INTERNATIONAL ECONOMICS
Mapping the Market
Jeffrey Frankel
Are currency wars inevitable, given the dollar’s decline? Can today’s booming emerging markets effectively save for a rainy day – or are they already saving too much? What should governments do when world markets threaten their citizens’ living standards? What can small countries teach big countries?
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Obama’s Recovery?
Jeffrey Frankel Series: Mapping the Market 2012-02-17CAMBRIDGE – With November’s election in the United States fast approaching, the Republican candidates seeking to challenge President Barack Obama claim that his policies have done nothing to support recovery from the recession that he inherited in January 2009. If anything, they claim, his fiscal stimulus, the bank bailouts, and US Federal Reserve Chairman Ben Bernanke’s aggressive monetary policy made matters worse.... read Comments: 0 Recommended: 0 Read: 10579 -
Will Emerging Markets Fall in 2012?
Jeffrey Frankel Series: Mapping the Market 2012-01-20
While emerging markets have far outperformed industrialized countries in recent years, many investors are concerned that these countries could be due for a fall in 2012, triggered by Europe’s woes or a hard landing in China. The timing of emerging-market crises suggests that they might be right to worry.... read Comments: 4 Recommended: 1 Read: 32705 -
Escaping the Oil Curse
Jeffrey Frankel Series: Mapping the Market 2011-12-09Economists and other development specialists know why oil riches so often turn out to be a curse for countries. But they also know that political leaders have free will, and that countries can choose to use their resource bonanzas for the long-term economic advancement of their peoples.... read Comments: 1 Recommended: 0 Read: 23057 -
The Hour of the Technocrats
Jeffrey Frankel Series: Mapping the Market 2011-11-25
Greece and Italy, desperate after their gridlocked political systems left them mired in debt and crisis, have both chosen technocratic economists rather than politicians to lead new governments. It is not a lack of political ability that will stymie them, but rather a lack of political power.... read Comments: 5 Recommended: 0 Read: 15386 -
Barrels, Bushels, and Bonds
Jeffrey Frankel Series: Mapping the Market 2011-10-17Commodity-exporting countries have been booming in recent years, but they are highly vulnerable to a sudden plunge in dollar prices, as a result of a new recession, an increase in US real interest rates, fluctuations in climate, or random sector-specific factors. Commodity bonds may offer a neat way to circumvent these risks.... read Comments: 2 Recommended: 0 Read: 17126 -
Can Food Prices Be Stabilized?
Jeffrey Frankel Series: The New Global Economy 2011-06-27
Under French President Nicolas Sarkozy’s leadership, the G-20 has made addressing food-price volatility a top priority, with member states’ agriculture ministers meeting recently in Paris to come up with solutions. But the G-20 should steer clear of policies that have been shown to do more harm than good.... read Comments: 3 Recommended: 0 Read: 20709 -
Who Should Lead the IMF?
Jeffrey Frankel Series: The New Global Economy 2011-05-27Every time the IMF awaits a new managing director, critics complain that it is past time for the appointee to come from an emerging-market country. But only if emerging-market countries unite behind a single candidate will they have a shot at securing the post.... read Comments: 2 Recommended: 0 Read: 21165 -
South Korea in the G-20 Spotlight
Jeffrey Frankel Series: Frontiers of Growth 2010-11-02
South Korea views its role as host of November's G-20 summit as another opportunity to mark its arrival on the world stage. But it should make more of its opportunity than this, and instead exercise substantive leadership.... read Comments: 2 Recommended: 0 Read: 13837 -
Big Ideas from Small Countries
Jeffrey Frankel Series: Frontiers of Growth 2010-10-21Once upon a time, Japanese capitalism was the model of economic success that other countries should and would emulate – a role subsequently filled by the US. With American-style capitalism now attracting few takers, perhaps countries should look for new models on the periphery of the world economy.... read Comments: 0 Recommended: 1 Read: 26044
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