From the Spring 2015 issue
At issue is economic growth. Is the eurozone in desperate need of a major conference on debt relief? Or would such a conference merely encourage more of the fiscal policies and lack of restructuring that led to the economic underperformance and excessive debt in the first place?
More than thirty observers offer their assessment, including Henry J. Aaron, Hannes Androsch, Michael J. Boskin, Charles W. Calomiris, Stephen G. Cecchetti, William R. Cline, Lorenzo Codogno, Bernard Connolly, Howard Davies, Barry Eichengreen, Mohamed A. El-Erian, Milton Ezrati, Jeffrey A. Frankel, Benjamin M. Friedman, James K. Galbraith, Maurice R. Greenberg, Philipp M. Hildebrand, Jacob Funk Kirkegaard, Desmond Lachman, Edward N. Luttwak, Thomas Mayer, David C. Mulford, Ewald Nowotny, Jim O'Neill, Kermit Schoenholtz, Ludger Schuknecht, Jeffrey R. Shafer, Hans-Werner Sinn, William R. White, John Williamson, and Criton M. Zoakos
From de Larosière to Rhodes, Mulford to Ortiz, and Herrhausen to Gurría, the struggle for debt solutions goes on.
And where does America fit in?
Why I was right about the euro.
Is the United States flirting with an inflation problem? Moreover, what are the risks of policy error on the inflation issue? Are Fed policymakers today behind the curve on the inflation front? Or is talk of monetary tightening playing with fire?
Over a dozen noted experts offer their predictions, including Charles W. Calomiris, Stephen G. Cecchetti, Bernard Connolly, Richard N. Cooper, W. Bowman Cutter, Martin Feldstein, James E. Glassman, David D. Hale, Steve H. Hanke, Lawrence B. Lindsey, Allan H. Meltzer, Alice Rivlin, Kermit Schoenholtz, and Criton M. Zoakos
Why Team Yellen will move cautiously.
The trend is favorable.
Why the United States will be the new arbiter of oil inventories.
Rethinking the U.S. regulatory process.
The ongoing failure of Abenomics.
Are military exports Japan’s last hope?
Why China benefits little from renminbi devaluation.
The risks to China’s Silk Road Economic Belt.
The global rise of shadow banking.
The U.S. Congress.
The G-20 prospered.
The complications of QE bond buying.
The smartest guys In the room.
An appreciation of John H. Makin, debt alert, U.S. economic disappointment, TIE Bookshelf.