International Monetary System

Up Front

Hutchins Roundup: Global financial integration, ex-offenders, and more

Anna Malinovskaya and David Wessel

Thursday, May 18, 2017

U.S. Economy

Safety, liquidity, and the natural rate of interest

Marco Del Negro, Domenico Giannone, Marc P. Giannoni, and Andrea Tambalotti

Thursday, March 23, 2017

The dollar sign (R) is seen alongside the signs for other currencies above a currency exchange shop in Mongkok shopping district in Hong Kong October 30, 2014. A year-long investigation into allegations of collusion and manipulation by global currency traders is set to come to a head on Wednesday, with Britain's financial regulator and six big banks expected to agree a settlement involving around ?1.5 billion ($2.38 billion) in fines. The settlement comes amid a revival of long-dormant volatility on the foreign exchanges, where a steady rise of U.S. dollar this year has depressed oil prices and the currencies of many commodity exporters such as Russia's rouble, Brazil's real and Nigeria's naira - setting the scene for more turbulence on world financial markets in 2015. Picture taken October 30, 2014. REUTERS/Damir Sagolj (CHINA - Tags: BUSINESS CRIME LAW POLITICS) ATTENTION EDITORS: PICTURE 02 OF 23 FOR WIDER IMAGE PACKAGE 'ANOTHER DAY ANOTHER DOLLAR' TO FIND ALL IMAGES SEARCH 'CURRENCY TRADERS' - RTR4DSZN

China

Currency manipulation: “China has a lot of tools to retaliate against the US”

David Dollar

Wednesday, February 15, 2017

Incoming Trump administration Treasury Secretary nominee Steven Mnuchin departs after working a simulated crisis scenario during transition meetings at the Eisenhower Executive Office Building at the White House in Washington, U.S. January 13, 2017. REUTERS/Jonathan Ernst - RTX2YVEE

FixGov

Confirming Team Trump: Steve Mnuchin and the four D’s

David Wessel

Wednesday, January 18, 2017

Reports

The U.S. Federal Reserve Building is shown in Washington, March 18, 2008. The Federal Reserve slashed a key interest rate by three-quarters of a percentage point, a substantial cut but smaller than many in financial markets had expected. REUTERS/Jason Reed (UNITED STATES) - RTR1YH5J

Monetary Policy

Oh, what a tangled web we weave: Monetary policy transparency in divisive times

Jon Faust

Tuesday, November 29, 2016

Emerging Markets

The international monetary system: Is it fit for purpose?

Eswar Prasad

Wednesday, October 5, 2016

Europe

Strengthening the International Monetary Fund

Domenico Lombardi

Monday, June 11, 2012

Global Economy

Governance Shares for the International Monetary Fund: Principles, Guidelines, Current Status

Ralph C. Bryant

Tuesday, April 20, 2010

Development Financing

The International Monetary Fund and the World Bank: It’s Time to Separate the Conjoined Twins

Lex Rieffel

Monday, September 22, 2008

Blog Posts

Greek Prime Minister Alexis Tsipras addresses his lawmakers during a ruling Syriza party parliamentary group session in Athens, Greece, November 23, 2016. REUTERS/Michalis Karagiannis - RTSSYNK

Up Front

High primary fiscal surpluses and risks to Greece’s recovery

Theodore Pelagidis

Tuesday, January 3, 2017

An advertisement poster promoting China's renminbi (RMB) or yuan , U.S. dollar and Euro exchange services is seen outside at foreign exchange store in Hong Kong, China August 13, 2015. German Bund yields edged up on Thursday following efforts by China's central bank to slow a sharp descent of the yuan that has prompted investors this week to seek safe-haven assets. REUTERS/Tyrone Siu - RTR4YZ6M

Future Development

The Renminbi rises, but is no match for the dollar

Eswar Prasad

Friday, September 30, 2016

People cross a street in a business district in Tokyo, Japan, February 16, 2016. The Bank of Japan's negative interest rates came into effect on Tuesday in a radical plan already deemed a failure by financial markets, highlighting Tokyo's lack of options to spur growth as global markets sputter. REUTERS/Thomas Peter TPX IMAGES OF THE DAY - RTX273XG

Ben Bernanke

The latest from the Bank of Japan

Ben S. Bernanke

Wednesday, September 21, 2016

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Events

2016

Sep

Past Event

Gaining currency: The rise of the renminbi

2:00 PM - 3:30 PM EDT

The Dollar’s Role in the International Monetary System

2:00 PM - 3:30 PM EST

Washington, DC

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Related Books

Renminbi Internationalization

Edited by Barry Eichengreen and Masahiro Kawai

2015

International Monetary Arrangements for the 21st Century

By Barry Eichengreen

1994

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Experts

David Wessel

Director - The Hutchins Center on Fiscal and Monetary Policy

Senior Fellow - Economic Studies

davidmwessel

Eswar Prasad

Senior Fellow - Global Economy and Development

@EswarSPrasad

Theodore Pelagidis

Nonresident Senior Fellow - Global Economy and Development

View All Experts

International Monetary System

Hutchins Roundup: Global financial integration, ex-offenders, and more

Safety, liquidity, and the natural rate of interest

Currency manipulation: “China has a lot of tools to retaliate against the US”

Confirming Team Trump: Steve Mnuchin and the four D’s

Reports

Oh, what a tangled web we weave: Monetary policy transparency in divisive times

The international monetary system: Is it fit for purpose?

Strengthening the International Monetary Fund

Governance Shares for the International Monetary Fund: Principles, Guidelines, Current Status

The International Monetary Fund and the World Bank: It’s Time to Separate the Conjoined Twins

Blog Posts

High primary fiscal surpluses and risks to Greece’s recovery

The Renminbi rises, but is no match for the dollar

The latest from the Bank of Japan

Events

Gaining currency: The rise of the renminbi

The Dollar’s Role in the International Monetary System

Related Books

Renminbi Internationalization

International Monetary Arrangements for the 21st Century

Experts

David Wessel

Director - The Hutchins Center on Fiscal and Monetary Policy

Senior Fellow - Economic Studies

Eswar Prasad

Senior Fellow - Global Economy and Development

Theodore Pelagidis

Nonresident Senior Fellow - Global Economy and Development

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