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Curated by Project Syndicate

The Fed's Next Head

15 commentaries

US Federal Reserve Chairman Ben Bernanke's aggressive response to the 2008 financial crisis has been both praised and scorned. As Bernanke's term nears its end and the race to succeed him heats up, Project Syndicate's experts consider the future of Fed policy – and what it means for the global recovery.

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  1. Fischer, the Fed, and US Growth

    Fischer, the Fed, and US Growth

    Dec 23, 2013 Jeffrey Frankel endorses the recent selection of Stanley Fischer to succeed Janet Yellin as Vice Chair of the Federal Reserve Board.

  2. The Fed’s Surprise and Yellen’s Challenge
    pa217c.jpg Paul Lachine

    The Fed’s Surprise and Yellen’s Challenge

    Oct 10, 2013 Mohamed A. El-Erian on the Federal Reserve's declining effectiveness.

  3. Whose Central Bank?
    pa4129c.jpg Paul Lachine

    Whose Central Bank?

    Aug 31, 2013 J. Bradford DeLong thinks the Fed should be a steward of the economy, not of big banks.

  4. US Interest Rates Will Continue to Rise
    ve1665c.jpg Chris Van Es

    US Interest Rates Will Continue to Rise

    Aug 28, 2013 Martin Feldstein on the sources of upward pressure on us interest rates.

  5. The Greenspan Temptation
    pa3989c.jpg Paul Lachine

    The Greenspan Temptation

    Aug 27, 2013 Simon Johnson on the power of the Chairman of the Federal Reserve.

  6. The Changing of the Monetary Guard
    dr4573c.jpg Dean Rohrer

    The Changing of the Monetary Guard

    Aug 5, 2013 Joseph E. Stiglitz endorses Janet Yellen to head the US Federal Reserve.

Our Pick

Featured

  1. mazzucato57_Bill PuglianoGetty Images_uaw Bill Pugliano/Getty Images
    1

    Auto Strikes and Climate Change

    Mariana Mazzucato & Damon Silvers explain why the transition to a net-zero economy cannot happen without worker empowerment.
  2. haass159_ED JONESAFP via Getty Images_un general assembly ED JONES/AFP via Getty Images
    5

    The New World Disorder

    Richard Haass highlights the growing threat to international stability and calls for effective cooperation.
  3. fraga4_ JUAN MABROMATAAFP via Getty Images_money JUAN MABROMATA/AFP via Getty Images
    1

    Latin America’s Growth Conundrum

    Arminio Fraga, et al.

    Since 1960, only a few countries in Latin America have narrowed the gap between their per capita income and that of the United States, while most of the region has lagged far behind. Making up for lost ground will require a coordinated effort, involving both technocratic tinkering and bold political leadership.

     explain what it will take finally to achieve economic convergence with advanced economies.
  4. davies87_Justin SullivanGetty Images_svb Justin Sullivan/Getty Images
    1

    We Need to Talk About Bank Supervision

    Howard Davies thinks the renewed debate over commercial bank capital requirements largely misses the point.
  5. skidelsky191_Hollie AdamsGetty Images_rorystewart Hollie Adams/Getty Images
    2

    The New Anatomy of Britain

    Robert Skidelsky laments the decline of UK institutions and the increasingly limited scope for meaningful action.
  6. ilango1_Getty Images_esg Getty Images
    1

    Financing Our Survival

    Vera Songwe

    Between now and the end of this decade, climate-related investments need to increase by orders of magnitude to keep the world on track toward achieving even more ambitious targets by mid-century. Fortunately, if done right, such investments could usher in an entirely new and better economy.

     explains what it will take to mobilize capital for the net-zero transition worldwide.
  7. ito31_EVELYN HOCKSTEINPOOLAFP via Getty Images_modibidenlulag20 Evelyn Hockstein/Pool/AFP via Getty Images
    0

    Whither the G20?

    Takatoshi Ito sees the grouping as increasingly divided between friends of the G7 and friends of China and Russia.
  8. kitaw1_Per-Anders PetterssonGetty Images_africamining Per-Anders Pettersson/Getty Images
    0

    Making the Most of Africa’s Strategic Green Minerals

    Marit Kitaw explains how the continent can move beyond resource extraction to build green industry.
  9. frankel128_ plus49Construction PhotographyAvalonGetty Images_emissions plus49Construction PhotographyAvalonGetty Images
    0

    America Must Join Europe’s Climate Club

    Gary Yohe & Roger Kuhns urge US policymakers to create a carbon-pricing policy in line with the bloc’s emissions-reduction plan.

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