN, an overview of the various problems faced by the partnership, and recommended policy responses to ensure continuing United States and Southeast Asian economic development and prosperity.
January 18 President Trump makes efforts to revive infrastructure initiatives
A proposal from the Trump administration could raise out-of-pocket costs for healthcare costs; Trump attempts to revitalize infrastructure improvement plans; Consumer sentiments drop sharply in January.
January 17 The Beginning of the End of Britain’s Brexit Fantasy
In the wake of Teresa May’s catastrophic Brexit defeat, Wharton Professor Mauro Guillen reflects on the lessons to be learned from the ordeal. First, departure from major trade organizations is not only difficult but also often unfavorable especially when geographic proximity compromise Europe-dependent industries that are central to the British economy.
January 17 Can Trump Fire Powell? Only Custom Stands in his Way.
In this Bloomberg article, Wharton Professor Peter Conti-Brown is featured in the discussion of whether President Trump has the authority to fire Federal Reserve Chair Jerome Powell. Because of the lack of clarity in the United States Constitution, the Federal Reserve has been treated as an organization that “rests on custom and tradition rather than bedrock law.” Henceforth, there has not been any judicial policies enacted regarding the President and the Federal Reserve.
January 16 Could the Government Shutdown Affect IPOs?
In this Knowledge@Wharton Podcast, Wharton Professor David Zaring highlights the impact of the current government shutdown on IPOs. Unlike previous government shutdowns, Zaring indicates that the Securities and Exchange Commission does not have access to funds that would allow the organization to remain in operation. With a closed SEC, Zaring implies that some companies may have to wait for their respective Initial Public Offerings(IPOs). Furthermore, Zaring emphasizes that the government shutdown also negatively affects investors who have placed funds into certain startups.