AUTHOR'S BIO
Jonathan D. Ostry
Jonathan Ostry is Deputy Director of the IMF's Research Department.
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Instability from Rigidity
Simon Johnson and Jonathan D. Ostry Series: Frontiers of Growth 2008-01-30Everyone wants economic stability, and many are reluctant to abandon today what gave them stability yesterday. But the stability of the international financial system today depends on the willingness of countries with rigid exchange rates to allow greater flexibility.... read Comments: 0 Recommended: 0 Read: 39137 -
Surviving the Great Capital Flood
Simon Johnson and Jonathan D. Ostry Series: Frontiers of Growth 2007-10-09Despite recent financial market turbulence, the underlying dynamic of the world economy remains essentially unchanged. The big issue is not how to deal with a downturn, but rather how to sustain today’s global boom and the capital flows that go with it.... read Comments: 1 Recommended: 0 Read: 21333

