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.
News
G30 Members in the News
November, 2023
William C. Dudley:
(Nov 23) Virtual Cash Will Survive the Crypto Winter
(Nov 16) Three Things to Prevent a Treasury Market Meltdown
(Nov 1) The Federal Reserve’s Pause Could Go Terribly Wrong
Mark Carney:
(Nov 23) Mark Carney argues that finance needs to go where the emissions are
(Nov 6) Mark Carney: Bank of England, Trussonomics, and Brexit
Agustin Carstens:
(Nov 23) The future monetary system: from vision to reality
(Nov 8) Securing the future monetary system
Ngozi Okonjo-Iweala:
(Nov 21) Ngozi Okonjo-Iweala says open trade is crucial for decarbonisation
Adair Turner:
(Nov 20) On its own, carbon capture is not a climate change panacea
Klaas Knot:
(Nov 13) Challenges for monetary policy that make us think
Gita Gopinath:
(Nov 12) IMF outlook on China's upbeat growth
Paul Krugman:
(Nov 7) Why Did So Many Economists Get Disinflation Wrong?
Daron Acemoglu:
(Nov 6) America’s Real China Problem (With Simon Johnson)
Mohamed A. El-Erian:
(Nov 6) The big central banks need to use their time outs wisely
Janet Yellen:
(Nov 6) There’s a way for the U.S. to compete with China — and to work with China
October, 2023
Raghuram Rajan:
(Oct 31) When More Financial Regulation Is Not Better
Kenneth Rogoff:
(Oct 31) The Stunning Resilience of Emerging Markets
Gita Gopinath:
(Oct 27) The temptation to finance all spending through debt must be resisted
(Oct 13) World’s Weak Growth Outlook Is ‘Troubling,’ IMF’s Gopinath Says
Paul Krugman:
(Oct 23) This is Your Brain On Crime
(Oct 23) The Secret of America’s Economic Success
(Oct 17) Soft Landing, Here We Come?
(Oct 3) Will A.I. Transform the Economy, and if So, How?
Mark Carney:
(Oct 19) Mark Carney on The David Rubenstein Show: Peer-to-Peer Conversations
(Oct 2) Carney Says He Expects Fed to Raise Rates Before Year End
Agustin Carstens:
(Oct 19) Some lessons for crisis management from recent bank failures
Mohamed A. El-Erian:
(Oct 17) US bond market is losing its strategic footing
(Oct 10) Why Mohamed El-Erian favours cash over equities for now
Janet Yellen:
Kenneth Rogoff:
(Oct 5) The Bank of Japan’s Seductive Widow-Maker Trade
Kevin Warsh:
(Oct 4) The Bond Market’s Message
September, 2023
Paul Krugman:
(Sep 29) Wonking Out: Are High Interest Rates the New Normal?
(Sep 26) Is a Recession Near? Paul Krugman and Peter Coy Look Ahead.
(Sep 22) Wonking Out: Making Manufacturing Good Again
(Sep 11) How Goldilocks Came to the U.S. Economy
(Sep 8) Wonking Out: Is the Fiscal Picture Getting Better or Worse? Yes.
(Sep 7) ‘I’m OK, but Things Are Terrible’
(Sep 1) Superstar Cities in the Age of Zoom
John C. Williams:
(Sep 29) Peeling the Inflation Onion, Revisited
Agustin Carstens:
Jason Furman:
(Sep 27) Profits and Losses Don’t Matter at the Federal Reserve
Arminio Fraga and Guillermo Ortiz:
(Sep 25) The Four ‘Syndromes’ Behind Latin America’s Economic Stagnation
(Sep 22) Latin America’s Growth Conundrum
Ngozi Okonjo-Iweala:
(Sep 24) On GPS: WTO head on today's protectionist trend
(Sep 18) Climate & Development Finance: What Works?
Mohamed A. El-Erian:
(Sep 22) The plight of the ‘permacrisis’ and what to do about it
(Sep 8) It’s no longer a given that China will become the world’s largest economy
William C. Dudley:
(Sep 19) Will the Fed Start Believing in a Soft Landing?
Lawrence H. Summers:
(Sep 18) What should the 2023 Washington Consensus be?
(Sep 7) Three big, bold ideas to douse the flames of a world on fire (Co-Authored with Bono)
Daron Acemoglu:
(Sep 14) Can We Have Pro-Worker AI?
