The Group of Thirty aims to deepen understanding of international economic and financial issues, and to explore the international repercussions of decisions taken in the public and private sectors. The Group is characterized by its knowledge of the past and broad-minded, forward thinking.
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Kenneth Rogoff: "Is This the Beginning of the End of Central Bank Independence?"
Recent Publications
Pull, Push, Pipes: Sustainable Capital Flows for a New World Order
2019 — In this Occasional Paper, Governor Mark Carney of the Bank of England argues that capital flow volatility is rising because of the fundamental asymmetry in the international monetary financial system and the rapid rise of market-based finance. Learn more »
Is This the Beginning of the End of Central Bank Independence?
2019 — This Occasional Paper is adapted from a speech delivered by Kenneth Rogoff at the 2019 G30 Occasional Lecture. The paper discusses the importance of central bank independence and recent trends which may undermine it. Learn more »
Member News
The True Toll of the Trade War
September 16, 2019 — In a recent op-ed, Raghuram Rajan, Professor of Finance at the Chicago Booth School of Business and former Governor of the Reserve Bank of India, argues that the current trade war between the United States and China has marked an end to the postwar trade order that was based on the belief that any country's growth benefits all. Rajan writes that to prevent the calamitous economic consequences of a new conflict, countries should come together to forge a new trade order that accommodates multiple economic powers and ensure that every country behaves responsibly in the system.