Tuesday, September 2, 2014

Barry Eichengreen

Barry Eichengreen is Professor of Economics and Political Science at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund. His most recent book is Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System.

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BRICS leaders 2014
Business & Finance 3

Banking on the BRICS

For the leaders of the BRICS countries, the announcement in July of their agreement to establish a “New Development Bank” and a “Contingent Reserve Arrangement” was a public-relations coup. The NDB… read more

Jeremy Stein
Business & Finance 2

Leaners of Last Resort

With Jeremy Stein’s return to his academic post at Harvard at the end of May, the US Federal Reserve Board lost its leading proponent of the view that monetary policy should be used to lean against… read more

Newsart for Europe’s Crisis Treadmill
Economics 3

Europe’s Crisis Treadmill

The supposed experts who predicted the imminent disintegration of the eurozone have been proved wrong. But it is equally likely that those now declaring that the crisis is over will be proved wrong… read more

Newsart for Losing Interest
Business & Finance 13

Losing Interest

Two of the world’s most prominent economic institutions, the IMF and Larry Summers, recently warned that the global economy may be facing an extended period of low interest rates. Why is that a bad… read more

Newsart for Yuan Dive?
World Affairs 0

Yuan Dive?

Since December, when the US Federal Reserve began tapering its monthly purchases of long-term assets, emerging-market currencies have fallen across the board, with the Chinese renminbi recently… read more

Newsart for The ECB’s Bridge Too Far
Business & Finance 3

The ECB’s Bridge Too Far

Is Europe’s economic crisis mutating once again? If debt fears are now being superseded by the danger of deflation, as recent data suggest, the European Central Bank has its work cut out for it – and … read more

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