Klaas Knot:
(Sep 13) Lessons from Mount Everest - acting now to curb nature-related financial risks
Niall Ferguson:
(Sep 10) The US and China Are Waging a Cold War That Is Truly MAD
Guillermo Ortiz:
(Sep 6) Nearshoring ya está pasando y se requieren cambios para aprovecharlo: Guillermo Ortiz
Gita Gopinath:
(Sep 1) Gita Gopinath on the Global Economy
August, 2023
Daron Acemoglu:
(Aug 31) The Wrong BRICS Expansion
(Aug 2) The Hollywood Writers’ AI Fight Is Everyone’s Fight
Paul Krugman:
(Aug 31) Why Is China in So Much Trouble?
(Aug 29) A S.A.D. Story: What Can We Learn From the 1970s?
(Aug 25) Wonking Out: Hitch Your Wagon to R-Star
(Aug 22) None Dare Call It Victory
(Aug 21) How Scary is China’s Crisis?
(Aug 11) Paul Krugman on AI, Superconductors, and Why Alien Invasions Are Inflationary
(Aug 1) Frying Pans and Fiscal Policy
William C. Dudley:
(Aug 22) Goodbye to the Bull Market for US Treasury Bonds
Mervyn King:
(Aug 22) ‘An intellectual mistake’: Mervyn King on what central banks should do
Jason Furman:
(Aug 20) The Fed Should Carefully Aim for a Higher Inflation Target
(Aug 14) Why is US Inflation Falling?
Lawrence H. Summers:
(Aug 18) What Just Happened: Storm clouds loom for China’s economy
(Aug 18) Will Donald Trump’s Indictments Have Economic Consequences?
Mohamed A. El-Erian:
(Aug 17) Simplifying a Complicated Global Economy
(Aug 7) What US Treasury Volatility Means for the Economy
Raghuram Rajan:
(Aug 14) Unilateral Action on Climate Change Can Have Unintended Consequences
Kenneth Rogoff:
(Aug 7) Europe Must Lead Ukraine’s Reconstruction
Adair Turner:
(Aug 4) In Conversation With: Adair Turner, chairman of the Energy Transitions Commission
July, 2023
Niall Ferguson:
(Jul 30) The Death of Summer
Jason Furman:
(Jul 27) How Biden Can Get Antitrust Right
Raghuram G. Rajan:
(Jul 27) Fed Interest Rates, Mental Health Care, World Cup Preview
William R. Rhodes and Stuart P. Mackintosh:
(Jul 26) Xi should use his sway over Putin to push him to the negotiating table with Ukraine
Lawrence H. Summers:
(Jul 24) The Multilateral Development Banks the World Needs
(Jul 7) Wall Street Week
(Jul 1) The affirmative action ruling is big. Now elite colleges need to think bigger.
Paul Krugman:
(Jul 21) Wonking Out: Discombobulation, Recombobulation and Disinflation
(Jul 20) Beware the New American Triumphalism
(Jul 18) This Green and Expensive Land
(Jul 17) Why We Should Politicize the Weather
(Jul 14) Wonking Out: In Economics, a Game of Teams
(Jul 13) Everything’s Coming Up Soft Landing
(Jul 11) Dude, Where’s My Recession?
(Jul 7) Wonking Out: De-Dollarization Debunked
Mohamed A. El-Erian:
(Jul 20) Finding Growth in a Fractured World
(Jul 18) Just blaming wage growth for inflation is misleading and dangerous
(Jul 17) Markets Are Propelled by What Hasn’t Happened
(Jul 12) El-Erian: Core inflation is still too high
(Jul 9) bl.portfolio interview. Decoupling possible across and within markets: Allianz’s Mohamed El-Erian
(Jul 3) A defining moment for central banking
Kenneth Rogoff:
(Jul 20) A post-war macroeconomic framework for Ukraine
Adair Turner:
(Jul 19) Myths are clouding the reality of our sustainable energy future
Klaas Knot:
(Jul 18) Klaas Knot Pushes Back on Bets for a September Hike
Daron Acemoglu:
(Jul 11) After Affirmative Action
(Jul 11) Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown
(Jul 10) Daron Acemoglu: Power And Progress
(Jul 5) E-discussion | Daron Acemoglu "Power and Progress"
Mario Draghi:
(Jul 11) NBER Martin Feldstein Lecture by Mario Draghi
John C. Williams:
(Jul 11) John Williams: ‘I don’t have a recession in my forecast. I have pretty slow growth’
(Jul 5) CEBRA23 Annual Meeting. Fireside Chat on Monetary Policy: Lessons and Challenges
Agustin Carstens:
(Jul 6) Navigating the Disinflation Journey
William C. Dudley:
(Jul 5) More Deposit Insurance Won’t Make Banks Safe
Niall Ferguson:
(Jul 2) Russia’s Farcical Mutiny Is Deadly Serious for China and Iran
Domingo Cavallo:
Tharman Shanmugaratnam :
(Jul 1) SM Tharman Shanmugaratnam at the FAO Ministerial Conference McDougall Memorial Lecture
June, 2023
William C. Dudley:
(Jun 29) The Great US Treasury Bond Rout Is Far From Over
Daron Acemoglu:
(Jun 28) Would AI-Enabled Communism Work?
