News


G30 Members in the News

Members of the Group of Thirty are engaged in a wide variety of financial and economic issues, frequently offering their perspectives, ideas, and solutions. Below is a list of articles and interviews that G30 members have contributed in their personal capacities.

August, 2022

Raghuram Rajan:

(Aug 2) The Post-Inflation Economy That Could Be

Paul Krugman:

(Aug 2) Who's Embargoing Whom?

(Aug 5) Wonking Out: The Meaning of Falling Inflation

(Aug 11) Was There a Biden Boom?

Jason Furman:

(Aug 2) America's Wage-Price Persistence Must Be Stopped

(Aug 9) Record US productivity slump in first half of 2022 risks higher inflation and unemployment

(Aug 12) One Good Inflation Report Isn't Enough

Bill Dudley:

(Aug 1) Wishful Thinking Won’t Help the Fed Beat Inflation

Kenneth Rogoff:

(Aug 1) Fiscal Policy Should Return to Fundamentals

(Aug 9) Chess and Geopolitics in the Supercomputer Era

Mohamed A. El-Erian:

(Aug 1) Why Stocks Took a July Vacay From Fundamentals

(Aug 11) The better news on inflation must be sustained

(Aug 15) Fed Needs to Resist Opting Again for Quick and Easy

Daron Acemoglu:

(Aug 9) Why Taiwan Matters

 

July, 2022

Lawrence Summers:

(July 27) Bad news for the Fed from the Beveridge space

Mohammed A. El Erian:

(July 5) Believe It or Not, the Market Has Three Silver Linings

(July 11) Investors Should Think Risk Factors, Not Asset Classes

(July 21) The Problem with the Current Russia Sanctions Regime

(July 22) The Fed is Failing in Four Ways

Paul Krugman:

(July 1) Wonking Out: Taking the 'Flation' Out of Stagflation

(July 8) Wonking Out: Rockets, Feathers, and Prices at the Pump

(July 12) The Humbug Economy

(July 19) Infation: A Revolution of Falling Expectations

(July 22) Wonking Out: What's the Matter with Italy?"

(July 26) Recession: What Does it Mean?

(July 29) Wonking Out: Much Ado About Wages

Jason Furman:

(July 18) The Quants in the Room: How Much Power Do Economists Really Have?

Bill Dudley:

(July 14) What It Will Take for the Fed to Tame Inflation

Daron Acemoglu:

(July 11) The Upside of Polarization?

(July 25) Environmental Tariffs Could Be a Game Changer

Masaaki Shirakawa:

(July 7) My wish list for monetary policymakers to reflect on

Kenneth Rogoff:

(July 4) The Energy Price Roller Coaster

Ngozi Okonjo-Iwaela:

(July 1) The WTO is Back

 

June, 2022

Paul Krugman:

(June 28) Technology and the Triumph of Pessimism

(June 24) Wonking Out: Hot Economies and High Prices

(June 14) How America Lost Its Edge

(June 13) What a Dying Lake Says About the Future

(June 10) Wonking Out: Why Monetary Policy Has Gotten So Hard

(June 3) Wonking Out: How Low Must Inflation Go

(June 2) The Perverse Politics of Inflation

Mohamed A. El-Erian:

(June 21) UK’s Discontent Risks Deepening a Longer-Term Malaise

(June 20) Central Banks and markets share a secular awakening

(June 15) Federal Reserve Must Do More Than Raise Rates by 75 Points

(June 7)  Saudi Arabia is Swinging Again- But For How Long?

Daron Acemoglu:

(June 8) Understanding the New Nationalism 

Jason Furman:

(June 6) The US and Europe Have Different Inflation Problems 

Kenneth Rogoff:

(June 6) What’s the Crypto Regulation Endgame?

