International Monetary System

Coronavirus (COVID-19) Economics

Will the secular decline in exchange rate and inflation volatility survive COVID-19?

Ethan Ilzetzki, Carmen Reinhart, and Kenneth Rogoff

Wednesday, September 23, 2020

Op-Ed

China’s digital currency will rise but not rule

Eswar Prasad

Wednesday, August 26, 2020

U.S. President Donald Trump adjusts his jacket while standing in the Colonnade of the White House after a Rolling to Remember ceremony honoring the nations veterans and prisoners of war/missing in action (POW/MIA) in Washington, D.C., U.S., on Friday, May 22, 2020. Trump didn't wear a face mask during most of his tour of Ford Motor Co.'s ventilator facility Thursday, defying the automaker's policies and seeking to portray an image of normalcy even as American coronavirus deaths approach 100,000. Photographer: Andrew Harrer/Pool/Sipa USA No Use UK. No Use Germany.

Op-Ed

The decline in America’s financial supremacy just got faster

Adam Triggs

Tuesday, May 26, 2020

2020

Jun

Past Event

Webinar: How COVID-19 and the oil shock will reshape the Middle East

10:00 AM - 11:15 AM EDT

Online Only

Reports

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 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

Blog Posts

Future Development

COVID-19 uncertainty and the IMF

Douglas A. Rediker and Heidi Crebo-Rediker

Tuesday, April 14, 2020

Global Interest rate inflation reserve bank monetary policy of lending - 3D illustration rendering

Up Front

What macroprudential policies are countries using to help their economies through the COVID-19 crisis?

Sigriður Benediktsdóttir, Greg Feldberg, and Nellie Liang

Monday, April 6, 2020

Up Front

A practical solution for Europe to fight COVID-19

Antonio Garcia Pascual

Monday, March 30, 2020

View All Blog Posts

Events

2019

Feb

Past Event

Related Books

Renminbi Internationalization

Edited by Barry Eichengreen and Masahiro Kawai

2015

International Monetary Arrangements for the 21st Century

By Barry Eichengreen

1994

View All Books

Experts

Adam Triggs

Nonresident Fellow - Global Economy and Development

AdamJTriggs

Douglas A. Rediker

Nonresident Senior Fellow - Foreign Policy, Global Economy and Development, Center on the United States and Europe

@dougrediker

Eswar Prasad

Senior Fellow - Global Economy and Development

EswarSPrasad

View All Experts

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

View All Multimedia

International Monetary System

Will the secular decline in exchange rate and inflation volatility survive COVID-19?

China’s digital currency will rise but not rule

The decline in America’s financial supremacy just got faster

Webinar: How COVID-19 and the oil shock will reshape the Middle East

Reports

Has the dollar lost ground as the dominant international currency?

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

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

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

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

Blog Posts

COVID-19 uncertainty and the IMF

What macroprudential policies are countries using to help their economies through the COVID-19 crisis?

A practical solution for Europe to fight COVID-19

Events

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

Related Books

Renminbi Internationalization

International Monetary Arrangements for the 21st Century

Experts

Adam Triggs

Nonresident Fellow - Global Economy and Development

Douglas A. Rediker

Nonresident Senior Fellow - Foreign Policy, Global Economy and Development, Center on the United States and Europe

Eswar Prasad

Senior Fellow - Global Economy and Development

Multimedia

How will Christine Lagarde lead the European Central Bank?

More on International Monetary System

The triple economic shock of COVID-19 and priorities for an emergency G-20 leaders meeting

Argentina must not waste its crisis

The optimal inflation target and the natural rate of interest

Inflation dynamics: Dead, dormant, or determined abroad?

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

Globalization has changed inflation dynamics, but domestic developments still matter