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.
InternationalEconomyG7Articles
Upgrading 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_WhiteCommentary by William White: Japan must reinvent itself once more
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-MoreThe last thing we need is new tools for central bankers
Article by William White published in the International Economy – Fall 2016
tie F16 CentralbanksPerils of fiscal policy in disguise Zombie banks, zombie companies: the reckoning
Article by William White published in the OMFIF Monthly Review – October 2016
OMFIF Bulletin Oct 2016 – William White.pdf
OMFIF Bulletin Oct 2016 - William WhiteOnly government action can resolve a global solvency crisis
Article by William White published in the Financial Times on 25 September 2016 –
Central banks have recently been engaged in a process of unprecedented monetary experimentation. Unlike scientists developing new drugs or genetic modifications, fear of the unknown has had no moderating influence on their activities.
Link to the article (subscription required)
Is Currency Devaluation Overrated?
Article by William White published in International Economy -Winter 2016
TIE_W16_CurrencyDevalSympDisaster Avoidance
Article from William White published in International Economy magazine -Spring 2016
How analytical, executive and democratic deficits threaten the existence of the eurozone.
TIE_Sp16_White
Simple Policy Lessons from Embracing Complexity
Modern macroeconomics is based upon the false belief that the economy is essentially understandable and predictable. This leads to misguided policies. A column by William White.
Central banks in the major advanced economies have been pursuing increasingly experimental polices for many years. These bear the risk of ending unhappily.
Article published in Finanz und Wirtschaft
Macroprudential Policy is Not a Magic Bullet
“Our problems can only be resolved through actions taken by governments, not by central banks.”
Article published in Finanz und Wirtschaft – 11 December 2015
Macro Prudential Policy is Not a Magic Bullet.pdf
Macro Prudential Policy is Not a Magic Bullet
