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Financial Volatility

Measure to Measure: The Effect of Fiscal Policy on Growth and Stability

Vitor Gaspar | Posted 06.15.2015 | Business
Vitor Gaspar

Does fiscal policy respond systematically to economic activity? Can fiscal policy promote macroeconomic stability? Does greater stability support stronger growth? The answer is yes on all counts.

Strong Policy Action -- The Essence of Restoring Global Economic Hope

Olivier Blanchard | Posted 11.21.2011 | Business
Olivier Blanchard

The global economy has entered a dangerous new phase. The recovery has weakened considerably, and downside risks have increased sharply. Strong policies are urgently needed to improve the outlook and reduce risks.

Planning for a World of Black Swans

Kenneth A. Posner | Posted 05.25.2011 | Books
Kenneth A. Posner

Volatility is the result of market economies, global capital flows, and ever more powerful information technology -- and thus a price we pay for innovation and growth. Better that we learn to live with it, than try to wish it away.