International Monetary System

Supporters of Argentina's President Mauricio Macri attend a campaign rally in Buenos Aires, Argentina, September 28, 2019. REUTERS/Agustin Marcarian - RC145B02DD50

Op-Ed

Argentina must not waste its crisis

Kemal Derviş and Sebastian Strauss

Thursday, October 3, 2019

A man walks in front of a board displaying the exchange rate for Mexican Peso and U.S. Dollar at a foreign exchange house in Mexico City, Mexico September 4, 2019. REUTERS/Edgard Garrido - RC1586C1FD60

Report

Has the dollar lost ground as the dominant international currency?

Eswar Prasad

Friday, September 20, 2019

A security guard walks in front of an image of the Federal Reserve following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, DC, U.S. on March 16, 2016. REUTERS/Kevin Lamarque/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE Ð SEARCH ÒBUSINESS WEEK AHEAD SEPTEMBER 12Ó FOR ALL IMAGES - S1BEUAUFAYAC

Brookings Papers on Economic Activity

The optimal inflation target and the natural rate of interest

Philippe Andrade, Jordi Galí, Hervé Le Bihan, and Julien Matheron

Thursday, September 5, 2019

An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. Picture taken March 21, 2019. REUTERS/Lindsey Wasson - RC1E4C4C0450

Brookings Papers on Economic Activity

Inflation dynamics: Dead, dormant, or determined abroad?

Kristin J. Forbes

Thursday, September 5, 2019

Reports

A woman looks at an electronic board showing the recent fluctuations of market indices on the floor of Brazil's B3 Stock Exchange in Sao Paulo, Brazil, April 3, 2019. Picture taken April 3, 2019. REUTERS/Amanda Perobelli - RC157ABDC690

Report

Finance and monetary policy beyond neoliberalism: The way ahead for emerging markets

Rakesh Mohan

Wednesday, May 1, 2019

Supporters of Positive Money hold up balloons in front of the Bank of England during a demonstration to demand quantitative easing which favours people instead of large financial institutions, in the City of London, in Britain November 3, 2016. REUTERS/Peter Nicholls - LR1ECB30V9J9T

International Monetary System

Unconventional monetary policies in the euro area, Japan, and the United Kingdom

Giovanni Dell’Ariccia, Pau Rabanal, and Damiano Sandri

Wednesday, October 17, 2018

An investor looks at an electronic board showing stock information at a brokerage house in Hefei, Anhui province December 9, 2008. China's stock market dropped in heavy trade on Tuesday, led by property and financial shares, on worries that November economic data, to be released in coming days, would be poor. REUTERS/Stringer (CHINA). CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA. - GF2E4C90PRF01

Global Economy

10 years after the financial crisis: Uneven progress and some structural disconnects

Karim Foda and Eswar Prasad

Thursday, September 6, 2018

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

Report

The international monetary system: Is it fit for purpose?

Eswar Prasad

Wednesday, October 5, 2016

Blog Posts

FILE PHOTO: A customer counts his cash at the checkout lane of a Walmart store in the Porter Ranch section of Los Angeles November 26, 2013. REUTERS/Kevork Djansezian/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE Ð SEARCH BUSINESS WEEK AHEAD MARCH 13 FOR ALL IMAGES - RC1E3B0702B0

Up Front

The close relationship between the natural rate of interest and optimal inflation target

Kadija Yilla

Thursday, September 5, 2019

A worker checks avocados at a packaging warehouse of Hoja Redonda plantation in Chincha, Peru, September 3, 2015. The eighth World Avocado Congress, an event dedicated to production, export and marketing of Hass avocados, will be held in Peru from September 13 to September 18. Peru is the second largest exporter of Hass avocados in the world, according to local media. REUTERS/Mariana Bazo - GF10000192546

Up Front

Globalization has changed inflation dynamics, but domestic developments still matter

Kadija Yilla

Thursday, September 5, 2019

Future Development

The governance of the International Monetary Fund at age 75

Brahima Sangafowa Coulibaly and Kemal Derviş

Monday, July 1, 2019

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Events

2019

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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

2000

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Experts

David Wessel

Director - The Hutchins Center on Fiscal and Monetary Policy

Senior Fellow - Economic Studies

davidmwessel

Kemal Derviş

Senior Fellow - Global Economy and Development

@Kemal_Dervis

Eswar Prasad

Senior Fellow - Global Economy and Development

EswarSPrasad

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Multimedia

International Monetary Fund Managing Director Christine Lagarde speaks at the Women's Forum Americas, at Claustro de Sor Juana University in Mexico City, Mexico, May 30, 2019. REUTERS/Henry Romero - RC1CD59F6400

Podcast Episode

How will Christine Lagarde lead the European Central Bank?

Douglas A. Rediker

Thursday, July 4, 2019

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Reports

In Good Times Prepare for Crisis: Lessons from the history of debt crises

How to reform the global monetary system: A pathway to action

Gaining currency: The rise of the renminbi

Director - The Hutchins Center on Fiscal and Monetary Policy

Senior Fellow - Economic Studies

Senior Fellow - Global Economy and Development

Senior Fellow - Global Economy and Development