IMF New Economics Books Tackle China, Wheat, Equality, and the Dollar

 

Dear maria, We just published a new blog—please find the full text below.  New Economics Books Tackle China, Wheat, Equality, and the Dollar (PHOTO: SUSAN Q. YIN/UNSPLASH) By Jeff Kearns Amid war and inflation, debt and fragmentation, now may be a better time than ever to step back and consider the bigger and more enduring questions of lives and livelihoods. Authors from Cambridge economist Diane Coyle to Bank of Japan veteran Masaaki Shirakawa have provided more than enough reason to put down our phones and concentrate, as much as one can, on absorbing the larger lessons from leading thinkers. Below is a selection of volumes worth picking up, drawn from books recently reviewed in the IMF’s Finance & Development magazine. A Brief History of Equality Thomas Piketty’s surprisingly optimistic account of progress toward equality shows that societies have moved toward measurable improvements in the quality of life and fairer distribution of income and assets, but it will take novel solutions to address today’s inequities. His proposed solutions include a return to greater fiscal progressivity: significantly steeper income tax rates on high earners, a global wealth tax on the well-off, basic income programs, and cancellation of debts. Oceans of Grain: How American Wheat Remade the World Scott Reynolds Nelson of the University of Georgia argues that wheat plays a key role in the rise and fall of empires. The book is a financial history, and the best passages chronicle international commodity markets bound increasingly together by wheat. The United States vs. China: The Quest for Global Economic Leadership C. Fred Bergsten , founder of the Peterson Institute for International Economics, writes that the United States inevitably will have to share global economic leadership with China. He rejects as fanciful such notions as “containing” China or persuading it to adopt Western views. The relevant question is which shape a sharing of leadership may take. The Global Currency Power of the US Dollar: Problems and Prospects The US dollar continues to play a predominant role in the global financial system, with enormous spillover effects for US monetary policy. Anthony Elson, a former IMF staff economist, explores the reasons for this phenomenon and the prospects for the future, tracing the historical roots of widespread dollar use for trade and financial flows to the emergence of the United States as the world’s largest economy after World War II. Career and Family: Women’s Century-Long Journey Toward Equity Harvard’s Claudia Goldin argues US women have made extraordinary gains in the world of work over the past century. Most no longer need choose between having a child or a job. Women’s college enrollment and graduation rates outstrip men’s. And opportunities have expanded enough to give many women the possibility of not just a job, but a career. Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy Jeffrey E. Garten of the Yale School of Management details President Richard Nixon’s 1971 decision to close the “gold window,” chronicling how he transformed the dominant narrative about doing so: from a mea culpa that acknowledged lax US policies and abrogation of its international responsibilities, to one that proclaimed a triumphant fresh start for its place in the world, which went down well with his domestic audience. Harry White and the American Creed: How a Federal Bureaucrat Created the Modern Global Economy (and Failed to Get the Credit) Bronze busts of John Maynard Keynes and Harry Dexter White stand on pedestals in the anteroom of the IMF’s Executive Board. While innumerable books and biographies have been written about the former, much less is known about the latter. Former IMF Historian James M. Boughton redresses this imbalance in his superb biography of White. Cogs and Monsters: What Economics Is, and What It Should Be Cambridge economist Diane Coyle examines how upheavals from the global financial crisis to the pandemic cast doubt on earlier beliefs and fueled existing skepticism about capitalism and economics more broadly. She also describes what plagues the profession itself, including entrenched networks preventing fresh ideas, an aggressive debating culture, and a lack of gender and racial diversity. Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank ECB officials including Massimo Rostagno, head of the Directorate General Monetary Policy, provide a masterful analysis of challenges this young institution faced in its first two crisis-prone decades and how it grappled with a monetary union still in the making. Most are familiar with President Mario Draghi’s 2012 “whatever it takes” dictum, which addressed the existential threat to the euro, but few will be aware of behind-the-scenes early push for creation of the European Stability Mechanism, which made its (never used) Outright Monetary Transaction tool effective in resolving the euro area crisis. The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance Among many changes in today’s digital economy, disruption is also occurring in one of the most fundamental technologies: money itself. Cornell University’s Eswar Prasad puts this in broader context. He argues that for all the digital innovation in finance in the past decades, we are standing on the precipice of what may be an even more dramatic change, with broad social, economic, and political implications. Where Credit Is Due: How Africa’s Debt Can Be a Benefit, Not a Burden Economist Gregory Smith outlines an approach he calls “borrowing with purpose” that involves linking public borrowing with clear development strategies, better coordination among official creditors, more responsible and “virtuous” actions by private creditors, and flexibility by the “umpires and architects” of the international system. Smith devotes a chapter to China’s lending to Africa, detailing its scale, terms, nature, purposes, and risks, and discusses the country’s debt relief to African nations over decades. Tumultuous Times: Central Banking in an Era of Crisis Tough economic circumstances shaped Masaaki Shirakawa’s four decades at the Bank of Japan. The economic miracle faded, a bubble inflated and burst, and lost decades ensued. Shirakawa provides an insider’s account of central bank policies and candidly recounts interactions within the government and Parliament. It argues that the first goal of the central bank is financial stability, even before price stability. This challenges the conventional view that price stability should be the primary goal of monetary policy.   We Want To Hear From You! Click here for a 3-question survey on IMFBlog. Jeff Kearns Managing Editor IMF Blog jkearns@IMF.org

The Prime Minister, Justin Trudeau, today issued the following statement on..

