Is the global economy heading for crisis in 2023? Read predictions from Anat Admati (Stanford Graduate School of Business), Jim O’Neill, and Eswar Prasad (Cornell University), exclusively in this week’s Big Question. bit.ly/3Wh2WcJ

My FT op-ed on the subtle risks of retail CBDCs...to the integrity of central banks, central bank money...if CBDC loaded with cool features that digital money enables tinyurl.com/2s5n3spx (paywall)

My CNBC interview on the state of China's economy tinyurl.com/ym27ny7p

My discussion with Taimur Baig covering China, the dollar, cryptos, CBDCs, the Future of Money! On Taimur's excellent Kopi time podcast tinyurl.com/225zzj6k

My op-ed in Barron's on why China is slipping into deflation and what the government needs to do (soon) to prevent a worsening spiral of stalling growth, declining confidence, and deflation (hint: it will take a lot more than just macro stimulus) tinyurl.com/3zntpwuj

My NYT op-ed on what ails China's economy (hint: it's not just the property market, high debt, weak external demand...rather, concerns about both direction of policies and policymaking process hurting hhold, business confidence...stimulus alone won't help) tinyurl.com/2t3twfyb

The inflation data from PCE--which is what the Fed focuses on--were much better for August than the CPI data. We now have three unambiguously good months in a row for core PCE. Annual rates: 1 month: 1.8% 3 months: 2.2% 6 months: 3.0% 12 months: 3.9%

My FT op-ed on India's economy. Some things to celebrate and a few things to worry about. tinyurl.com/5darxm8a

The crypto industry’s crisis of trust largely stems from consumer-facing platforms like FTX grafting old ways of doing business onto a technology designed to do away with them, argue Ari Juels and Eswar Prasad. bit.ly/47ftSib

My FT op-ed "Wiping out bad data will not solve China’s economic woes" Given the biggest economic problem is lack of confidence in government, pretending everything is fine will only backfire tinyurl.com/mr2njfjt

April 2024 update of Brookings-FT Tiger indexes of global economy now live at brookings.edu/tiger "A feeble recovery characterized by multiple divergences" Financial Times coverage by Sam Fleming (FT) is here: tinyurl.com/25dwjj7x "US and India stoke hopes of global growth in 2024"

On Mon, May 20 at 10:30 am I'll join Brahima S. Coulibaly and The University of Chicago’s Dr. Raghuram Rajan at Brookings to discuss Rajan’s new book: “Breaking the Mold: India’s Untraveled Path to Prosperity.” Register to attend in-person or online here #BreakingtheMold: brookings.edu/events/indias-…

My paper with Bineet Mishra "A Simple Model of a Central Bank Digital Currency" at Journal of Financial Stability now online: sciencedirect.com/science/articl…

My new article in July/Aug issue of Foreign Affairs "Top Dollar: Why the Dominance of America's Currency Is Harder Than Ever to Overturn" foreignaffairs.com/united-states/…

My Financial Times op-ed on China's upcoming third plenum: "China's plenum must offer action not rote slogans". To deal with cyclical & structural problems and rebuild confidence, govt needs a concrete plan, should get started on reforms, and offer some stimulus ft.com/content/8b4f3e…

My Financial Times FT Opinion piece on how Thailand's "helicopter drops of money" thru digital wallets offers insights into how CBDCs could be used one day. Exciting possibilities + a lot to worry about. "Thailand may tell us a great deal about the future of money" ft.com/content/9194ca…

My New York Times Opinion piece on the many unfulfilled promises of crypto, and why you should beware of politicians hyping up crypto nytimes.com/2024/08/09/opi…

My latest in FT Opinion "The People's Bank of China Has a Transparency Problem" PBoC lacks statutory independence but would still be more effective (and avoid market turmoil) if it did a better job of communicating its strategy and policy actions ft.com/content/33abc6…

Oct. 24 update of The Brookings Institution -Financial Times TIGER (Tracking Indexes for Global Economic Recovery). Full set of indexes and commentary at brookings.edu/tiger; Financial Times coverage by Sam Fleming (FT) “Fragile confidence hinders global economic recovery” tinyurl.com/2j9nee9j

My column in Project Syndicate: “The Global Economy’s Hidden Weaknesses” tinyurl.com/yaakfv3p