The second session of the Stephen C. Freidheim Symposium on Global Economics looks at how emerging markets (China, Brazil, India, Russia, etc.) have fared over the past decade, the extent to which reserve accumulation and flexible exchange rates have enabled them to manage shocks, and the question of current financial stability.
The first session of the Stephen C. Freidheim Symposium on Global Economics examines the impact of the financial crisis on Europe including Portugal, Greece, Ireland, Italy, and Spain, both the financial and political implications, and whether the Eurozone’s vulnerability to crisis has been resolved.
The financial meltdown that started with the bursting of the U.S. housing bubble had worldwide economic repercussions, including recessions, far-reaching regulations, and deep-seated political discontent. Track its buildup and aftermath.
Adam Tooze, the Shelby Cullom Davis chair of history at Columbia University and director of the European Institute, joins James M. Lindsay to discuss how the 2008 financial crisis affected the world in the years that followed.
The IMF’s reserve metric tends to overstate the reserve needs of current account surplus countries with little external debt, and understates the reserve needs of current account deficit countries with lots of external debt.
Robert Kaplan of the Federal Reserve Bank of Dallas discusses his outlook on the energy market, the future of trade relations and NAFTA, as well as potential threats to U.S. and global economic growth.