Prime Minister launches Canada’s first Federal 2SLGBTQI+ Action Plan to continue building a more inclusive future, with pride

August 28, 2022
Ottawa, Ontario

No matter who you are or who you love, you should have every opportunity to succeed in Canada. The Government of Canada has taken historic action in recent years to build a better, more inclusive future for Two-Spirit, lesbian, gay, bisexual, transgender, queer, intersex, and additional sexually and gender diverse people (2SLGBTQI+), and we know there is more to be done.

The Prime Minister, Justin Trudeau, joined by the Minister for Women and Gender Equality and Youth, Marci Ien, today launched Canada’s first Federal 2SLGBTQI+ Action Plan… Building our future, with pride, a whole-of-government approach to achieve a future where everyone in Canada is truly free to be who they are and love who they love.

The Action Plan will:

• Prioritize and sustain 2SLGBTQI+ community action by supporting 2SLGBTQI+ community organizations in advocating for and serving the communities they represent;
• Continue to advance and strengthen 2SLGBTQI+ rights at home and abroad including by building on the criminalization of conversion therapy and launching consultations on additional criminal law reforms, as well as continuing to invest in projects abroad through Canada’s Feminist International Assistance Policy;
• Support Indigenous 2SLGBTQI+ resilience and resurgence including by continuing to fund Indigenous 2SLGBTQI+ community organizations, placing the “2S” to represent Two-Spirit people at the front of the 2SLGBTQI+ acronym, and creating a dedicated Two-Spirit Senior Advisor position within the 2SLGBTQI+ Secretariat;
• Engage everyone in Canada in fostering a more inclusive future by investing in awareness campaigns to improve understanding of 2SLGBTQI+ communities and issues;
• Strengthen 2SLGBTQI+ data and evidence-based policy making by improving data collection, analysis, research, and knowledge on 2SLGBTQI+ communities and the barriers they face in Canada; and
• Embed 2SLGBTQI+ issues in the work of the Government of Canada by ensuring coordinated action to advance 2SLGBTQI+ priorities across federal government organizations.

U.S. Department of State Weekly Digest Bulletin

Deputy Secretary Sherman’s Meeting with Head of Cabinet of the President of the European Council Bernard
08/23/2022

Deputy Secretary Sherman’s Meeting with Head of Cabinet of the President of the European Council Bernard
08/23/2022 09:56 PM EDT



Office of the Spokesperson

The below is attributable to Spokesperson Ned Price:

Deputy Secretary of State Wendy Sherman met with Frederic Bernard, head of cabinet of the President of the European Council, today in Washington, D.C. Deputy Secretary Sherman welcomed the EU’s continued strong financial, humanitarian, and military support to Ukraine and the unprecedented U.S.-EU and transatlantic unity in response to Russia’s unprovoked war against Ukraine. The Deputy Secretary also reaffirmed the importance of U.S.-EU cooperation in support of a free and open Indo-Pacific and peace and stability across the Taiwan Strait. She also praised EU efforts to work towards peace and prosperity in the Western Balkans.




俄罗斯对乌克兰发动的战争：散布谎言六个月之久
08/24/2022

俄罗斯对乌克兰发动的战争：散布谎言六个月之久
08/24/2022 08:10 AM EDT




“我们每天都在战斗，以使地球上的每个人最终都明白：我们不是一块殖民地，不是一块飞地，不是一个保护国。不是一个州，不是一个省，不是一块皇室土地，也不是一个外国帝国的一部分，不是‘某片土地的一部分’，不是一个加盟共和国。也不是一个自治区，不是一个省份，而是一个自由、独立、拥有主权的不可分割的独立国家。”

KREMLIN's latest news

Weekly information newsletter 

August 22 − 29, 2022

Economy

Meeting with Head of the Federal Taxation Service Daniil YegorovAugust 25, 2022, 13:30

Meeting with VEB.RF State Development Corporation Chairman Igor ShuvalovAugust 23, 2022, 14:15

Education

Instruction on preparations for the 2022/23 academic year in the DPR, the LPR, the Zaporozhye, Kharkov and Kherson regionsAugust 24, 2022, 15:55