Tharman Shanmugaratnam:

(June 6) Confronting a Perfect Long Storm

Raghuram Rajan:

(June 3) Just Say No to “Friend-Shoring”

John C Williams:

(June 1) The Song Remains the Same

 

May, 2022

Jason Furman:

(May 31) Will US Consumers Keep Spending

(May 19) What should we learn from the economic policy response to COVID-19?

(May 11) Things may look shaky, but recession isn’t certainty

(May 6) The US labor market could be cooling down

(May 2) A Global Tax System Is Good for the U.S.

Arminio Fraga:

(May 23) Global challenges bring risks and opportunities for Brazil

Gita Gopinath:

(May 22) Why We Must Resist Geoeconomic Fragmentation—And How with Kristalina Georgieva and Ceyla Pazarbasioglu

Mohamed El-Erian:

(May 22)  Davos Meetings Are Full of Potential But Rarely Full of Solutions

(May 17) The dollar’s rapid rise increases risks for global economy

(May 13) Beware a Global Economy with Little Fires Everywhere

(May 2) Fed Needs to Do More Than Raise Interest Rates

(May 2) Investors face volatility as demand stalls amid supply disruptions

Philipp Hildebrand:

(May 20) Inflation Is a Supply Issue for BlackRock’s Hildebrand

Paul Krugman:

(May 19) How the West Is Strangling Putin’s Economy

Ngozi Okonjo-Iweala: 

(May 18) Forward Thinking on trade, vaccines, and sustainable and inclusive growth with WTO Director-General Ngozi Okonjo-Iweala

William Dudley:

(May 11) The Fed Needs to Get Real About Interest Rates

Daron Acemoglu: 

(May 10) Daron Acemoglu Says More…

Raghuram Rajan:

(May 6) We need to revitalise the world economy in inclusive ways

Kenneth Rogoff:

(May 5) The odds of a global recession are rising by the day

(May 4) The Fed Does Not Deserve All the Inflation Blame

Lawrence H. Summers:

(May 2) Fed behind the curve on preventing US recession with Alex Domash

Carmen Reinhart: 

(May 2) Private-Debt Risks Are Hiding in Plain Sight with Leora Klapper

 

April, 2022

Mohamed El-Erian:

(April 28) Mohamed El-Erian: inflation, disinflation and the mistakes of central bankers

(April 22) The Growth Engines Are Sputtering

(April 11) Monetary policy must serve the real economy not just financial markets

(April 8) Why the Federal Reserve's Shrinking Balance Sheet Matters

(April 4) Stocks' mysterious strength should not stop investors acting

Hélène Rey: 

(April 27) Global Portfolio Rebalancing and Exchange Rates with Nelson Camanho and Harald Hau

(April 14) Transitioning to net zero CO2 is no longer an option

William R. Rhodes:

(April 27) Op-ed: The four big threats to China's economy with Stuart Mackintosh

William Dudley:

(April 27) Why did the Federal Reserve get inflation so wrong and can it now get it right?

(April 6) If Stocks Don't Fall, the Fed Needs to Force Them

Paul Krugman:

(April 26) Food, Fertilizer and the Future

(April 15) Wonking Out: Why the Dollar Dominates

(April 12) Inflation is About to Come Down — but Don’t Get Too Excited

(April 5) What Ever Happened to the Great Resignation?

Kenneth Rogoff:

(April 26) The Growing Threat of Global Recession

Raghuram Rajan:

(April 22) Regulating the Crypto Wild West

John C. Williams:

(April 21) Macroeconomic Drivers and the Pricing of Uncertainty, Inflation, and Bonds with Brandyn Bok and Thomas M. Mertens

(April 2) A Time of Uncertainty

Jason Furman: 

(April 20) This Inflation Is Demand-Driven and Persistent

(April 12) Even in a Hot Economy, Wages Aren’t Keeping Up With Inflation

Agustín Carstens:

(April 18) CBDCs for the People with H.M. Queen Máxima of the Netherlands

(April 5) The return of inflation

Carmen Reinhart: 

(April 15) The Reversal Problem: Development Going Backwards with Eduardo Olaberria

(April 15) Central banks have tough job keeping inflation in check

(April 5) A Russian default would stack risks onto a stressed world

Gita Gopinath:

(April 14) IMF's Gopinath on Pandemic, Global Growth, Inflation

(April 5) A Global Strategy to Manage the Long-Term Risks of COVID-19 with Ruchir Agarwal, Jeremy Farrar, Richard Hatchett, and Peter Sands.

