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Howard Davies

Howard Davies

Writing for PS since 2009
88 commentaries

Howard Davies, the first chairman of the United Kingdom’s Financial Services Authority (1997-2003), is Chairman of NatWest Group. He was Director of the London School of Economics (2003-11) and served as Deputy Governor of the Bank of England and Director-General of the Confederation of British Industry.

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  1. Are Global Capital Rules Possible?
    davies89_Liu JieXinhua via Getty Images_michaelbarr Liu Jie/Xinhua via Getty Images

    Are Global Capital Rules Possible?

    Mar 29, 2024 Howard Davies thinks major Western jurisdictions' institutional differences could sink standardization efforts.

  2. Where It Pays to Be a Banker
    davies88_Michael M. SantiagoGetty Images_jpmorgan Michael M. Santiago/Getty Images

    Where It Pays to Be a Banker

    Jan 5, 2024 Howard Davies maps the growing divergence of tax and regulatory policies in America, Europe, and the United Kingdom.

  3. We Need to Talk About Bank Supervision
    davies87_Justin SullivanGetty Images_svb Justin Sullivan/Getty Images

    We Need to Talk About Bank Supervision

    Sep 22, 2023 Howard Davies thinks the renewed debate over commercial bank capital requirements largely misses the point.

  4. Buffer Madness
    davies86_SérgioGarciaYourImage forECB_gopinath Sérgio Garcia/Your Image for ECB

    Buffer Madness

    Jul 14, 2023 Howard Davies questions the merits of increasing banks' capital as a way to ensure financial stability.

  5. America’s Financial Regulatory System Is Still Broken
    davies85_ Justin SullivanGetty Images_sanfranciscofed Justin Sullivan/Getty Images

    America’s Financial Regulatory System Is Still Broken

    Mar 22, 2023 Howard Davies laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings.

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  1. tharoor190_R. SATISH BABUAFP via Getty Images_india elections R. SATISH BABU/AFP via Getty Images

    Might Modi Lose?

    Shashi Tharoor predicts that the ruling Bharatiya Janata Party will perform worse than expected in India’s general election.
  2. sierakowski108_Steffen KuglerBundesregierung via Getty Images_tuskscholzmacron Steffen Kugler/Bundesregierung via Getty Images

    The European Union’s New Triumvirate

    Sławomir Sierakowski sees France, Germany, and Poland setting a new strategic course for the bloc.
  3. bardhan12_ TAUSEEF MUSTAFAAFP via Getty Images_bjp TAUSEEF MUSTAFA/AFP via Getty Images

    The Popular Decimation of India’s Democracy

    Pranab Bardhan examines the shrewd tactics and false narratives that underpin broad support for Prime Minister Narendra Modi.
  4. posner32_Getty Images_contract Getty Images

    Why Non-Compete Clauses Should Be Banned

    Eric Posner explains why the arguments in favor of legally binding employees to firms ultimately fall flat.
  5. op_drchowdhury1_ IDREES MOHAMMEDAFP via Getty Images_modiindiaelection Idrees Mohammed/AFP via Getty Images

    India’s Despotic Election

    Debasish Roy Chowdhury

    For the past decade, Indian Prime Minister Narendra Modi has been eroding civil liberties and minority rights, curtailing dissent, undermining democratic institutions, and building a cult of personality. The ongoing national election must be understood in this context.

    explains how Prime Minister Narendra Modi has eroded democratic safeguards and stacked the deck in his favor.
  6. klee19_Gerhard JorenLightRocket via Getty Images_hyundaimanufacturing Gerhard Joren/LightRocket via Getty Images

    What Fiscally Sound Industrial Policy Can Do

    Keun Lee highlights three tools that can support domestic-market growth and development without breaking the bank.
  7. boskin94_Elijah NouvelageGetty Images_voting ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

    Why Voters Are Unhappy About the Biden Economy

    Michael J. Boskin explains why Americans do not share the White House’s rosy assessment of its economic track record.
  8. ginsberg1_Tayfun CoskunAnadolu Agency via Getty Images_january6journalistviolence Tayfun Coskun/Anadolu Agency via Getty Images

    Our Freedoms Depend on Press Freedom

    Jodie Ginsberg warns that the increased targeting of journalists and the media is a key indicator of democratic erosion.
  9. balasegaram2_JOHN WESSELSAFP via Getty Images_africaflood John Wessels/AFP via Getty Images

    Climate Change Is a Worse Health Threat Than We Think

    Manica Balasegaram warns that the world is underestimating the extent to which global warming will fuel antimicrobial resistance.

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