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. The co-author of This Time is Different: Eight Centuries of Financial Folly, his new book, The Curse of Cash, was released in August 2016.
As US and European political leaders fret about the future of quality jobs, they would do well to look at the far bigger problems faced by developing Asia. There, the same angst that Americans and Eur… read more
Despite the steep drop in oil prices that began in 2014, Russia has managed to escape a deep financial crisis. But while the economy is enjoying a modest rebound after two years of deep recession, the… read more
With the election of a reform-minded centrist president in France and the re-election of German Chancellor Angela Merkel seeming ever more likely, is there hope for the stalled single-currency project… read more
Barack Obama’s administration took a principled stand on Venezuela, by imposing sanctions to rein in rogue behavior. Donald Trump, by contrast, had no qualms about taking a half-million-dollar donatio… read more
After nine dreary years of downgrading their GDP forecasts, macroeconomic policymakers around the world are shaking their heads in disbelief. Despite a populist-propelled wave of political tumult, glo… read more
The proposed border adjustment tax in the US has not seeped into public consciousness in nearly the same way as Trump’s physical wall has. But the tax-and-subsidy scheme could end up affecting the ave… read more
As US President Donald Trump proceeds to destabilize the post-war global economic order, much of the world is collectively holding its breath. While Trump's supporters defend the economic rationale of… read more
It is a post-financial-crisis myth that austerity-minded conservative governments always favor fiscal prudence while redistribution-oriented progressives view large deficits as the world’s biggest fre… read more
Exactly how much US President-elect Donald Trump’s policies will raise output and inflation will depend on how close the US economy is to full capacity. If the economy really does have massive quantit… read more
