Member Views

Why The Macroeconomic Policy Framework Needs An Overhaul: Lessons from Japan and the Great Recession

Paul James Sheard is an Australian-American economist. He is Senior Fellow at Harvard Kennedy School's Mossavar-Rahmani Center for Business and Government, after previously being Vice Chairman of S&P Global.

Paul spoke at the Boston Economic Club on why the macroeconomic policy framework needs an overhaul and suggested how.

Washington’s Oil Price Cap Won’t Work-And Putin Knows It

For the past several months the U.S. has been shopping around to other advanced democracies a coordinated scheme to place a cap on the price Russia can charge on its energy exports to deprive Putin of revenues fueling his war in Ukraine.

Surveillance: Recession Risk With Blanchflower (Podcast)

John Lipsky, Former IMF First Deputy Managing Director, says data integrity is central and critical to the IMF.

‘Refugee bonds’ could help Bangladesh cope with Rohingya emergency

With almost half of Myanmar’s million-strong Rohingya population having poured into next-door Bangladesh by land and sea to flee military and civilian attacks by the Buddhist majority, Prime Minister Sheikh Hasina and her ruling Awami League party have appealed to the international community for help in defraying the annual costs of the mass influx, estimated by a local economist at between US$800 million and $1 billion.

George Soros: Remarks delivered at the World Economic Forum

Good evening. It has become something of an annual Davos tradition for me to give an overview of the current state of the world. I was planning half an hour for my remarks and half an hour for questions, but my speech has turned out to be closer to an hour. I attribute this to the severity of the problems confronting us.

Blockchain’s Broken Promises

Boosters of blockchain technology compare its early days to the early days of the Internet. But whereas the Internet quickly gave rise to email, the World Wide Web, and millions of commercial ventures, blockchain's only application – cryptocurrencies such as Bitcoin – does not even fulfill its stated purpose.

China Borrows a Lot of Money from the World Bank, and That’s Okay

As the World Bank makes a case to its shareholders for a capital increase this year, they are grappling with an uncomfortable truth: one of their biggest borrowers, China, happens to hold the world’s largest foreign exchange reserves...

Refugee bonds could help in Venezuela’s humanitarian catastrophe

Gary Kleiman is co-founder and senior partner at Kleiman International.

Regional markets offer possibility for private sector initiatives

Emerging market fund managers still invested in Venezuela are no longer just focused on debt restructuring.

Italy’s Slow-Motion Euro Train Wreck

Nouriel Roubini, a professor at NYU’s Stern School of Business and CEO of Roubini Macro Associates, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.

Did We Really Think The Postwar Liberal Order Would Last Forever?

In January of 2017, I wrote a piece at the Hill suggesting that then-incoming President Trump’s foreign policy, while seemingly chaotic and unpredictable, actually had a basic underlying rationale.