In this presentation to the Estonian Development Fund, Monitor co-founder Joseph Fuller explains the necessary elements for nations working on a vision for economic development drawing on his experience working with more than 35 countries creating national and regional economic strategies.

On Wall Street, bankers continue to speculate about a government role in their future compensation. Although policymakers shelved the issue during the health care showdown in the United States and the Greek debt crisis in Europe, that suspension is likely to be temporary. Seldom have the heads of the world’s leading economies demonstrated such unanimity of opinion on a controversy. President Obama expressed disgust over bankers’ bonuses. In London, City Minister Paul Myners, called “grotesque” the news that 5,000 London bankers would receive bonuses of 1 million pounds.  French President Nicolas Sarkozy received widespread applause at Davos when he stated that pay packages that “bear no relationship to merit” are “morally indefensible.” The scrutiny and torrent of criticism is bound to reemerge, as New York officials reported that Wall Street bonuses grew 17 percent in 2009 to surpass $20 billion. Rarely has any economic issue been better suited to populist political rhetoric.

The Journal of Applied Corporate Finance has republished a 2002 article “Just Say No to Wall Street: Putting a Stop to the Earnings Game,” by Monitor's Joseph Fuller and Michael Jensen of Harvard Business School. The article argues that CEOs should manage expectations "in such a way that their stocks trade reasonably close to their intrinsic value. In place of earnings forecasts, management should provide information about the company’s strategic goals and main value drivers. They should also discuss the risks associated with the strategies, and management’s plans to deal with them."

In this essay for Bloomberg BusinessWeek, Monitor co-founder Joseph Fuller argues that leading Korean corporations, after weathering the economic downturn well, need fresh thinking to move ahead in the global economy.

In a panel discussion organized by the Journal of Applied Corporate Finance, Monitor co-founder Joseph Fuller and other experts talk about ways that pharmaceutical companies can change their business models, financing structures, corporate governance models and incentive systems to build sustainable, profitable futures.