Per Jacobsson Lecture #1

Per Jacobsson Lecture #1
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 11
Release: 2005-08-08
Genre: Business & Economics
ISBN: 1451950187

This paper reports about the Per Jacobsson Foundation and various lectures in detail. Mr. Camdessus was educated at the University of Paris and earned postgraduate degrees in economics at the Institut d'Etudes Politiques de Paris and at the Ecole Nationale d'Administration Publique. He is a member of the Commission for Africa, which is chaired by the British Prime Minister, Tony Blair. Following his appointment as Administrateur Civil in the French Civil Service, Mr. Camdessus joined the Treasury in the Ministry of Finance in I960. After serving as Financial Attache to the French delegation at the European Economic Community in Brussels from 1966 to 1968, he returned to the Treasury and went on to become Assistant Director in 1971, Deputy Director in 1974, and Director in February 1982. Mr. Camdessus was appointed as Managing Director and Chairman of the Executive Board of the IMF on January 16, 1987. On May 22, 1996, the Executive Board of the IMF unanimously selected him to serve a third five-year term as Managing Director, beginning January 16, 1997.

Per Jacobsson Lecture

Per Jacobsson Lecture
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 58
Release: 2014-04-08
Genre: Business & Economics
ISBN: 1475582056

Since the grave disruption of the subprime market at the start of the global financial crisis triggered major turbulences in the functioning of money markets in all large advanced economies, central bankers have experienced extraordinarily demanding and difficult times, characterized by a succession of shocks unseen, in the advanced economies, since World War II. Given the structurally very different economies that central banks were dealing with, one could have expected that the shock of the crisis would have accentuated their differences and given rise to an even more diverse setof central bank policies, conceptual references, and measures in a selfish, inward-looking mode. Instead, however, a phenomenon of “practical and conceptual rapprochement” took place between central banks, amidst the economic and financial turmoil, with the closest central bank cooperation ever, as symbolically illustrated by the coordinated decrease of interest rates in October 2008. The crisis also started or accelerated a multidimensional process of convergence of key elements of monetary policy thinking and policymaking—“conceptual convergence”—that is far from being achieved, but calls for great attention from both academia and policymakers. This Per Jacobsson Lecture concentrates on this convergence process, reflecting as well on some theoretical and practical issues that are associated with unconventional monetary policy liquidity and quantitative measures and the forward guidance generalization, themselves part of the conceptual convergence phenomenon.

Per Jacobsson Lecture

Per Jacobsson Lecture
Author: Mr.Timothy Geithner
Publisher: International Monetary Fund
Total Pages: 54
Release: 2017-10-10
Genre: Business & Economics
ISBN: 1484325885

The choices we make in advance of the next financial crisis will have a major impact in determining the magnitude of the economic damage. Our vulnerability to crisis depends on the strength of the protections we build into the financial system through prudential regulation, as well as on the degrees of freedom we create for ourselves to respond to the unanticipated, and the knowledge and experience we bring in managing crises. Is the financial system safer today? With the reforms now in place and with the memory of the crisis still fresh, how confident should we feel about the resilience of the financial system and our ability to protect the US economy from a major financial crisis? Warburg Pincus President and former US Secretary of the Treasury Timothy Geithner attempts to answer these questions in his October 2016 Per Jacobsson Lecture.

Per Jacobsson Lecture

Per Jacobsson Lecture
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
Total Pages: 40
Release: 2013-03-25
Genre: Business & Economics
ISBN: 1616355255

The future of finance, and in particular saving it from a popular backlash against the global financial crisis and related crisis management policies, has become a matter of great concern. In this brochure, which presents in written form a lecture from the Per Jacobsson Foundation’s lecture series, former Reserve Bank of India Governor Y. V. Reddy explores three interrelated issues of particular concern to central bankers in the search for good finance for the future: how to ensure that the financial sector serves the society better, how to integrate financial sector policies better with national economic policies, and how to ensure that the financial industry functions as a means and not as an end in itself. The question-and-answer session following the lecture is also included in the brochure.

Per Jacobsson Lecture

Per Jacobsson Lecture
Author: International Monetary Fund. Communications Department
Publisher: International Monetary Fund
Total Pages: 30
Release: 2015-04-08
Genre: Business & Economics
ISBN: 149834254X

As the Federal Reserve’s statutory objectives are defined as specific goals for the U.S. economy—to pursue maximum sustainable employment and price stability—and its policy decisions are targeted to achieve these dual objectives, there might seem to be little need for its policymakers to pay attention to developments outside the United States. But such an inference would be incorrect: the state of the U.S. economy is significantly affected by the state of the world economy, and of course, actions taken by the Federal Reserve influence economic conditions abroad, which in turn spill back on the evolution of the U.S. economy and therefore must be taken into account in the Federal Reserve’s monetary policy choices. This Per Jacobsson Lecture first reviews the effect of the Federal Reserve’s monetary policies on the rest of the global economy, particularly emerging market economies. It then addresses prospective outcomes and possible risks associated with the normalization of the Federal Reserve’s policies. Finally, it discusses the Federal Reserve’s responsibilities in the world economy.

Per Jacobsson Lecture

Per Jacobsson Lecture
Author: Ms.Carmen Reinhart
Publisher: International Monetary Fund
Total Pages: 44
Release: 2017-09-18
Genre: Business & Economics
ISBN: 148432093X

Latin America: Outlook and Challenges Ahead

Under the Skin

Under the Skin
Author: Linda Villarosa
Publisher: Anchor
Total Pages: 289
Release: 2022-06-14
Genre: Social Science
ISBN: 0385544898

PULITZER PRIZE FINALIST • "A stunning exposé of why Black people in our society 'live sicker and die quicker'—an eye-opening game changer."—Oprah Daily From an award-winning writer at the New York Times Magazine and a contributor to the 1619 Project comes a landmark book that tells the full story of racial health disparities in America, revealing the toll racism takes on individuals and the health of our nation. In 2018, Linda Villarosa's New York Times Magazine article on maternal and infant mortality among black mothers and babies in America caused an awakening. Hundreds of studies had previously established a link between racial discrimination and the health of Black Americans, with little progress toward solutions. But Villarosa's article exposing that a Black woman with a college education is as likely to die or nearly die in childbirth as a white woman with an eighth grade education made racial disparities in health care impossible to ignore. Now, in Under the Skin, Linda Villarosa lays bare the forces in the American health-care system and in American society that cause Black people to “live sicker and die quicker” compared to their white counterparts. Today's medical texts and instruments still carry fallacious slavery-era assumptions that Black bodies are fundamentally different from white bodies. Study after study of medical settings show worse treatment and outcomes for Black patients. Black people live in dirtier, more polluted communities due to environmental racism and neglect from all levels of government. And, most powerfully, Villarosa describes the new understanding that coping with the daily scourge of racism ages Black people prematurely. Anchored by unforgettable human stories and offering incontrovertible proof, Under the Skin is dramatic, tragic, and necessary reading.