Tuesday, 16 July 2013
What is the future of the US dollar’s role as the world’s key currency? The future of international money will be determined not only by markets but also by public policy choices, in particular the choices of the United States and other leading economic powers to encourage or discourage an international role for their respective currencies.
Currency Internationalization and Reforms in the Architecture of the International Monetary System: Managing the Impossible Trinity
Thursday, 11 July 2013
This paper attempts to evaluate the proposals on various facets of the international monetary system that are on the table, and to set out some responses that reflect an Indian and emerging and developing economy standpoint in the debate.
Wednesday, 10 July 2013
CIGI) is pleased to announce the appointment of James M. Boughton as a CIGI Senior Fellow, effective immediately. Mr. Boughton is the former historian of the International Monetary Fund (IMF), a role he held from 1992 to 2012.
Tuesday, 9 July 2013
"Egypt's economic woes are deep, structural, and resistant to quick solutions. These fatal flaws will result in another mass uprising yearning, yet again, for change," writes Senior Fellow Bessma Momani.
Thursday, 4 July 2013
Given the state of the global economy, unconventional monetary support should continue to be an important part of the policy mix to promote global economic recovery and growth. But is it enough? While the risks and concerns about the prolonged use of unconventional policies cannot be ignored, the more serious issue comes from a much broader policy perspective: that sustained global economic growth, sufficient to absorb economic slack, has not yet been firmly established.
Thursday, 20 June 2013
The Centre for International Governance Innovation (CIGI) is pleased to announce the appointment of sovereign debt crisis experts Richard Gitlin and Brett E. House as CIGI Senior Fellows, effective immediately.
Thursday, 20 June 2013
"Is there a possibility that central banks may take forward guidance too far? The simple answer is yes," says CIGI Senior Fellow Pierre Siklos, as he revisits central banks’ experiment with forward guidance.
Monday, 17 June 2013
The Centre for International Governance Innovation (CIGI) is pleased to announce the appointment of economic and financial historian Harold James as a CIGI Senior Fellow, effective immediately.
CIGI co-publishes paper series on ‘way forward’ for internationalization of Asian and BRICS’ currencies
Friday, 14 June 2013
Asian and BRICS’ nations’ growing economic weight and prominence in the G20 affords them a unique opportunity to play a constructive role in reforming the international monetary system (IMS), in key areas such as currency internationalization and orderly adjustment. These are among the conclusions of a new paper series co-published by the Asian Development Bank (ADB), The Centre for International Governance Innovation (CIGI) and the Hong Kong Institute for Monetary Research (HKIMR).
Thursday, 13 June 2013
This paper explores Russian leaders’ views on reforming the international monetary system, the potential role of the ruble in an emerging multicurrency world, and the complex relationship between ruble and renminbi internationalization.