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Blog Post
November 27, 2013
New uncertainties come to the fore now that the global economy, after six years of turmoil, is showing signs of a return to a more normal situation, where real interest rates in the United States turn positive and commodity prices stabilize at a somewhat lower level, due to a cooling of red-hot dema...
Blog Post
October 07, 2013
Emerging market currencies have seen a lot of action over the last few months. India’s rupee has fallen 20% against the dollar, the Indonesian rupiah and the Brazilian real are floundering after falling 15%, and Turkey’s lire has slipped 10%. I invited CGD senior fellows Liliana Rojas-Su...
Blog Post
September 04, 2013
This blog was originally posted on March 7, 2011.
Regulators at the Bank for International Settlements (BIS) in Basel, Switzerland, are hard at work designing regulatory standards to avoid future financial meltdowns like the global financial crisis of 2008. Joining them for two months is Lilia...
Blog Post
September 03, 2013
It’s been a tough few months for emerging-market currencies. The top slider, India’s rupee, has fallen 20 percent against the US dollar. The Indonesian rupiah and the Brazilian real have fallen about 15 percent; Turkey’s lira is down about 10. As the currencies fall, so d...
Blog Post
June 04, 2013
My guest on this week’s Wonkcast is CGD senior fellow Liliana Rojas, chair of the Latin American Shadow Financial Regulatory Committee (CLAAF), and our topic is the latest policy statement from CLAAF, which brings together the region’s top economists, mostly former ministers of finance a...
Blog Post
February 11, 2013
In December, members of the Latin American Shadow Financial Regulatory Committee (CLAAF) convened at CGD to discuss global financial and monetary developments affecting Latin America. The CLAAF, which meets here twice a year, usually offers policy and regulatory recommendations for finance ministers...