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Restoring Confidence Is Key to Economic Recovery

Global Financial Crisis, Global Economics, U.S. Economy, Financial Markets

Eswar Prasad, Senior Fellow, Global Economy and Development

Economist.com's Free Exchange: Olivier Blanchard's roundtable

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January 29, 2009 —

Editor's Note: Following the International Monetary Fund’s release of an updated global growth forecast, the Economist.com featured the IMF's chief economist, Oliver Blanchard, as he commented in their Economics focus column. This "Blanchard roundtable", a weeks worth of commentary by correspondents and outside experts, featured a response by Brookings scholar Eswar Prasad. Prasad argues that improving the public perception of the market holds similar importance to enacting new fiscal policy.

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