A roadmap to "rethinking macro" / Olivier Blanchard and Rafael Portillo -- Debt supercycle not secular stagnation / Kenneth Rogoff -- Rethinking secular stagnation after seventeen months / Lawrence Summers -- Systemic risk and financial regulation -- A note from the session on systemic risk and...

Reforming the trading and financial systems / Antonio Segura Serrano -- Global economic governance and banking regulation : redesigning regulation to promote stakeholder interests / Kern Alexander -- Do we need a world financial organization? / Rosa Maria Lastra -- Critical reflections on bank...

The global financial crisis that started in 2007 sparked several academic debates about the role that financial sector regulators played in the crisis and prompted policy reforms in the financial supervision architectures of several countries. This book focuses on the question of what...

"When the BIS was established in 1930 it had two purposes. The most obvious practical concern was to handle a narrowly technical issue: to create a painless or crisis-minimising method for making the transfer of German postwar reparations payments. But the new institution also had a more...