(Jun 20) The End of Democratic Capitalism?
(Jun 14) Daron Acemoglu on Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity
(Jun 12) Daron Acemoğlu: Who pays the price for technological progress?
(Jun 12) Will Democracies Stand Up to Big Brother?
(Jun 9) Big Tech Is Bad. Big A.I. Will Be Worse.
(Jun 5) What should we want from machines?
(Jun 2) Power and progress
Agustin Carstens:
(Jun 27) The global economy and financial system must brace for the coming storm
(Jun 25) A time for resolve and realism
Gita Gopinath:
(Jun 27) A global view on economic developments with Gita Gopinath
(Jun 26) Three Uncomfortable Truths For Monetary Policy
(Jun 26) ECB Forum on Central Banking - Monday 26 June
(Jun 5) Central Banks Can Fend Off Financial Turmoil and Still Fight Inflation
(Jun 5) The Power and Perils of the “Artificial Hand:” Considering AI Through the Ideas of Adam Smith
Ngozi Okonjo-Iweala:
(Jun 27) Braving the Headwinds: Rewiring Growth Amid Fragility
(Jun 21) 'Decoupling and fragmentation will be very costly for the world,' says WTO chief
(Jun 8) Why the World Still Needs Trade
Raghuram Rajan:
(Jun 26) Finance and Climate Resilience: Evidence from the long 1950s US Drought
Stuart P. Mackintosh:
(Jun 22) Climate Crisis Economics Webinar
(Jun 16) Future of Finance: Tokenization of Money & Finance - Why Is It a Big Deal?
(Jun 2) Insurers are fleeing states due to climate realities, not ‘anti-woke’ bullies
Mohamed A. El-Erian:
(Jun 21) Persistent UK Inflation Should Worry Everyone
(Jun 13) First Move with Julia Chatterley
(Jun 2) El-Erian Says 'True to 2% Target' Fed Would Hike in June
Paul Krugman:
(Jun 20) Is Taylor Swift Underpaid?
(Jun 16) Wonking Out: Core Inflation Has Gone Rotten
(Jun 9) Wonking Out: How Low Must Inflation Go?
(Jun 8) Orange Skies, Red Alerts and the Future
(Jun 5) The Eyes of the World Are Upon Ukraine
(Jun 2) Wonking Out: Zooming and the Future of Cities
Niall Ferguson:
(Jun 18) America Still Leads the World, But Its Allies Are Uneasy
(Jun 4) China’s Auto Export Wave Echoes Japan's in the ’70s
Lawrence Summers:
(Jun 16) Viva Tech Conference, Paris France, June 16, 2023
(Jun 15) The Other Counteroffensive to Save Ukraine
(Jun 12) 20VC: Larry Summers On How To Manage Inflation
Jean-Claude Trichet:
(Jun 16) ECB's rate hike decision is 'appropriate,' former president says
(Jun 1) INTERVIEW Ex-ECB President Trichet:"We are more vulnerable"
Roger Ferguson:
(Jun 15) The History and Future of the Federal Reserve’s 2 Percent Target Rate of Inflation
Domingo Cavallo:
Kevin Warsh:
(Jun 12) Fmr. Fed Governor Kevin Warsh explains why the Fed needs to strengthen the banking system
Klass Knot:
(Jun 6) Klaas Knot: Bold, but realistic - monetary policy and financial stability
(Jun 1) Klaas Knot: To improve is to change
Roger Ferguson:
(Jun 5) Roger Ferguson: It's going to be a '60/40 go vs. pause discussion' on interest rate hikes
Mark Carney:
(Jun 1) Live – Green Swan 2023: macroeconomics and the net-zero transition
William Dudley:
(Jun 1) The Fed Needs to Push Interest Rates Higher
May, 2023
Gita Gopinath:
(May 31) Rethinking fiscal policy—global perspectives
(May 10) Asia-Pacific an important driver of global growth in 2023: Gita Gopinath
Kenneth Rogoff:
(May 31) Watch CNBC’s full interview with Harvard professor Ken Rogoff
(May 29) The US Debt Ceiling Debacle Is Not Over
(May 11) There is a small chance of a US debt default — even that poses a global risk: Kenneth Rogoff
(May 1) Biden’s South American Blind Spot
Mohamed A. El-Erian:
(May 30) Why the Fed Is Hard to Predict
(May 30) The best response to a debt issue is economic growth, says Allianz's Mohamed El-Erian
(May 23) The only beneficiaries of the debt ceiling saga are U.S. adversaries: Allianz’s Mohamed El-Erian
(May 12) BOE Makes Progress But Will Need Some Help
(May 10) How we can avoid a third phase of banking turmoil
(May 3) Here’s What the Federal Reserve Should Do
(May 1) JPMorgan, First Republic and the Curse of the Second Best
(May 1) First Republic takeover is ‘undoubtedly, unambiguously’ beneficial to JPMorgan: Mohamed El-Erian
Larry Summers:
(May 30) Rethinking fiscal policy—global perspectives
(May 19) Summers talking debt ceiling with Wolf Blitzer
Raghuram Rajan:
(May 26) Not Buying Central Banks’ Favorite Excuse
(May 2) Kopi Time E100 - Raghuram Rajan on fault lines in global finance and economy
Jason Furman:
(May 23) Interview with Jason Furman, Economist and Professor, Harvard University
(May 23) The Fed: Lessons learned from the past three years
Paul Krugman:
(May 23) The Good News on Unemployment for Black Americans
(May 22) Working From Home and Realizing What Matters
(May 19) Wonking Out: Death, Napoleon and Debt
(May 15) Why Are Americans So Negative About the Economy?
