Milken Institute
Showing 1696–1710 of 2096 transcripts.
- 57 min
A Conversation With Ken Griffin and Mohamed El-Erian
Ken Griffin, Mohamed El-Erian, Gerry Baker
Panelists Mohamed El-Erian and Ken Griffin analyze a global economy defined by divergent monetary policies and structural stagnation, where the Federal Reserve normalizes rates while other major central banks maintain liquidity. Despite suppressed inflation and robust asset prices driven by state-level reforms, experts warn that prolonged artificial pricing and geopolitical instability in regions like the Middle East and Eurozone threaten long-term financial stability. Both speakers remain optimistic that technological advancements and the democratization of capital will eventually overcome political gridlock to reignite productivity and entrepreneurship.
- 59 min
Great Ambition: Islamic Finance Goes Global
Matthew Reese, Sean Marion, Chiron Makhzani, Mohamed Ahmed Al-Kajah, Yasser Al-Alawi, Kelly Core, Adele Nazarian
The Islamic finance sector, projected to grow double-digits annually, is transitioning from retail products to institutional dominance driven by a global Muslim population increase and a specific $1.5 to $2 trillion asset base concentrated in Sharia-compliant banking and Sukuk issuance. While hubs like Malaysia and Bahrain pioneer regulatory frameworks and infrastructure financing, the market faces significant friction from high compliance costs, shallow liquidity outside key regions, and the scarcity of qualified scholars needed to certify asset-backed structures. Looking forward, the industry aims to establish itself as a global asset class within five to six years through standardized regulations, tax neutrality reforms in major financial centers, and the strategic deployment of capital into long-term infrastructure projects across Asia and Africa.
- 50 min
Asia Under New Management: Gambling on Regime Change
Haslinda Amin, Manu Bhaskaran, Curtis Chin, Charon Wardini bin Mokhzani, Atsi Sheth
A panel of experts analyzed the critical interplay between leadership quality, geopolitical assertiveness, and economic heterogeneity shaping investment prospects across Asia. They highlighted specific challenges for leaders like Indonesia's Joko Widodo and India's Narendra Modi while warning that regional instability driven by sectarianism and inequality poses significant risks to long-term growth. Despite these hurdles, the discussion identified Southeast Asia's high capital returns and a strategic pivot toward domestic infrastructure financing as key opportunities for investors adopting a long-term, localized approach.
- 55 min
Asia Summit 2014 - Lunch Program: China Today and Tomorrow (Chinese Version)
Laura Deal Lacey, Yang Yanqing, Liang Xinjun, Shen Dingli, Zheng Yongnian
Hosted by moderator Yang Yanqing, the "China's Today and Tomorrow" lunch forum featured Shanghai experts Liang Xinjun, Shen Dingli, and Zheng Wunian discussing the nation's macroeconomic contradictions, specifically the tension between its PPP dominance and middle-income per capita status. The speakers analyzed critical financial adjustments, noting the People's Bank of China's strategy to lower interest rates via PSL operations while managing a 240% debt-to-GDP ratio through central government asset backing. Looking toward 2020, the panel outlined a strategic pivot where China transitions from a manufacturing hub to a global exporter of technology and defense systems, aiming to share regional leadership with India while cultivating a dominant middle-class consumer base.
- 1h 5m
Words That Work: It's Not What You Say, It's What People Hear (II)
Frank Luntz, Skip Reimer, Jim Gray, Bob Shapiro, Eric Schmidt Jr., John McWhorter, Priscilla Burton, Charlie Stokes
A prominent business leader outlines a strategic shift from traditional corporate branding to building trust through emotional connection and value-aligned language, citing record-low public confidence in CEOs and corporations. The presentation details specific linguistic reframing tactics, such as replacing "CEO" with "Business Leader" and "capitalism" with "economic freedom," to align with public priorities like peace of mind and stability. Ultimately, the speaker argues that future business success depends on adopting "hardworking taxpayer" messaging, prioritizing tangible results over abstract metrics, and addressing deep-seated societal fears regarding financial security.
- 1h 17m
How the Poor Can Save Capitalism: Rebuilding the Path to the Middle Class
John Hope Bryant, Paul Irving, Skip Reimer
John Hope Bryant challenges the traditional focus on political rights by defining poverty as a "disabling frame of mind" and advocating for financial literacy as the primary tool for economic empowerment. His newly launched Project 5117 aims to deploy 1,000 "Hope Inside" locations to provide financial counseling, entrepreneurship training, and job placements, with the specific goal of raising 700,000 individuals' credit scores into the mainstream banking range by 2020. By positioning financial education as a civil right and mobilizing corporate CEOs to hire students through the "B-minus business compact," Bryant seeks to transform the psychological state of despair into a catalyst for creating one million new startups annually.
- 33 min
Best-Performing Cities Index 2014 - Press Conference
Ross Duvall, Jim, Manoli Ratacunga, Armin Bedrosian, David Klesch, Kish Rajan, Larry
The 2014 Milken Institute Metro Index identified San Francisco as the top U.S. economic performer, driven by a technology sector that accounts for 45% of metro job growth and offers average wages of $160,000. While five Texas metros and cities like Provo, Utah, also ranked highly due to energy and job creation, the report noted that U.S. employment has fully recovered from the recession alongside a historic surge in oil production. Mayor Ed Lee responded by outlining aggressive strategies to expand the local economy through housing initiatives targeting 30,000 new units and diversifying sectors beyond technology to include biotech and manufacturing.
