Rethinking Central Banking
Featuring Professor Barry Eichengreen (UC Berkeley)
By the early 2000s, the policy of flexible inflation targeting had achieved the status of a global monetary policy panacea, delivering price stability to many developed and developing countries around the world. However, the recent global financial crisis has offered serious challenges to the adequacy of the conventional focus. As a result, a growing attention is now being paid to new frameworks of central banking that take into account the broader goals of macroeconomic and financial stability.
Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley and Pitt Professor of American History and Institutions (2014-15) at the University of Cambridge. Professor Eichengreen's research focuses on the history and current operation of the international financial and monetary system. In particular, he recently contributed to the "Rethinking Central Banking" report published by the Brookings Institution.
Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley and Pitt Professor of American History and Institutions (2014-15) at the University of Cambridge. Professor Eichengreen's research focuses on the history and current operation of the international financial and monetary system. In particular, he recently contributed to the "Rethinking Central Banking" report published by the Brookings Institution.