Managing the world economy; Economics focus.(The IMF's Kenneth Rogoff on managing the world's financial system)(Interview)
Economist (US), The, August, 2002
We asked the IMF's Kenneth Rogoff to survey the challenges facing the global financial system at the start of the 21st century
SOMETIMES I spend my nights re-reading how Englishman John Maynard Keynes and American Harry Dexter White calmly traded ideas for reshaping the international financial system, even as the second world war exploded around them. That puts today's challenges into perspective--useful for those of us who sit, as I now do, at the International Monetary Fund, attempting to implement Keynes's and White's vision as it has evolved over the past 60-some years. Taking a pause to look ahead, here are six issues that seem particularly salient over the coming decades.
1. Current-account imbalances
We at the IMF have not been a...
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