In the attempt to deepen the understanding of Keynes' thought as an international macroeconomist, we explore the hypothesis of consistency between his general methodological approach to the economic material and his way of reasoning about international economic relations. As a first step toward...

The paper reviews the experience of select countries - both advanced and emerging markets - in regard to capital account liberalisation (CAL). The advanced countries' experience with regard to CAL is analysed with special focus on the sequencing of CAL. The move towards CAL by many of the...

Now that the nuclear deal has been struck, there is a real danger of India now settling comfortably into a de facto NWS status within a welcoming international non-proliferation architecture. This will only mean acquiescence with an iniquitous nuclear apartheid system in which India is granted...

Why has Swiss export performance been so strong during the past quarters despite the strong appreciation of the CHF? In this paper, we use historical data on exchange rates and trade at the sectoral level to document that a contributing factor behind the limited impact of the exchange rate is...

Financial globalization has increased dramatically over the past three decades, particularly for advanced economies, while emerging market and developing countries experienced more moderate increases. Divergences across countries stem from different capital control regimes, and factors such as...

The current trend of the world development economy entails the thorough analysis of the relation between globalization and regionalization. Although some economic analysts consider regionalization as a reaction to globalization of the certain countries, we notice that on microeconomic level this...

Related Link: http://www.richmondfed.org/publications/research/econ_focus/2013/q1/pdf/policy_update.pdf

Remarks at the Economic Club of New York, New York City.

Remarks hosted by the Institute of Regulation & Risk North Asia, Hong Kong

Remarks at the IIF Annual Meeting of Latin America Chief Executives, Santiago, Chile.