This article was published in Credit and Capital Markets, Volume 50, Issue 2, 2017, pp 213-235. It argues that conventional monetary policy fails to recognize that the economy is a complex, adaptive system like many in in nature and society. This failure has resulted in easy monetary policies producing a number of dangerous and unintended consequences whose effects can now only be mitigated by government action. Embracing complexity also leads to many practical suggestions as to how monetary policy might be better conducted in the future.
Creditand CapitalArticleWilliam White comments on a paper by Malcolm Knight
CIGI – Hertie School Workshop
“10 Years Since the Global Financial Crisis: Lessons learned, Opportunities Missed”
Berlin, Germany
31 May 2017
The G20’s Reform of Banking Regulation and the Changing Nature of the Global Financial System
CIGIHertieBerlinOn the Undesired Side Effects of Experimental Monetary Policy
In this conversation on 25 July 2017 with Jesse Felder of The Felder Report, Bill discusses where his contrarian economic philosophy comes from, and how it leads him to worry a bit more than most about the undesired side effects of experimental monetary policy and its possible end games.
On the Undesired Side Effects of Experimental Monetary Policy
Ten years since the global financial crisis, world still suffers ‘debt overhang’
William White is chairman of Economic and Development Review Committee at the OECD. He says US$215 trillion in debt at the end of 2016, is “an unprecedented level”.
Interview by Nassim Khadem (Sydney Morning Herald) on 17 June 2017
William White contribution to the Quarterly Report of The Bank of England
BOE-HKMA-MF Conference on Monetary Financial and Prudential Policy Interactions in the Post-Crisis World
BOE-HKMA-MF Conference on Monetary Financial and Prudential Policy Interactions in the Post-Crisis World
Reference to William White in article published on 18 May in Die Zeit
Die mächtigste Schule der Welt
Dann führten sie Länder, Zentralbanken und internationale Organisationen.
Eine Idee hält sie zusammen. Aber was, wenn diese Idee falsch ist?
Die-mächtigste-Schule-der-Welt.pdf
ZEIT_Die mächtigste Schule der WeltCapital and Trade Imbalances — the Global and Transatlantic Debate
Public Finance Dialogue – Berlin 24 25 April 2017.
Presentation at the Bundesministerium der Finanzen and ZEW
G20BerlinUpgrading the G7 and revamping its agenda
“How might changes in the way the G7 functions improve the overall process of international cooperation in the economics
sphere?”
Article by William White published in Spring 2017 in the International Economy Magazine
TIE_Sp17_WhiteQ & A: Bill White on global monetary policy in an era of post-crisis politics
At a meeting of the Beat Siegenthaler of the UBS Knowledge Network in Zurich on Jan 20, Bill discussed how even a relatively limited fiscal stimulus by the Trump administration might give the Fed cover to tighten monetary policy, which in turn could lead to more overt political pressure on the central bank.
6670612b-23d4-4aa6-8258-1bc4bf30ed3b.pdf
6670612b-23d4-4aa6-8258-1bc4bf30ed3bCentral banks cannot reverse
Interview by Philippe Béguelin – Finanz und Wirtschaft on 30 December 2016