(May 12) Wonking Out: Attack of the Pharma Phantoms
(May 9) How to Think About Green Industrial Policy
(May 2) What’s Driving Dollar Doomsaying?
John C. Williams:
(May 22) John C Williams: Measuring the natural rate of interest - past, present, and future
(May 9) This Is the Way
Daron Acemoglu:
(May 8) In Conversation with Daron Acemoglu
Agustin Carstens:
(May 19) Trust and public policies
(May 5) Agustín Carstens speaks about inflation, global growth and a rethink of fiscal and monetary policy
William C. Dudley:
(May 10) What the Fed Missed in Its Bank Crisis Confessional: Bill Dudley
(May 10) Bill Dudley Sees US Inflation Below 3% by End of Year
(May 2) This Debt-Limit Standoff Could Be Really Disastrous
John C. Williams:
(May 9) This Is the Way
Jacques de Larosière:
(May 3) Slow-burning route to financial disorder
Klaas Knot:
(May 2) Mamma Mia, here we go again? Lessons from Silikon Valley Bank and Credit Suisse
Mark Carney:
April, 2023
Jean-Claude Trichet:
(Apr 30) Face to Face: Jean-Claude Trichet – The Agenda full episode
(Apr 9) 'Relationship between Europe and China to continue,' says Jean-Claude Trichet
Mohamed A. El-Erian:
(Apr 28) Policymakers and business need to adapt better to structural uncertainty
(Apr 10) Banking tremors leave a legacy of credit contraction
(Apr 10) I think we can avoid a recession, says Allianz advisor Mohamed El-Erian
(Apr 3) The Fed’s Credibility Problem
Agustín Carstens:
(Apr 27) Innovation and the future of the monetary system
(Apr 17) Monetary and fiscal policies as anchors of trust and stability
William R. Rhodes and Stuart P. Mackintosh:
(Apr 26) How China can learn from the mistakes in US banking culture and oversight
Paul Krugman:
(Apr 25) Which Inflation Measures Matter?
(Apr 21) Wonking Out: Is the American Economy Awesome?
(Apr 14) Wonking Out: International Money Madness Strikes Again
(Apr 10) The Meaning of an Awesome Employment Report
(Apr 4) The Internet Was an Economic Disappointment
Janet Yellen:
(Apr 13) Remarks by Secretary of the Treasury Janet L. Yellen on Way Forward for the Global Economy
John C. Williams:
(Apr 20) Attaining and maintaining price stability
William Dudley:
(Apr 19) When Parsing the Banking Crisis, Don’t Forget Easy Money
Gita Gopinath:
(Apr 14) Monetary policy cyclicality in emerging economies
(Apr 12) Gita Gopinath: ‘Central banks in Latin America need to stay the course’
Ngozi Okonjo-Iweala:
(Apr 14) WTO Director-General: Trade is resilient, but slowing
Lawrence Summers:
(Apr 14) Larry Summers: It’s Dangerous When Everyone Is a China Hawk
Mark Carney:
(Apr 10) Former Bank of England governor Mark Carney on how to keep the lights on
(Apr 4) Bank bail-ins, and how to prevent climate bailouts: podcast
Klaas Knot:
(Apr 7) The digital euro is a better idea than a state savings bank, says DNB boss Klaas Knot
Adair Turner:
(Apr 4) Adair Turner on the transition to a net zero global economy
Domingo F. Cavallo:
Jason Furman:
(Apr 1) Review: Inside the Fed’s frantic efforts to save the economy from the pandemic
March, 2023
Paul Krugman:
(Mar 31) A.I. May Change Everything, but Probably Not Too Quickly
(Mar 21) How Big a Deal Is the Banking Mess?
