Crisis Bailouts, Public Infrastructure, and the Need for a National Investment Authority

Opportunity Overview

June 18, 2020; 3:00 pm- 4:00 pm EDT

This is a virtual event.

Per Cornell Law School, “The COVID-19 pandemic underscored the need for an effective institutional mechanism for mobilizing the nation’s financial and economic resources in response to systemic crises. Multi-trillion emergency relief and stimulus programs are at the center of the current crisis response, but their ultimate economic and political impact will depend greatly on the government’s ability to implement them efficiently and transparently. And, as we emerge from the pandemic, policymakers’ focus will need to shift to developing a national strategy of rebuilding the country’s crumbling public infrastructure and enhancing the long-term resilience of the U.S. economy. We need a strong institutional platform for managing this national recovery project.

Join Professor Omarova as she discusses a proposal to establish a National Investment Authority (NIA), an institutional platform for coordinating and facilitating the flow of public and private capital into productive enterprise, both in crisis times and beyond.”

Presenter:
Saule Omarova

Beth and Marc Goldberg Professor of Law, Cornell Law School
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