Ben Bernanke helped to steer the US economy through the worst financial crisis since the Great Depression. But, with the US recovery still shaky, growth in emerging markets slowing, and monetary tightening looming large over the entire global economy, should Bernanke have done more? And what should the world expect from his successor as Fed Chair, Janet Yellen?
The Post-Bernanke World
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Self-Insurance or Self-Destruction?
Self-Insurance or Self-Destruction?
Mar 28, 2014 Gene Frieda on the vicious cycle of monetary-policy spillovers and excessive foreign-reserve accumulation.
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Who’s Afraid of Tapering?
Who’s Afraid of Tapering?
Mar 1, 2014 Koichi Hamada makes the case that concerns about the Fed's exit from quantitative easing are unfounded.
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Revisiting the Fed’s Crisis
Revisiting the Fed’s Crisis
Feb 28, 2014 J. Bradford DeLong reads the Federal Reserve's meeting transcripts from 2008 and tries to explain officials' mindset.
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Globalizing the Fed
Globalizing the Fed
Feb 25, 2014 Ngaire Woods & Geoffrey Gertz argue that US long-term interests compel a monetary policy that acknowledge today’s interdependence.
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The Dollar and the Damage Done
The Dollar and the Damage Done
Feb 13, 2014 Barry Eichengreen blames US policymakers for torpedoing IMF reform, leaving no global lender of last resort.
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The Trouble with Emerging Markets
The Trouble with Emerging Markets
Jan 31, 2014 Nouriel Roubini explains why many previously fast-growing economies suddenly find themselves facing strong headwinds.
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