- 1h 13m
MI Forum: Hall of Mirrors
Barry Eichengreen, Michael Hiltzik, Skip Reimer
Economist Barry Eichengreen joined Michael Hiltzik at the Milken Institute's January 2015 forum to analyze historical parallels between the Great Depression and the 2008 financial crisis in a discussion of his book *Hall of Mirrors*. Eichengreen argued that the Euro's structural flaws and the Federal Reserve's past policy errors, including the Lehman Brothers failure, created systemic vulnerabilities that Keynesian fiscal intervention successfully averted during previous depressions. The session concluded with warnings that prioritizing short-term stability over long-term structural reform risks precipitating a future financial collapse within the next eighty years.
- 1h 16m
The Water Challenge: Doing More with Less
Rodney Smith, Sanjay Gaur, Susan Leal, Andy Lipkus, Frances Phoebe Weber, Karen Ross, Moss, Carolyn Jungermann Bennett, Sanjeev, John McDonald Jr., Alec, Jim McDaniel, Marine Stapleton
An upcoming December event in Sacramento will convene Australian water authorities and technology firms to share critical lessons from Australia's decade-long "sea change" in water management with California stakeholders. The presentation aims to address the state's transition to a high-risk hydrologic environment by discussing integrated solutions for agricultural adaptation, groundwater regulation, and urban conservation technologies like direct potable reuse. Participants will examine how market mechanisms and infrastructure investments, such as the Bay Delta Conservation Plan, can bolster resilience against escalating water volatility without relying on single silver-bullet solutions.
- 1h 16m
Energy: Powering the Green Economy
Lindsay, Dennis Areola, Andrew McAllister, Nahar Patel, Nancy Fund, Daryl Steinberg, Daryl Obert
California leaders and private sector experts convened to address the state's mandate to cut transportation emissions by integrating aggressive vehicle electrification targets with long-term hydrogen and natural gas strategies. The discussion highlighted the critical role of public-private partnerships, such as the joint funding of hydrogen infrastructure, alongside policy instruments like SB 375 that link land use planning to emission reductions. Furthermore, the dialogue emphasized the necessity of workforce development programs and utility market reforms to ensure the economic viability and scalability of these clean energy transitions.
- 1h 15m
Training the 21st Century Workforce: Strong Skills for Great Jobs
Jody Miller, Darrell Huntley, Maria Clave, Perry Wong, Gray Davis, Joseph Castro
Amidst a critical retention crisis where half of Boeing's workforce is nearing retirement, industry leaders and policymakers are rallying to address severe shortages in engineering and computer science talent. The event highlights a multi-pronged strategy combining educational reform at the K-12 level, public-private funding partnerships like those established by Fresno State, and visa reforms to retain foreign experts. Experts argue that closing this skills gap through targeted curriculum changes and diverse recruitment is essential to maintaining California's economic dominance and preventing the displacement of high-value jobs to other nations.
- 1h 14m
The High Cost of the California Dream
Matt Miller, Roxana Tynan, Joel Singer, Antonio Villaraigosa, Rudy Espinoza, Louis Feldman, Aliza Carney-Gurin, Mark Stagan, Dan Hamilton, Eve Chair, Michael Banner
Hosted by Matt Miller at the Milken Institute, a panel of civic leaders including Antonio Villaraigosa and Joel Singer analyzed the stagnating wages and soaring costs of housing, healthcare, and education that are eroding California's middle class. The discussion identified outdated zoning laws and NIMBYism as primary drivers of an affordability crisis while proposing solutions such as density bonuses, pension restructuring, and micro-equity investments to spur entrepreneurship. Ultimately, the panelists argued that reversing the state's talent drain requires a combination of regulatory reform, higher wages, and inclusive immigration policies to restore economic competitiveness.
- 58 min
California the Pioneer: Blazing the Trail of Innovation
Michal Levram, Gil Elbaz, David Koenig, Brett Johnson, Peter Marks
Moderated by Fortune's Michal Levram, a panel comprising leaders from SpaceX, Factual, Control Group, and the City of Los Angeles examined California's innovation ecosystem, emphasizing the tension between radical technological ambitions and the practical challenges of talent retention, cybersecurity, and high living costs. The discussion highlighted how data-driven cultures, public-private collaborations, and manufacturing advantages are driving a hardware revival in Los Angeles despite significant brain drain to Silicon Valley and urgent STEM workforce shortages. Looking forward, the experts predicted that ubiquitous connectivity and autonomous vehicles will fundamentally reshape society, provided policymakers address digital divides and streamline regulations to maintain the region's competitive edge.
- 1h 7m
Bettering California's Business Climate
Mike Cloughton, Mike Milken, Scott Minard, Kevin DeLeon, Sharon, Troy
Hosted by the Milken Institute, the California Summit convened key policymakers and investors to address the state's economic trajectory, demographic shifts, and innovation capacity. Leaders such as Scott Minard, Senator Kevin de León, and Troy Carter debated strategies to leverage California's upgraded credit rating for massive infrastructure bonds, reform the film tax credit system, and resolve funding disparities for women-led bioscience firms. The event concluded with a consensus that the state must reduce regulatory friction and lower marginal tax rates to retain global talent and sustain growth in critical sectors like technology and healthcare.
- 1h 9m
Bay to Basin: Cities Make a Comeback
Mindy Silverstein, Scott Miner, Kevin Clouden, Austin Buechner, William Rusty Bailey, Dale Bonner, Jim Wunderman, Carol Armstrong
The Milken Institute is broadening its global initiatives while leveraging its California Center to drive policy changes in government efficiency and small business capital access. A recent summit highlighted the critical need for reauthorizing public-private partnership statutes to unlock $42 billion in infrastructure investment, focusing on regional waterways, transportation, and climate resilience. Panelists from major institutions and local governments identified fragmented governance as a primary barrier to execution, calling for centralized regional leaders to manage complex long-cycle projects and mitigate catastrophic flood risks.