Members in the News

  • Rogoff Discusses the Death of Inflation
  • September 8, 2014
  • In an opinion piece for Business Standard, G30 member and professor of Public Policy and Economics at Harvard, Kenneth Rogoff, dicusses whether or not inflation is truly dead. Rogoff suggests that inflation is a social choice instead of a technocratic one, and warns that many of the political and social factors that have restricted inflation in the past are now retreating. Inflation, while dormant now, may return in the future.
  • Summers on Secular Stagnation
  • September 7, 2014
  • In an article written for Financial Times, G30 member and Charles W. Eliot University Professor at Harvard University, Lawrence Summers, suggests that bold reform may the only solution secular stagnation in the United States. Summers writes that active support for demand will be neccessary, but ultimately insufficient at achieving growth of even 2 percent over the next decade. Summers argues that bold structural reform, such as infrastructure investment and immigration reform, will be essential in increasing the productivity and size of our labor force.
  • Hildebrand on the European Central Bank
  • August 18, 2014
  • In an article in the Financial Times, G30 member and Vice Chairman of BlackRock, Philipp Hildebrand discusses monetary policy in the eurozone and warns that the European Central Bank should not follow the example of the Federal Reserve in their quantative easing measures. Mr. Hildebrand emphasizes that the problems with the ECB are structural and that Europe needs to fix its banking system in order to facilitate economic growth.
  • Rajan Discuses Financial Inclusion in India
  • August 11, 2014
  • In a speech, G30 member and Governor of the Reserve Bank of India, Raghuram Rajan speaks about the perils of crony capitalism and offers a solution, India’s new plan to increase financial inclusion. Rajan argues that improving financial inclusion through cash transfers to the poor will empower the poor and force providers to improve their services through competition, eventually breaking the cycle of corruption and poor public services.
  • Bill Rhodes Discusses Risk Culture
  • August 7, 2014
  • In an article in the Financial Times, G30 member William R. Rhodes discusses ,management and risk culture within financial institutions. He encourages "leaders of financial institutions and their regulators in the US, UK, Japan, the eurozone and China...[to] come together to candidly exchange views and explore ways to channel risk activities on to a surer course."
  • Kuroda's Views on Asia's Contributions to the Global Economy
  • July 24, 2014
  • In a speech, G30 member and Governor of the Bank of Japan, Haruhiko Kuroda, discusses current changes and future challenges for Asian economies. Governor Kuroda also offers possible counter measures and policy options for dealing with these challenges to preserve growth.

    .
  • Stanley Fischer Gives Martin Feldstein Lecture
  • July 10, 2014
  • Vice Chairman of the Federal Reserve and former G30 member, Stanley Fischer, delivered the Martin Feldstein Lecture at the NBER. During his remarks, Vice Chair Fischer referenced recommendations from the 2009 G30 report, Financial Reform: A Framework for Financial Stability. The report can be downloaded here.
  • Draghi Delivers Tommaso Padoa-Schioppa Memorial Speech
  • July 9, 2014
  • Mario Draghi, G30 member and President of the European Central Bank, delivered the keynote speech at the Tommaso Padoa-Schioppa Memorial Lecture. In his speech Mr. Draghi argued for increased cohesion and integration in the euro area through community level governance over fiscal and structural policies.

  • Kuroda on Japan's Economic Outlook
  • June 23, 2014
  • G30 member and Governor of the Bank of Japan, Haruhiko Kuroda, outlines the state of Japan’s economy today, and the outlook for economic activity and prices as the Bank continues to pursue a 2 percent price stability target. Governor Kuroda also speaks about some of the challenges the Bank faces in strengthening Japan’s growth potential.

Member Publications

t
t
  • Long-term Finance and Economic Growth
  • 2013
  • The report examines critical constraints on the supply of long-term finance and calls for reforms that can strengthen the flow of capital into long-term investments by governments, institutional and individual investors.