Currency Wars, Capital Controls, and the Outlook for the International Monetary System

Discussants:
Ajay Shah Professor, National Institute for Public Finance and Policy, New Delhi
Alan M. Taylor Senior Advisor, Morgan Stanley; Professor of Economics and Director of the Center for the Evolution of the Global Economy, University of California, Davis
Benn Steil Senior Fellow and Director of International Economics, Council on Foreign Relations; Author, Money, Markets, and Sovereignty
Presider:
Sebastian Mallaby Director, Maurice R. Greenberg Center for Geoeconomic Studies, and Paul A. Volcker Senior Fellow for International Economics,, Council on Foreign Relations; Author, More Money Than God: Hedge Funds and the Making of a New Elite
More on this topic

International Trade and Investment

Research links about international trade and investment, including news, policy, agreements, and markets.

The BRICS Bank is a Feeble Strike Against Dollar Hegemony

The new BRICS Bank and Contingent Reserve Arrangement initiatives are, despite stated Russian ambitions, wholly unconvincing responses to the shortcomings of the Bretton Woods institutions and the dollar-based global financial architecture.

Leaders Indicating

The normal rhythm of politics tends to lead most nations’ economies around in a circle, ashes to ashes. This life cycle starts with a crisis, which forces leaders to reform, which triggers an economic revival, which lulls leaders into complacency, which plunges the economy back into crisis again.

Terms of Use: I understand that I may access this audio and/or video file solely for my personal use. Any other use of the file and its content, including display, distribution, reproduction, or alteration in any form for any purpose, whether commercial, non commercial, educational, or promotional, is expressly prohibited without the written permission of the copyright owner, the Council on Foreign Relations. For more information, write publications@cfr.org.