Business and Finance

Financial Markets and Services

REUTERS/Carlo Allegri - The exterior of the New York Stock Exchange is pictured with the American national flag, in New York.


Financial Reform Progress: Cause for Considerable Celebration and Some Concern

December 22, 2014, Martin Neil Baily and Douglas J. Elliott

While the financial sector is safer than it was at the time of the crisis, our regulatory system is still fragmented, reducing its effectiveness, say Martin Baily and Doug Elliott. The next two years may bring incremental improvements, but everything will be up for grabs in 2016.

  • Interview | Boom Bust

    July 3, 2014, Eswar Prasad

  • In the News

    The financial crisis had its origins in the U.S., the federal reserve has been pumping huge amounts of dollars into the global financial system, which ought to cheapen its value. [But] in times of turmoil, the world wants safety, and the U.S. is still seen as the safest place to invest.

    January 29, 2014, Eswar Prasad, Marketplace
  • Interview | Wall Street Journal

    January 16, 2014, Eswar Prasad

  • Interview | The Wall Street Journal

    January 15, 2014, Eswar Prasad

  • In the News

    The global financial crisis has strengthened the dollar's prominence in global finance.

    December 4, 2013, Eswar Prasad, Wall Street Journal
  • Interview | The Bank of England

    November 15, 2013, Donald Kohn

  • Interview | GlobalPost

    What's the Big Deal about Cyprus?

    March 20, 2013, Michael W. Klein

  • In the News

    Often low- and moderate-income families need a way to cash their check, they need a way to pay their bills, they need a way to save for the future, and they’ve cobbled together an interesting mix of bank and non-bank services to do that that are often more expensive and more costly than they need to be.

    February 18, 2013, Michael Barr, The Economist
  • Interview | Financial Times

    From Investment Management to Time Management

    December 16, 2012, Robert C. Pozen

  • In the News

    [The Outright Monetary Transactions program] will work if the expectation of unlimited support is not altered or compromised in some way. The key word is unlimited. It has been said in words, but the actions that follow will have to be consistent.

    September 25, 2012, Domenico Lombardi, Reuters

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