(Mar 16) Three and a Half Myths About the Bank Bailouts
(Mar 14) How Bad Was the Silicon Valley Bank Bailout?
(Mar 13) Silicon Valley Bank Isn’t Lehman
(Mar 7) Guns, Ships and Chips: On Economic Inflexibility
(Mar 3) Wonking Out: Peering Through the Fog of Inflation
(Mar 2) The Promise and Peril of Biden’s Climate Policy
Christian Noyer:
(Mar 30) "No risk of contagion from the U.S. banking crisis"
Daron Acemoglu:
(Mar 29) To Reconstruct Turkey, Rebuild Its Democracy
(Mar 13) In Search of a New Political Economy
(Mar 13) How to Fix the Platform Economy
Hélène Rey:
(Mar 29) Financial Cycles with Heterogeneous Intermediaries
Kenneth Rogoff:
(Mar 29) Tick TikTok Goes Globalization
(Mar 18) Things are only getting harder for the Fed
(Mar 17) Financial crisis like this go in waves, expect it to continue, says Harvard economist Kenneth Rogoff
(Mar 17) First Move with Julia Chatterley- Featured interview: Economist Ken Rogoff
(Mar 3) Why the Russia Sanctions Are Missing the Mark
Mohamed A. El-Erian:
(Mar 28) What Happens in the Banking Sector Won’t Stay There
(Mar 20) Banking turmoil intensifies the need for better Federal Reserve policymaking
(Mar 19) Credit Suisse Takeover by UBS Is a Bailout: El-Erian
(Mar 12) The policy compromises needed to resolve the SVB implosion
(Mar 8) Fragmented Globalization
(Mar 7) Powell's Comments Unleash Unsettling Volatility
Haruhiko Kuroda:
(Mar 28) Evolution of payments - payment systems for "Neoteric Individuals"
Raghuram G. Rajan:
(March 28) The Fed’s Role in the Bank Failures
(March 18) Game not over for banking crisis, have to wait and watch, says Raghuram Rajan
(March 10) Hard landing or harder one? The Fed may need to choose
Carmen Reinhart:
(March 27) China as an International Lender of Last Resort
Lawrence Summers:
(Mar 24) What Happened to Our Banks? Larry Summers and Dan Tarullo Weigh In
(Mar 24) Larry Summers Urges US Regulators to Pledge to Back Deposits If US Banks Fail
(Mar 22) Larry Summers on Fed's latest rate hike
(Mar 20) The moral and legal case for sending Russia’s frozen $300 billion to Ukraine
(Mar 6) Larry Summers: US economy could hit an 'air pocket' in the coming months
Tidjane Thiam:
(Mar 23) Credit Suisse’s fate casts a shadow over the European banking sector
William Dudley:
(Mar 22) Five Steps to Stop the Next Run on America’s Banks
(Mar 20) Dudley Sees Fed Sticking With QT Even in Face of Banking Strains
(Mar 13) Look Out America, Here Come the Bond Vigilantes
Jason Furman:
(Mar 22) Featured interview: Economist Jason Furman
(Mar 2) To Fight Inflation, Fed Tightening Should Go Faster and Further
Stuart P. Mackintosh:
(Mar 21) The right is wrong: ESG investing did not create the banking crisis
Gita Gopinath:
(Mar 20) Crisis and Monetary Policy
Kevin Warsh:
(March 19) The U.S. Needs Economic Regime Change
Agustín Carstens:
(Mar 17) Are we in a new age of central banking in emerging markets?
(Mar 6) The value of trust
Ngozi Okonjo-Iweala and Tharman Shanmugaratnam :
(Mar 17) Confronting the Global Water Crisis
Jean-Claude Trichet:
(Mar 17) Former ECB President Jean-Claude Trichet weighs in on Credit Suisse and ECB next steps
William R. Rhodes and Stuart P. Mackintosh:
(Mar 16) Who Is to Blame for the New Banking Crisis?
(Mar 10) EACCNY Pulse: Transatlantic Business Insights
(Mar 1) Ukraine war: time for China to use its influence with Putin to create room for peace
Ngozi Okonjo-Iweala:
(Mar 8) Featured interview: WTO Director-General Ngozi Okonjo-Iweala