Our latest event, What Economics is Missing, is now live.
Click the link below for opening remarks from Dani Rodrik, followed by a discussion among Ashwini Deshpande, Raquel Fernández, Minouche Shafik, and Vera Songwe on how to achieve inclusivity in economics.
When a bank fails in the United States, questions about who is to blame are often directed at many different regulatory agencies, because the system is complex and hard for outsiders to understand. In the wake of the collapse of Silicon Valley Bank, the case for an overhaul could not be stronger.
laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings.
explains what caused the Ukraine war, urges the West to scrutinize its economic dependence on China, proposes ways to reverse the dangerous deterioration of democracy in America, and more.
If the US Federal Reserve raises its policy interest rate by as much as is necessary to rein in inflation, it will most likely further depress the market value of the long-duration securities parked on many banks' balance sheets. So be it.
thinks central banks can achieve both, despite the occurrence of a liquidity crisis amid high inflation.
Please log in or register to continue. Registration is free and requires only your email address.
俄国讽刺作家米哈伊尔·萨尔蒂科夫· 谢德林 曾经戏称，世界上存在着不同类型的事实：“既有令人舒适的事实，也有令人感到不便的事实，另外还存在着根本并非实情的事实。”
当我们步入 2010 年时， 世界经济的戏剧性下滑已经停止、而复苏也已开始的事实令人感到舒适；而这种复苏仍然脆弱的事实，就会令我们感到不便；此外，关于今后十二个月的复苏之旅将会一帆风顺的说法，则属于那种并非实情的事实。与这种判断正好相反，我们仍将面临严峻的挑战，而且我们必须将解决这些挑战视为当务之急。
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
As a registered user, you can enjoy more PS content every month – for free.
Already have an account? Log in