International Monetary System

FILE PHOTO: President and CEO of Mastercard Ajay Banga leaves after meeting India's Prime Minister Narendra Modi at a breakfast in the Manhattan borough of New York September 29, 2014. REUTERS/Carlo Allegri (UNITED STATES - Tags: POLITICS BUSINESS)/File Photo

Future Development

Ajay Banga: The US nominee for World Bank president

Friday, February 24, 2023

Debt-to-GDP

Future Development

Government debt has declined but don’t celebrate yet

M. Ayhan Kose, Franziska Ohnsorge, Kersten Stamm, and Naotaka Sugawara

Tuesday, February 21, 2023

BPEA Spring 2023 conference

1:00 PM - Friday Mar 31, 2023 12:45 PM EDT

Ben Bernanke giving a speech at Brookings.

Up Front

Banking, credit, and economic fluctuations: Bernanke’s Nobel Prize lecture

Monday, December 12, 2022

Reports

Conceptual,3d,Illustration,Rendering,Of,Percent,Symbol,Interest,Rate,Inflation

Monetary Policy

Taking stock of the new Fed and ECB monetary policy frameworks

David Wessel and Eric Milstein

Friday, January 21, 2022

Second team of the ninth batch of Chinese Peacekeeping force in the Republic of South Sudan finish their mission and arrive at an airport in Zhengzhou city, central China's Henan province, 29 September 2019. fachaoshiNo Use China. No Use France.

Peacekeeping & Conflict Management

The new geopolitics of fragility: Russia, China, and the mounting challenge for peacebuilding

Bruce Jones and Alexandre Marc

October 2021

Report

Debt service risks, Special Drawing Rights allocations, and development prospects

Homi Kharas and Meagan Dooley

Tuesday, September 7, 2021

Binary code

Report

Design choices for central bank digital currency: Policy and technical considerations

Sarah Allen, Srdjan Capkun, Ittay Eyal, Giulia Fanti, Bryan Ford, James Grimmelmann, Ari Juels, Kari Kostiainen, Sarah Meiklejohn, Andrew Miller, Eswar Prasad, Karl Wüst, and Fan Zhang

Thursday, July 23, 2020

World currencies with the US and China at center

Report

Global implications of a US-led currency war

Adam Triggs and Warwick J. McKibbin

Thursday, February 20, 2020

Blog Posts

Cryptocurrency Coins Grid with Bitcoin Binance and Ethereum

Up Front

Cryptomania: The good, the bad, and the ugly

Eduardo Levy Yeyati and Sebastián Katz

Monday, October 17, 2022

A man walks past a poster of a bank at a business district in Tokyo March 16, 2009. The Bank of Japan is considering purchasing subordinated debt issued by banks to help bolster their capital, the Nikkei business daily said on Monday, in a move to contain the fallout from the global financial crisis. REUTERS/Kim Kyung-Hoon (JAPAN BUSINESS)

Future Development

25 years since the East Asian financial crisis: 2 forgotten lessons

Thursday, July 7, 2022

Person with umbrella in front of International Monetary Fund sign.

Up Front

The IMF’s updated view on capital controls

Anton Korinek, Prakash Loungani, and Jonathan D. Ostry

Monday, April 18, 2022

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Events

The CFA franc zone: Economic development and the post-COVID recovery

9:30 AM - 11:00 AM EDT

BPEA Fall 2022 conference

1:00 PM - Friday Sep 09, 2022 12:45 PM EDT

The future of the US dollar: Are its days as the world’s dominant currency numbered?

10:30 AM - 12:00 PM EDT

View All Events

Related Books

Renminbi Internationalization

Edited by Barry Eichengreen and Masahiro Kawai

2015

International Monetary Arrangements for the 21st Century

By Barry Eichengreen

1994

Experts

Anton Korinek

David M. Rubenstein Fellow - Economic Studies, Center on Regulation and Markets

akorinek

Gian Maria Milesi-Ferretti

Senior Fellow - Economic Studies, The Hutchins Center on Fiscal and Monetary Policy

M. Ayhan Kose

Nonresident Senior Fellow - Global Economy and Development

Deputy Chief Economist and Director of Prospects Group - World Bank

View All Experts

Multimedia

Notes of euro, ruble, dollar and pound are on a table.

Podcast Episode

Will a strong dollar hurt emerging markets?

Gian Maria Milesi-Ferretti, Maurice Obstfeld, Haonan Zhou, Janice C. Eberly, and James Stock

Tuesday, October 18, 2022

Marine One arrives at Joint Base Andrews, Maryland as Air Force One waits on the tarmac for President Joe Biden.

International Affairs

Will COVID-19 mark the end of the old international order?

Thomas Wright and David Dollar

Monday, August 16, 2021

International Monetary System

America needs a positive IMF agenda

Mark Sobel and David Dollar

Monday, March 29, 2021

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More on International Monetary System

Digital currency symbols

A new era for money

Monday, September 12, 2022

Globe on pile of one hundred dollar bills

The global dollar cycle

Maurice Obstfeld and Haonan Zhou

Wednesday, September 7, 2022

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Enduring preeminence: The US dollar might slip, but it will continue to rule

Friday, June 3, 2022

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The role of cryptocurrencies in sub-Saharan Africa

Wednesday, March 16, 2022

Money over the Russian flag

Russia sanctions won’t doom the dollar

Tuesday, March 8, 2022

FILE PHOTO: People walk through the streets of a shopping area in Addis Ababa May 26, 2014. REUTERS/Tiksa Negeri/File Photo

It’s time to end the slow-motion tragedy in debt restructurings

Friday, February 25, 2022