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Jonathan D. Ostry

Jonathan D. Ostry

2 commentaries

Jonathan D. Ostry is Deputy Director of the IMF's Research Department. His most recent book is Taming the Tide of Capital Flows.

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  3. tyson93_Joe RaedleGetty Images_uscoronavirusunemployment Joe Raedle/Getty Images

    America’s Dual Recession

    Laura Tyson & Lenny Mendonca

    Before COVID-19 shut down entire sectors of the US economy, the US workforce was becoming increasingly polarized along educational, racial, and geographic lines. Now, those trends have been accelerating, underscoring the need for a smart, worker-focused policy response.

     worry that the pandemic is further polarizing the US labor market and the broader economy.
    1
  6. eichengreen144_Tetra ImagesGetty Images_eurodollar Tetra Images/Getty Images

    Dollar Sensationalism

    Barry Eichengreen

    The dollar’s fall in July to a two-year low against the euro was the catalyst for sensational headlines shouting that the dollar would soon meet its doom. But too much should not be read into the dollar's recent moves, which reflect readily explicable fluctuations, not the greenback's terminal decline.

     rebuts the idea that the dollar's recent weakening means that the global greenback has entered terminal decline.
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  9. sierakowski57_ SERGEI GAPONAFP via Getty Images_belaruselectionprotest Sergei Gapon/AFP via Getty Images

    The Struggle for Belarus

    Sławomir Sierakowski

    As has long been anticipated, Belarus's president, Alexander Lukashenko, has promptly declared victory in an election marred, as usual during Lukashenko's 26-year rule, by widespread fraud and vote rigging. But this time, the opposition is organized, widely supported, and not going home.

     reports from Minsk, where peaceful protests against a fraudulent presidential election are underway.

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