Post Tagged with: "monetary policy"

BSG Faculty, Economic growth and resilience

Photo of Christine Lagarde by Adam Tinworth via Flickr

The global economy’s stealth resilience

Last week, Christine Lagarde, the International Monetary Fund’s managing director, warned that if countries do not act together, the global economy could be derailed. Likewise, the OECD has warned that countries must move “urgently” and “collectively” to boost global growth prospects. Yet the G-20 finance ministers and central-bank governors to whom these entreaties were directed […]

by × 03 March 2016 ×

BSG Faculty, Economic growth and resilience

The IMF’s euro crisis

The IMF’s euro crisis

Over the last few decades, the International Monetary Fund has learned six important lessons about how to manage government debt crises. In its response to the crisis in Greece, however, each of these lessons has been ignored. The Fund’s participation in the effort to rescue the eurozone may have raised […]

by × 27 July 2015 ×

BSG Faculty, Economic growth and resilience

Globalizing the Fed

Globalizing the Fed

Should the United States worry about whether its monetary policy is wreaking havoc on emerging and developing countries (EMDCs)? That was the question faced by the Federal Reserve at the height of its quantitative-easing program, when its monthly purchases of long-term assets drove yield-hungry investors into these countries, causing their […]

by × 27 February 2014 ×