Lawrence H. Summers:

(April 13) Overheating conditions indicate high probability of a US recession with Alex Domash

(April 6) Trade barrier reduction is the most important anti-inflation competition policy

Mark Carney:

(April 12) Climate Policy is Macro Policy

Tidjane Thiam:

(April 12) Tidjane Thiam: 'Africa is engaged in a battle for innovation'

Kenneth Rogoff:

(April 1) Can the World Afford Russia-Style Sanctions on China?

(April) The Long-lasting Economic Shock of War

 

March, 2022

Mohamed El-Erian:

(March 31) Ukraine War Hastens Investor Migration to Private Markets

William Dudley:

(March 29) The Fed Has Made a U.S. Recession Inevitable

Masaaki Shirakawa: 

(March 24) Looking behind the monetary policy curve

Kenneth Rogoff:

(March 24) INTERVIEW: The world on the cusp of a second cold war with far reaching economic pains 

Raghuram Rajan:

(March 23) India's choice: mindless subsidies or healthy minds and bodies with Rohit Lamba

William R. Rhodes:

(March 23)  Act now to prevent a new sovereign debt crisis in the developing world with John Lipsky

Ngozi Okonjo-Iweala:

(March 23) The World Must Avoid Another Food Crisis

Paul Krugman: 

(March 22) Odessa and the Ukraine That Should Have Been

Mohamed El-Erian:

(March 22) El-Erian Says Fed Has Lost Credibility on Inflation

Mohamed El-Erian:

(March 22) Markets Are Pushing Fed Into Developing-Economy Territory

Lawrence H. Summers:

(March 17) The stock market liked the Fed's plan to raise interest rates. It's wrong

Lawrence H. Summers:

(March 17) The Fed Must Do Much More to Fight Inflation—And Fast

Raghuram G. Rajan:

(March 17) Economic Weapons of Mass Destruction

Lawrence H. Summers:

(March 15) The Fed is charting a course to stagflation and recession

Paul Krugman: 

(March 15) How Not to Have a Putin Recession

Mohamed El-Erian:

(March 15) Market fallout from Ukraine war combines the risks of past crises

Mohamed El-Erian:

(March 14) Federal Reserve Faces a Policy Dilemma of Its Own Design

Jason Furman: 

(March 10) Will anchored inflation expectations actually anchor inflation?

Mohamed El-Erian:

(March 9) ‘Buy the Dip’ Is No Longer a Sure Thing for Investors

Paul Krugman: 

(March 8) How The Putin Shock Might Affect the World Economy

Damon Acemoglu:

(March 8) Closing Tax Havens Is the True Test of West's Resolve

Mohamed El-Erian:

(March 7) The Ukraine War's Multifaceted Economic Fallout

Jason Furman:

(March 6) Bad News About the Good Inflation News

Paul Krugman:

(March 3) America's Very Peculiar Economic Funk

Hélène Rey:

(March 3) For a sustainability and growth pact

Roger W. Ferguson Jr.:

(March 3) Stagflation: Real Threat or Imagined?

Kenneth Rogoff:

(March 2) Is the Peace Dividend Over?

Carmen Reinhart:

(March 1) Shining a Light on Debt  with Ceyla Pazarbasioglu

Paul Krugman:

(March 1) War, What Is It Good For?