Foreign Policy

Executive Order on payments to citizens of DPR, LPR, Ukraine and stateless persons who were forced to leave their countries and arrived in RussiaAugust 27, 2022, 15:55

Executive Order on interim measures to resolve legal status of DPR, LPR and Ukraine residents in RussiaAugust 27, 2022, 15:50

Telephone conversation with Prime Minister of Armenia Nikol PashinyanAugust 24, 2022, 10:10

Telephone conversation with President of Tajikistan Emomali RahmonAugust 23, 2022, 12:10

Telephone conversation with President of Uzbekistan Shavkat MirziyoyevAugust 22, 2022, 12:00

Regions

Meeting with Tomsk Region Acting Governor Vladimir MazurAugust 22, 2022, 14:05

Social Sector

Instructions following State Council Presidium meetingAugust 24, 2022, 20:00

Instruction on preparations for the 2022/23 academic year in the DPR, the LPR, the Zaporozhye, Kharkov and Kherson regionsAugust 24, 2022, 15:55

Healthcare

Meeting with Tomsk Region Acting Governor Vladimir MazurAugust 22, 2022, 14:05

ΤΟΠΙΚΗ ΔΗΜΟΣΙΟΓΡΑΦΙΑ ΔΗΜΟΥ ΜΑΡΚΟΠΟΥΛΟΥ:«Γιορτή Σταφυλιού» με παραδοσιακό τρυγοπάτι

 

ΕΛΛΗΝΙΚΗ ΔΗΜΟΚΡΑΤΙΑ ΝΟΜΟΣ ΑΤΤΙΚΗΣ ΔΗΜΟΣ ΜΑΡΚΟΠΟΥΛΟΥ Μ Ε Σ Ο Γ Α Ι Α Σ

Μαρκόπουλο, 29/8/2022

 

από το Λαογραφικό Σύλλογο Μαρκοπούλου Μεσογαίας ΡΟΔΑΚΑ», στον Παλαιό Σιδηροδρομικό Σταθμό Μαρκοπούλου

 

 

Ο Δήμος Μαρκοπούλου και η Κοινωφελής Δημοτική Επιχείρηση Μαρκοπούλου (Κ.Δ.Ε.Μ.), σας προσκαλούν στη «Γιορτή Σταφυλιού» του Λαογραφικού Συλλόγου Μαρκοπούλου Μεσογαίας «ΡΟΔΑΚΑ», όπου θα αναβιώσει το παραδοσιακό τρυγοπάτι, την Κυριακή 4 Σεπτεμβρίου 2022 και ώρα 19.00, στον Παλαιό Σιδηροδρομικό Σταθμό Μαρκοπούλου.

 

Την εκδήλωση θα πλαισιώσει με το τραγούδι της η Ειρήνη Λεγάκη, με συνοδεία ζωντανής μουσικής από τη λαϊκή ορχήστρα «ΕΠΤΑΣΗΜΟ»:

 

Νίκος Φιλιππίδης (κλαρίνο)

Βαγγέλης Σαραντίδης (βιολί -τραγούδι)

Ηλίας Γάκος (τραγούδι)

Ιάκωβος Ηλιάδης (λαούτο)

Στρατής Σκουρκέας (κρουστά)

 

Στο χώρο της Γιορτής, θα προσφέρεται στους παρευρισκόμενους παραδοσιακή τοπική μουσταλευριά, φτιαγμένη από το ΚΑΠΗ του Δήμου μας!

 

Παράλληλα, θα υπάρχουν προσφορές από τα οινοποιεία της περιοχής του Δήμου Μαρκοπούλου και άλλες παραδοσιακές τοπικές επιχειρήσεις.

 

Η είσοδος είναι ελεύθερη

 

Σας περιμένουμε!

 

 

ΓΡΑΦΕΙΟ ΤΥΠΟΥ ΔΗΜΟΥ ΜΑΡΚΟΠΟΥΛΟΥ ΜΕΣΟΓΑΙΑΣ.

ΝΟRWAY's latest news

Your news alert

Week 35

Norwegian-developed drone to Ukraine

News story | 24/08/2022 | Ministry of Defence

Norway and Great Britain are joining forces to acquire the Norwegian micro-drone Black Hornet as a donation to Ukraine.

News alert about: Defence

Countries aim to end plastic pollution by 2040

News story | 22/08/2022 | Ministry of Climate and Environment

Today the Governments of Rwanda and Norway launch The High Ambition Coalition to End Plastic Pollution together with Canada, Peru, Germany, Senegal, Georgia, Republic of Korea, UK, Switzerland, Portugal, Chile, Denmark, Finland, Sweden, Costa Rica, Iceland, Ecuador, France and the Dominican Republic.

