William White was intervewed by Bloomberg on 13 September 2017 in Hong Kong. He gave his views about prospective global economic and financial development and the risks that continued to build up, not least debt.
This article was published in the Spring 2017 edition of The International Economy. It is argued that the G7 should focus on identifiying longer term problems of common interest to G20 members as well as measures to remove impediments to international cooperation when seeking solutions. The G7 needs a permanet secretariat as well as measures to make it accountable for actually doing what it has promised to do.
InternationalEconomyG7In 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
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
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 Welt“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_WhiteAt 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-23d4-4aa6-8258-1bc4bf30ed3bInterview by Philippe Béguelin – Finanz und Wirtschaft on 30 December 2016
Publication: Finanz und Wirtschaft Date: 30 December 2016
Article by William White published in the OMFIF (Official Monetary and Financial Institutions Forum ) Publication on 1 December 2016
OMFIF-Japan-Must-Reinvent-Itself-Once-More.pdf
OMFIF-Japan-Must-Reinvent-Itself-Once-MoreAs early as 1996, White was critical of Alan Greenspan, who was head of the US Federal Reserve at the time, due to his ultra-loose monetary policy with which he had hoped to unleash the financial markets. He also warned of the coming crisis on the mortgage market long before Lehman went belly up.
But few were interested in what the economist had to say at a time when the apparently all-powerful financial industry was driving the economy around the world. Once Lehman collapsed, however, that industry threatened to implode and take the global economy along with it, not unlike an immune system that turns on its own body and destroys it.
Der Spiegel Date: 17 November 2016
