Commentary

C. Randall Henning

Peterson Perspectives Interviews on Current Issues:  A New Asian Monetary Giant?  March 2, 2009

An audio interview on the “multilateralisation” of the Chiang Mai Initiative in East Asia in the wake of the present financial crisis.
Available at:  http://www.petersoninstitute.org/publications/pp/20090227henning.cfm

"The Future of the Chiang Mai Initiative:  An Asian Monetary Fund?,"  Peterson Institute for International Affairs Policy Brief, February 2009. Full text at: http://www.petersoninstitute.org/publications/pb/pb09-5.pdf 

Recipe for a Successful G-20: Preparation the Right Actors and Political Sensitivity, November 7th, 2008

“The impending Group of 20 summit in Washington, DC, November 14–15, organized to discuss solutions to the economic crisis and reforms to the international financial architecture, is potentially the most important international economic meeting in a very long time. . . . To make this meeting and those that will follow successful, officials of the Bush administration and other governments should heed six key principles for successful international negotiations.”
Full text at:  http://www.petersoninstitute.org/realtime/?p=227

Circumventing the IMF: International Principles Needed for Regional Financial Rescues, October 22nd, 2008

“In recent weeks, several governments stricken with financial emergencies have tried to circumvent the International Monetary Fund (IMF) by turning to Russia, China, Saudi Arabia, and other reserve-rich states for crisis finance. These moves underscore the need for common acceptance of a set of principles to guide bilateral and regional responses to countries requiring liquidity and balance-of-payments support during the present crisis.”
Full text at:  http://www.petersoninstitute.org/realtime/?p=128

A Better Way to Support Money-Market Mutual Funds, September 23rd, 2008

“Treasury Secretary Paulson made many important decisions last week in response to the national financial emergency. One of them however—the decision to use the Exchange Stabilization Fund (ESF) to guarantee the assets of money market mutual funds—was a mistake. . . . As they design legislation for what has been called the “new Resolution Trust Corporation,” Secretary Paulson and the US Congress should shift support for money market assets from the ESF to the new entity.”
Full text at:  http://www.petersoninstitute.org/realtime/?p=1


 

 

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