Johannes Wiegand on Bimetallism and Monetary Stability
IMF Podcasts1 Mars 2023

Johannes Wiegand on Bimetallism and Monetary Stability

While the currency values of today's economic powerhouses help maintain global financial stability, the currency systems in the 19th century were tied to precious metals and France played the stabilizing role. In the early 1800s, most countries tied their currencies to silver or gold, but Napoleon tied the French franc to both, which sparked the era of global bimetallism. IMF economist Johannes Wiegand has studied bimetallism, and in this podcast, he says this almost-forgotten 19th-century episode shows that international cooperation is essential for a stable global monetary system.

Transcript: https://bit.ly/41CunjU

Read the article at IMF.org/fandd

Avsnitt(690)

Taxing Bad Habits: Christoph Rosenberg

Taxing Bad Habits: Christoph Rosenberg

While it is true that death and taxes are unavoidable, good tax policies can help delay the inevitable. So-called sin taxes on alcohol, tobacco, sugar, and other harmful products can raise revenues an...

22 Apr 19min

Amadou Sy on Why Africa is Keeping its Debt Closer to Home

Amadou Sy on Why Africa is Keeping its Debt Closer to Home

African economies began tapping into overseas markets for funding in the early 2000s, after debt burdens had been alleviated by the Highly Indebted Poor Countries (HIPC) Initiative. However, surging i...

12 Mars 17min

The Debt Reckoning: Rodrigo Valdés and Era Dabla-Norris

The Debt Reckoning: Rodrigo Valdés and Era Dabla-Norris

Unprecedented debt levels are pressing governments to make tough choices. While aging populations demand more public spending, resources are stretched thin, and the days of cheap borrowing that allowe...

2 Mars 25min

Johan Norberg on What Makes and Breaks Golden Eras

Johan Norberg on What Makes and Breaks Golden Eras

The most prosperous of civilizations were the most open. The Romans, for example, expanded their empire by integrating the populations they conquered, creating a melting pot of new ideas. Johan Norber...

5 Feb 21min

Enrico Letta: Harnessing Europe's Single Market

Enrico Letta: Harnessing Europe's Single Market

There is strength in numbers, and the idea of European integration through a single market was to capitalize on the EU as a whole. However, the single market is a product of the early 90s, and EU memb...

28 Jan 22min

Claudia Sahm on how Private Data can Augment Official Statistics

Claudia Sahm on how Private Data can Augment Official Statistics

While official statistics compiled by government agencies are still considered the most reliable, policymakers are increasingly using private data to get around their limitations. Claudia Sahm is a fo...

18 Dec 202521min

Governor Chang Yong Rhee on Bank of Korea's Innovative Approach

Governor Chang Yong Rhee on Bank of Korea's Innovative Approach

Price stability is the main goal for central banks, and monetary policy is how they achieve it. However, societies are always in flux, and central bankers who pay close attention to emerging trends ar...

10 Dec 202520min

Pablo Peña on why AI is No Match for Human Capital

Pablo Peña on why AI is No Match for Human Capital

While artificial intelligence continues to outperform our human abilities in many areas, Pablo Peña believes critical thinking and curiosity are what will keep us in the driver's seat. AI can only dra...

2 Dec 202518min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
rss-svart-marknad
rss-borsens-finest
avanzapodden
badfluence
uppgang-och-fall
svd-tech-brief
bathina-en-podcast
fill-or-kill
lastbilspodden
rss-dagen-med-di
rss-inga-dumma-fragor-om-pengar
tabberaset
24fragor
kapitalet-en-podd-om-ekonomi
rss-kort-lang-analyspodden-fran-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
borsmorgon