News alert about: Climate and environment

«Χορεύοντας με το φεγγάρι» - Μουσικοχορευτική βραδιά

 

ΣΥΝΔΕΣΜΟΣ ΓΙΑ ΤΗ ΒΙΩΣΙΜΗ ΑΝΑΠΤΥΞΗ ΤΩΝ ΠΟΛΕΩΝ	ΔΗΜΟΣ ΜΑΡΚΟΠΟΥΛΟΥ ΜΕΣΟΓΑΙΑΣ	ΚΟΙΝΩΦΕΛΗΣ ΔΗΜΟΤΙΚΗ ΕΠΙΧΕΙΡΗΣΗ ΜΑΡΚΟΠΟΥΛΟΥ

 

29/8/2022

 

«Χορεύοντας με το φεγγάρι» - Μουσικοχορευτική βραδιά

από τον Σύνδεσμο για τη Βιώσιμη Ανάπτυξη των Πόλεων (ΣΒΑΠ)

και τον Δήμο Μαρκοπούλου Μεσογαίας

 

Ο Σύνδεσμος για τη Βιώσιμη Ανάπτυξη των Πόλεων, ο Δήμος Μαρκοπούλου Μεσογαίας και η Κοινωφελής Δημοτική Επιχείρηση Μαρκοπούλου, σας προσκαλούν στην εκδήλωση “Χορεύοντας με το φεγγάρι”, μια μοναδική μουσικοχορευτική βραδιά, όπου αστέρια του χορού θα λάμψουν υπό το γλυκό φως του φεγγαριού.

 

Με τη συνοδεία μουσικού οργάνου, πάθος και τέχνη θα μας πλημμυρίσουν με μοναδικές στιγμές απόλαυσης.

 

Το Σάββατο 10 Σεπτεμβρίου 2022 και ώρα 21.00 στο Θέατρο Σάρα Μαρκοπούλου, επαγγελματίες χορευτές παγκόσμιας φήμης, μας ταξιδεύουν με ένα μοναδικό latin και oriental θέαμα.

 

Συμμετέχουν οι:

 

Yuri Dimitrov - Στεφανία Τσέρτου

Giorgos Ketseridis - Jylia Chernysh

Γιάννης Λιάκος - Έφη Χορμόβα

Μαουρίτο Νταχάντζιου – Καρολίνα Κοντοπίδου

Kalypso Mani (oriental)

 

Σαξόφωνο παίζει ο Γιάννης Καρανάσιος.

 

Η είσοδος είναι ελεύθερη.

"EΘΝΟΣ":οι σημαντικότερες ειδήσεις της ημέρας

 

οι σημαντικότερες ειδήσεις της ημέρας όπως τις κατέγραψε το ethnos.gr

Κατερίνα Κοκκαλιάρη   29.08.2022 07:13 Υπόθεση παρακολουθήσεων: Ο δεύτερος γύρος σήμερα στη Βουλή και οι επόμενες μάχες κυβέρνησης - αντιπολίτευσης

Newsroom   29.08.2022 07:41 Άγριο έγκλημα στην Κυψέλη: Άνδρας έσφαξε με μαχαίρι τη γυναίκα φίλου του

Newsroom   29.08.2022 08:16 Ιωάννινα: «Στο γαϊδουράκι επιτέθηκε λύκος και ο εντολέας μου», λέει ο δικηγόρος του αντιδημάρχου - «Το ζώο είναι καλά»

Δήμητρα Ευθυμιάδου   29.08.2022 07:52 Προσωπικός γιατρός: Ανοίγει την Πέμπτη η πλατφόρμα για την Αττική με λιγοστούς γιατρούς - Plan B τριών σημείων από το υπουργείο Υγείας

Νικολίτσα Τρίγκα   29.08.2022 08:15 Χαμός πάλι με τα Θρησκευτικά στα σχολεία: Θεολόγοι ζητούν από το υπουργείο να μην εφαρμόσει την απαλλαγή και των Ορθόδοξων μαθητών

Βούλα Κεχαγιά   29.08.2022 07:23 ΣΥΡΙΖΑ: Τα ερωτήματα που απέφυγε να απαντήσει ο Μητσοτάκης - Νέα ευθεία αντιπαράθεση σήμερα

Newsroom   29.08.2022 08:24 Sex and the city: Αυτά είναι τα 10+1 καλύτερα επεισόδια όλων εποχών

Newsroom   29.08.2022 07:30 Χαμηλότερες τιμές, μαγευτικές παραλίες: Τα 2+1 ιδανικά νησιά για διακοπές τον Σεπτέμβρη

Newsroom   29.08.2022 07:00 Καιρός: Τοπικές βροχές και νέα μικρή άνοδος της θερμοκρασίας τη Δευτέρα

Newsroom   29.08.2022 08:29 Σκοτεινό έγκλημα στις ΗΠΑ διαλευκάνθηκε 34 χρόνια μετά - Το μοιραίο λάθος του δολοφόνου και η δράση των Αρχών

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