Arminio Fraga:
(March) A Call for New Fiscal Rules

 

February, 2022

Lawrence H. Summers: 

(February 28) The Coming Rise in Residential Inflation with Marijn A. Bolhuis & Judd N. L. Cramer

William Dudley:

(February 28) Markets Still Don't Get How Far the Fed Might Go

Mohamed El Erian: 

(February 28) The Fed's Historic Error

Roger W. Ferguson Jr.:

(February 25) Lessons for Today from the “Great Inflation”

Klaas Knot: 

(February 25) A Global Europe to Meet Global Financial Stability Challenges

Jason Furman: 

(February 25) The Economic Consequences of the Ukraine War

Klaas Knot:

(February 22) The Road Ahead: Lifting Barriers for Cross-Border Payments

Kevin Warsh:

(February 21) The Inflation Mess and a Financial Refuge with Joshua Rauh

John C. Williams:

(February 18) Restoring Balance

William Dudley:

(February 17) US Treasury's Golden Fed Goose Is About to Get Cooked

Raghuram Rajan:

(February 14) An Alternative Vision for India's Growth with Rohit Lamba

Carmen Reinhart:

(February 11) The Return of Global Inflation with Clemens Graf Von Luckner

Mohamed El Erian:

(February 7) Fed and ECB still behind the inflation curve

William Rhodes: 

(February 4) Debt crisis redux with Stuart Mackintosh

Hélène Rey:

(February 3) Anatomy of Inflation

Lawrence H. Summers:

(February 3) On inflation, we can learn from the mistakes of the past - or repeat them

Mohamed El Erian:

(February 1) The Winter of Our Discomfort

William Dudley:

(February 1) The Fed Knows What It Needs to Do. Now Comes the Tricky Part.

Paul Krugman:

(February 1) Can the Fed Let Us Down Easy?

Kenneth Rogoff:

(February 1) The Fed's Wary Embrace of Digital Dollars

Lawrence H. Summers:

(February) How Tight are U.S. Labor Markets? with Alex Domash

 

January, 2022

William Rhodes: 

(January 31) Stemming a Sovereign-Debt Crisis

Mohamed El-Erian:

(January 31) Stock Market Volatility Will Persist – For Now

Raghuram Rajan:

(January 31) The End of Free-Lunch Economics

William Dudley:

(January 31) How to Prevent the Coming Sovereign Debt Crisis

Jason Furman:

(January 27) The economy grew faster than expected in 2021, but the pandemic transformed its composition

Philipp Hildebrand: 

(January 27) The Old Inflation Playbook No Longer Applies

Mohamed El-Erian: 

(January 26) Fed Does What’s Expected, Not What’s Needed

Hélène Rey:

(January 25) Is this Time Different? Financial Follies across the Centuries

Hélène Rey:

(January 22) Exorbitant Privilege and Exorbitant Duty with Pierre-Olivier Gourinchas

Paul Krugman:

(January 21) Wonking Out: Honey, I Shrank the Economy's Capacity

Klaas Knot:

(January 18) The Ability and the Will to Act

Jason Furman: 

(January 17) Why Did Almost Nobody See Inflation Coming?

Paul Krugman:

(January 17) Why a Blue City Is Feeling the Blues

John C. Williams:

(January 14) Reading the Recovery

Jason Furman:

(January 13) Four Reasons to Keep Worrying About Inflation

William Dudley:

(January 12) Don't Freak Out About the Fed's Big Balance Sheet

William Dudley:

(January 10) The Federal Reserve Needs to Get a Lot More Hawkish

Roger Ferguson:

(January 7) Inflation: Learning the Proper Lessons From History

Jason Furman:

(January 7) The US labor market recovered rapidly in 2021 but still fell short even before Omicron wave with Wilson Powell III

Mohamed El-Erian:

(January 4) The key to 2022 will be how inflation is brought down

Kenneth Rogoff:

(January 3) Why is the IMF Trying to Be an Aid Agency? 

