Which Way the Wind Blows

2017-04-14T01:55:30-04:00September 2, 2014|

Jeff Hayden altBy Jeff Hayden

You can call this edition of F&D magazine our Bob Dylan issue. It may seem odd for an economics magazine to draw inspiration from the legendary singer/songwriter, but one of his most famous lines, “The times, they are a-changin,’” reverberated through our corridors as we put together this special issue on the global economy’s past and future.

We weren’t humming the tune to pass the time. The lyrics […]

Who’s Talking About the Future of Macroeconomic Policies

2017-04-15T14:27:13-04:00April 5, 2011|

Last month's conference at the IMF spurred plenty of discussion about the future of macroeconomic policies after the global financial crisis. Economic models, policy tools, and how they are applied need to catch up with changes in the global economic and financial system. You've heard here about views from the conference, but there's been plenty of discussion going on outside the IMF. Here's a snapshot....

New Policy Ideas for a New World: Interview with Robert Solow

2017-04-15T14:27:17-04:00April 2, 2011|

There has been plenty of reflection, during the past few years, on the causes of the global financial crisis. But, last month’s conference at the IMF focused on taking what we’ve learned from the crisis and looking toward the future of economic policy. Nobel Prize winning economist, Robert Solow, was among those who brought interesting perspectives and a wealth of experience to the conference discussions. Listen to Professor Solow’s interview and what he has to say about the main challenges for policymakers today, and the future of monetary and fiscal policy.

The Future of Macroeconomic Policy: Nine Tentative Conclusions

2017-04-15T14:27:54-04:00March 13, 2011|

The global economic crisis taught us to question our most cherished beliefs about the way we conduct macroeconomic policy. Earlier I had put forward some ideas to help guide conversations as we reexamine these beliefs. I was heartened by the wide online debate and the excellent discussions at a conference on post-crisis macroeconomic policy here in Washington last week. At the end of the conference, I organized my concluding thoughts around nine points. Let me go through them and see whether you agree or not.
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