Will the Japanese government take the decisive but manageable policy actions needed to bring about economic recovery? Despite claims to the contrary, macroeconomic expansion has yet to be seriously tr
During their financial crisis of 1997-98, Asian countries learned significant lessons, often at the behest of international creditors such as the United States. And they were able to productively util
How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging
Pisani-Ferry (U. Paris-Dauphine, France) and Posen (deputy director, Peterson Institute for International Economics, US) present 14 essays assessing the impact of the euro on the international monetar
