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Kenneth Rogoff

Kenneth Rogoff

Writing for PS since 2002
245 commentaries
1 videos & podcasts

Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University and recipient of the 2011 Deutsche Bank Prize in Financial Economics, was the chief economist of the International Monetary Fund from 2001 to 2003. He is co-author of This Time is Different: Eight Centuries of Financial Folly (Princeton University Press, 2011) and author of The Curse of Cash (Princeton University Press, 2016).

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  1. The Global Economy Is Not Out of the Woods
    rogoff244_Carl CourtGetty Images_global economy Carl Court/Getty Images

    The Global Economy Is Not Out of the Woods

    Jan 3, 2024 Kenneth Rogoff warns that monetary tightening and fiscal deficits could undermine the post-pandemic recovery.

  2. Higher Interest Rates Are Here to Stay
    rogoff243_Michael M. SantiagoGetty Images_interest Michael M. Santiago/Getty Images

    Higher Interest Rates Are Here to Stay

    Dec 5, 2023 Kenneth Rogoff thinks that policymakers and economists must reassess their beliefs in light of current market realities.

  3. The Stunning Resilience of Emerging Markets
    rogoff242_Umit Turhan CoskunNurPhoto via Getty Images_turkey economy Umit Turhan Coskun/NurPhoto via Getty Images

    The Stunning Resilience of Emerging Markets

    Oct 31, 2023 Kenneth Rogoff explains how the world’s serial defaulters have become bastions of economic stability.

  4. The Bank of Japan’s Seductive Widow-Maker Trade
    rogoff241_RICHARD A. BROOKSAFP via Getty Images_kazuoueda Richard A. Brooks/AFP via Getty Images

    The Bank of Japan’s Seductive Widow-Maker Trade

    Oct 5, 2023 Kenneth Rogoff thinks interest-rate hikes are inevitable and could pose a significant threat to the global economy.

  5. The Debt Supercycle Comes to China
    rogoff240_ CFOTOFuture Publishing via Getty Images_country garden CFOTO/Future Publishing via Getty Images

    The Debt Supercycle Comes to China

    Aug 17, 2023 Kenneth Rogoff argues that the theory seems to offer the best explanation for the Chinese economy’s current slowdown.

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  1. nye252_TIMOTHY A. CLARYAFP via Getty Images_elections TIMOTHY A. CLARY/AFP via Getty Images

    American Greatness and Decline

    Joseph S. Nye, Jr.

    If Donald Trump wins back the White House in November, this year could mark a turning point for American power. Finally, the fear of decline that has preoccupied Americans since the colonial era would be justified.

    warns that populist nationalism at home is by far the biggest threat to US power.
  2. haldar30_Samir JanaHindustan Times via Getty Images_modisupporters Samir Jana/Hindustan Times via Getty Images

    Populism’s Great Replacement of Economics

    Antara Haldar

    Dozens of countries will hold national elections in 2024, in what many view as a kind of plebiscite on the postwar global order. The likely rejection of that order in favor of populist leaders should serve as a wake-up call for policymakers to heed the message that no economy exists outside the society that created and sustains it.

    urges policymakers to heed Karl Polanyi’s warning that the economy cannot be “disembedded” from society.
  3. reichlin34_Drew AngererGetty Images_jerome powell Drew Angerer/Getty Images

    The Next Inflationary Surge

    Lucrezia Reichlin believes that recent US and European data may hold useful lessons for responding to future price volatility.
  4. buti1_Ralph OrlowskiGetty Images_euro Ralph Orlowski/Getty Images

    Lessons from the Euro’s First 25 Years

    Marco Buti & Giancarlo Corsetti explain why the monetary union’s incomplete institutional framework is costly and dangerous.
  5. sheng144_GREG BAKERAFP via Getty Images_china energy GREG BAKERAFP via Getty Images

    China’s Energy Dilemma

    Andrew Sheng & Xiao Geng urge the country’s leaders to respond to rising global energy prices by fighting deflation at home.
  6. slaughter101_THOMAS COEXAFP via Getty Images_israelwall Thomas Coex/AFP via Getty Images

    Do Israelis and Palestinians Inhabit the Same World?

    Anne-Marie Slaughter envisions a diplomatic approach that does not require each side to adopt the other's perspective.
  7. james214_Sean RayfordGetty Images_trump Sean Rayford/Getty Images

    The Politics of Despair

    Harold James explores the yawning gap between positive economic developments and dour public sentiment.
  8. palacio154_Annabelle ChihGetty Images_william lai Annabelle Chih/Getty Images

    The Good News from Taiwan

    Ana Palacio thinks the island’s recent election bodes well for the struggle to uphold liberal-democratic values globally.
  9. yu75_Jiang QimingChina News ServiceVCG via Getty Images_pboc Jiang Qiming/China News Service/VCG via Getty Images

    China’s Economic Prospects Are Brighter Than They Appear

    Yu Yongding sees room for more infrastructure investment, the government’s most effective tool to offset weak demand.

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