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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.

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    An Israeli Victory May Not Bring Peace

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    Fixing Africa’s Governance Crisis Must Come First

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    The Key to Unlocking the Benefits of Trade

    Ngozi Okonjo-Iweala & Makhtar Diop

    The finance underpinning supply chains is crucial, but too many small businesses in emerging and developing economies cannot access it, cutting them off from the benefits of global trade. Plucking this relatively low-hanging fruit can drive progress toward many development goals at once.

     show how a lack of supply-chain finance keeps many businesses and economies on the sidelines.
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    What Causes Prosperity?

    Jeffrey Frankel shows how this year's Nobel Prize-winning economists tackled a once-insoluble problem.
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    Ukraine’s Post-Colonial Future

    Michael Ignatieff believes that what is at stake in the war with Russia is the fate of the last European imperialism.
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    Donald Trump’s Tariffs Would Hurt US Workers and Businesses

    Maurice Obstfeld shows why targeting an overall reduction in imports would reduce America’s real wages and national income.
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    Africa’s Green Future Starts with Debt Relief

    Bogolo Kenewendo & Patrick Njoroge propose large-scale relief to ensure that the continent’s countries can invest in climate action.
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    Diane Coyle on economic progress, tech monopolies, artificial intelligence, and more

    Diane Coyle advocates a new public philosophy that rejects viewing “government” and “market” as opposites, explains why time-use data must shape technological development, warns that policymakers are devising AI regulation in a thick conceptual fog, and more.

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