Reserve currency Articles

Grassroots Economics

Raghuram Rajan | Jun 28, 2010
The IMF has become little more than an abettor of bad policymaking. To avoid the next meltdown, the IMF must become a global advocacy group. Diplospeak is out; punchy prose and clear policy recommendations are in.

Death Cometh for the Greenback

Joseph E. Stiglitz | Oct 27, 2009
America’s debt is ballooning. Runaway inflation threatens our creditors. Faith in the almighty dollar is wavering. Soon a global reserve, complete with its own currency, will land the final blow against the dollar. But contrary to popular opinion,

Manchurian Paradox

Stephen S. Roach | Apr 27, 2009
The America-China symbiosis cannot be overstated. Beijing’s willingness to buy U.S. debt allowed us to live on credit, while our purchase of Chinese goods propelled their meteoric rise. But as the financial markets have soured, some in the United

Covering Your Assets

Brad Setser | Apr 25, 2008
A second look at the threat of global financial annihilation.

Money, Money Everywhere. . . .

Maurice R. Greenberg | Jul 01, 2007
The dollar's international dominance, which underwrites our global economic leadership, can no longer be taken for granted.

The Culture Club

Lawrence E. Harrison | Mar 01, 2006
Not all cultures are equally conducive to progress.

In the Tsunami's Wake

Anjalika Bardalai | Mar 01, 2005
It was a human tragedy, but not an economic disaster.

Frog in the Pot: Germany's Path to the Japan Syndrome

Adam S. Posen | Mar 01, 2003
Japan's economic troubles aries from four interwoven causes, three of which are now extant in Germany--with major security implications for the United States.

Another Year of Living Dangerously?

Rajan Menon | Sep 01, 2001
Indonesia's crisis could cause the strategic upending of Southeast Asia. American policymakers may need to act quickly and wisely to prevent a security nightmare.

From Miracle to Malaise

Peter Hartcher | Mar 01, 2001
Once synonymous with success, the dragons of Southeast Asia may be running out of puff.

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May 26, 2012