 

December, 2021

Gita Gopinath:

(December 31) Dominant Currency Paradigm: A Review with Oleg Itskhoki

Kevin Warsh:

(December 12) The Fed is the Main Culprit 

Masaaki Shirakawa:

(December 10) Have Central Banks Moved to Break the Monetary Policy Vicious Cycle?

William Dudley:

(December 8) The Next Fed Meeting Will Offer More Surprises 

Jacques de Larosière:

(December 7) ECB Should Follow Fed and Tighten Policy with David Marsh

Gita Gopinath:

(December 3) Addressing Inflation Pressures Amid an Enduring Pandemic

Mohamed El-Erian:

(December 2) Can the Fed Overcome Its Transitory Policy Mistake?

Daron Acemoglu:

(December 2) The Supply Chain Mess

Tharman Shanmugaratnam & Lawrence H. Summers:

(December 1) Rethinking Multilateralism for a Pandemic Era with Ngozi Okonjo-Iweala

 

G30 Members on the Covid-19 Crisis: 

Daron Acemoglu:

(March 11, 2021) Vaccine Nationalists Are Not Immune

(July 6, 2021) The Real Inflation Risk

Mark Carney: 

(March 19, 2021) A chance to reboot globalisation

William Dudley:

(February 25, 2021) The Fed May Need to Head Off a Money-Market Mess

(April 7, 2021) This Bank Regulation is Undermining the Recovery 

Mohamed A. El-Erian:

(June 27, 2021) Delta Varient Adds Urgency to Nations' Covid Response

(July 6, 2021) Central Banking, Fast and Slow

Jason Furman:

(July 30, 2021) US workers are getting large raises, but not enough to keep up with higher inflation with Wilson Powell III

(September 3, 2021) Delta slows US labor market recovery in August but effect is much smaller than first wave with Wilson Powell III

Gita Gopinath

(May 19, 2021) A Proposal to End the COVID-19 Pandemic with Ruchir Agarwal

(July 27, 2021) Drawing Further Apart: Widening Gaps in the Global Recovery

(August 10, 2021) Coming Together with Vitor Gaspar

Mervyn King

(June 7, 2021) Make No Mistake, the Risk of Inflation is Real

(July 19, 2021) Quantitative Easing is a 'Dangerous Addiction'

Klaas Knot:

(April 22, 2021) From intensive care to full recovery - finding the way out of the Covid crisis

(May 11, 2021) Rebuilding resilience: The financial system after the Covid crisis

(June 11, 2021) The case for fiscal stabilization in a low interest rate environment

Paul Krugman: 

(March 15, 2021) The Pandemic and the Future City

(June 21, 2021) The Week Inflation Panic Died

(August 13, 2021) Wonking Out: Who Knew Used Cars and Shipping Containers Would Matter So Much?

Jacques de Larosière:

(July 7, 2021) Central banks must change course to avoid possible financial crisis

Raghuram Rajan: 

(July 21, 2021) A lopsided recovery from the pandemic bodes ill for emerging economies

(August 2, 2021) The Dangers of Endless Quantitative Easing

William Rhodes:

(March 3, 2021) The threats to recovery with Stuart Mackintosh

(March 9, 2021) Consider a debt for vaccines program with Cristina Valencia

Kenneth Rogoff: 

(February 5, 2021) The Perils of an Uneven Global Recovery

(March 1, 2021) Are Inflation Fears Justified?

(July 16, 2021) Don’t panic: a little inflation is no bad thing

Lawrence H. Summers:

(February 4, 2021) The Biden stimulus is admirably ambitious. But it brings some big risks, too

(August 26, 2021) It’s time for the Fed to rethink quantitative easing

Jean-Claude Trichet:

(January 20, 2021) Préparer l’économie et la société aux défis de demain

Axel Weber:

(February 17, 2021) Will Inflation Make a Comeback?

John C. Williams:

(May 4, 2021) The economic recovery - are we there yet?

(September 8, 2021) Ever Upward

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