January 31, 2017, 14:00-16:00  Venue:CIGS Meeting Room3

Professor Jay K. Rosengard Seminar "Dream or Delusion? The Promises and Pitfalls of Trumpenomics"

The Canon Institute for Global Studies (CIGS) hosted a seminar on January 31, 2017 inviting Professor Jay K. Rosengard from Harvard Kennedy School.

170131_Rosengard_photo.JPG 170131_Kurihara_photo.JPG 170131_Zenkei_photo.JPG
(Prof. Rosengard, Mr. Kurihara from the left)

Seminar outline
Title: "Dream or Delusion? The Promises and Pitfalls of Trumpenomics"
Speaker: Jay K. Rosengard, Professor, Harvard Kennedy School
Moderator: Jun Kurihara, Research Director, CIGS


Presentation by Professor RosengardPDF:2,501KB

Summary of speech and Q&A
Summary of speechPDF:829KB
Summary of Q&APDF:254KB

Abstract of the Speech
Donald Trump has vowed to "Make America Great Again" by vigorously implementing Trumpenomics, a combination of: 1) substantial tax cuts for all taxpayers; 2) significant spending increases on national defense, border security, and domestic infrastructure; and 3) widespread government deregulation. Is this vision a dream or a delusion? What are the promised gains from Trumpenomics and what are the threats to realizing these benefits? Prof. Rosengard will place Trumpeconomics in the context of America's current political economy and explore the prospects for its success.

Speaker's profile
Jay K. Rosengard, Lecturer in Public Policy at the Harvard Kennedy School, has forty years of international experience designing, implementing, and evaluating development policies in public finance and fiscal strategy, tax and budget reform, municipal finance and management, intergovernmental fiscal relations, banking and financial institutions development, financial inclusion, micro, small, and medium enterprise (MSME) finance, mobile banking, and public administration. He has worked for a wide variety of multilateral and bilateral donors, as well as directly for host governments and private sector clients. Rosengard is Director of the Mossavar-Rahmani Center for Business and Government's Financial Sector Program, which focuses on the development of bank and nonbank financial institutions and alternative financing instruments. This includes microfinance (small-scale lending and local savings mobilization), mainstream commercial banking (general and special-purpose banks), and wholesale financial intermediation (municipal development funds, venture capital funds, pooled financing, secondary mortgage facilities, and securitization). In addition, Rosengard is a Faculty Affiliate of both the Ash Center for Democratic Governance and Innovation and the Center for International Development. At the Ash Center, he is Senor Adviser of the Rajawali Foundation Institute for Asia and Faculty Chair of the HKS Indonesia Program. He also serves as Faculty Chair of four executive programs: FIPED (Financial Institutions for Private Enterprise Development), which focuses on sustainable and effective MSME finance; ComTax (Comparative Tax Policy and Administration), which addresses key strategic and tactical issues in tax design and implementation; VELP (Vietnam Executive Leadership Program), which is an innovative policy dialogue with senior Vietnamese leadership; and Transformasi (Leadership Transformation in Indonesia), which is designed to assist Indonesia in its decentralization initiatives.