Martin N. Baily, Chairman of the US President’s Council of Economic Advisers under Bill Clinton, is Bernard L. Schwartz Chair in Economic Policy Development at the Brookings Institution.
Martin N. Baily, Chairman of the US President’s Council of Economic Advisers under Bill Clinton, is Bernard L. Schwartz Chair in Economic Policy Development at the Brookings Institution.
WASHINGTON, DC – For three decades, financial globalization had seemed inevitable. New information technologies made it possible to conduct …
WASHINGTON, DC – Once upon a time, ambitious young people with a knack for math and science went to work in manufacturing. They designed pla…
Financial Globalization in Reverse?
C. Jayant Praharaj: Equities and bonds can constitute very unstable cross-border capital flows, unlike what the author seems to be implying.
Financial Globalization in Reverse?
Robert Pringle: The authors identify the central issue facing the world today and some of their policy recommendations are well taken. However, it is a mistake to look to the current Basel process/bank resolution/mac…