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May 1, 2009

Monetary Policy
The reserve manager panic of 2008 ...

Yes, my headline is a bit overstated. Panic is too strong. A sudden stop might be a better term. or an (almost) orderly withdrawal. But there is more and more data suggesting that central ba…

April 20, 2009

The central bank panic of 2008

Central bank purchases of Agencies in 2007 (Setser and Pandey estimate, based on the survey data – the BoP data should be similar once it is revised to reflect the 2008 survey): $300 billion. Centra…

The central bank panic of 2008

May 1, 2012

Sub-Saharan Africa
Nigeria: Growing Panic following Bayero University Attack

On Sunday, a group of terrorists attacked Christians at worship services held in a lecture room and a sports complex at Bayero University in Kano. There are varying reports about the number killed an…

The wreckage of a car is pictured after a bomb blast in front of the office compound of Nigerian newspaper This Day in the northern city of Kaduna April 26, 2012.

July 18, 2019

Public Health Threats and Pandemics
The World Health Organization

Since its postwar founding, the UN agency has garnered both praise and criticism for its response to international public health crises.

Health-care workers treat Ebola patients at a Doctors Without Borders clinic in Liberia.

June 20, 2019

Monetary Policy
The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

Federal Reserve

October 23, 2014

Sub-Saharan Africa
Maxine Builder: South Korea’s Response to Ebola—From Panic to Pledges

Maxine Builder is a research associate for Global Health at the Council on Foreign Relations. When the Ebola outbreak in West Africa began receiving international attention in August, South Ko…

South Korea_Ebola_Reaction

May 23, 2019

United States
Trump's Next Fed Nominee Wants a Gold Standard. It's an Idea Past Its Time.

In January 1986, Ronald Reagan marched into a meeting of his economic advisory board and let off steam about inflation. “I used to pay $50 for a suit,” he fumed. “Now $50 will hardly get it cleaned.”…

March 21, 2011

Japan
Voices from Inside Japan—No Panic, Simply Strength and Kindness

A student volunteer holds a sign in front of instant noodles for evacuees from Futaba, a city near the quake-stricken Fukushima Daiichi nuclear power plant, at the evacuees' new shelter Saitama S…

A student volunteer holds a sign in front of instant noodles for evacuees from Futaba, a city near the quake-stricken Fukushima Daiichi nuclear power plant, at the evacuees’ new shelter Saitama Super Arena, near Tokyo March 20, 2011, nine days after an earthquake and tsunami hit Japan.

March 12, 2019

Pharmaceuticals and Vaccines
Measles and the Threat of the Anti-vaccination Movement

Measles cases have spiked as a growing number of anti-vaxxers, opting out of immunizations for their kids, threaten decades of progress toward eliminating the disease.

A medical staff worker with a syringe containing vaccine for measles and mumps at a clinic in Moscow, Russia.

January 24, 2019

Turkey
Turkey: What to Watch in 2019

The current account has improved, but Turkey's underlying financial vulnerabilities remain.

Turkey: What to Watch in 2019