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Most recent commentaries on this topic
Culture and Society
Growth and Development
Mario I. Blejer is a former Governor of the Central Bank of Argentina.
BUENOS AIRES – The global financial crisis has raised fundamental questions regarding central banks’ mandates. Over the past few decades, mo…
BUENOS AIRES – Many observers have recently declared that the eurozone debt crisis is practically resolved, or at least on hold for a few ye…
BUENOS AIRES – A short-lived rumor recently suggested that the International Monetary Fund was putting together a €600 billion ($803 billion…
BUENOS AIRES – There are two ways to look at Greece’s majestically unsustainable sovereign-debt mountain. There is, first, a pragmatic and s…
BUENOS AIRES/WASHINGTON, DC – US President Barack Obama’s trip this month to Brazil, Chile, and El Salvador is a good opportunity to assess …
BUENOS AIRES – Today’s global currency war resembles real war in two important respects: a face-off over the structural imbalances between t…
BUENOS AIRES – Ever since World War II, the countries of Latin America have served as something of a currency laboratory. Across the region,…
BUENOS AIRES – The tensions between the eurozone’s north and south, and the complex and politically costly transfers of money required to da…
BARCELONA – The countries on the so-called “periphery” of the eurozone (Greece, Spain, Portugal, Ireland, and perhaps some others) need to c…
Following the Asian financial crises and its global repercussions, which included the collapse of fixed exchange rates in Russia and Brazil,…
The systems which work have independence, listen to the Sirens as you like but not when you are in control of a ship.
Mario offers an excellent account of what is happening; but the enormity of what is involved in effectively abandoning the inflation targeting framework needs to be fully taken on board. If we do reje…