Understanding Financial Crises
IMF Podcasts8 Jan 2013

Understanding Financial Crises

Financial crises have been with us for hundreds of years. From the currency crisis of the Roman Empire to more recent events such as the 2008 financial meltdown, financial crises have been pervasive in market economies. Gary Gorton argues that crises are inevitable, but that with the right policies, their effects can be mitigated.

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Pierre-Olivier Gourinchas on the Story Behind the Number

Pierre-Olivier Gourinchas on the Story Behind the Number

Inflation pressures were already brewing when Pierre-Olivier Gourinchas stepped in as IMF Chief Economist in January 2022, but rising geopolitical tensions soon added fuel to the fire, and inflation r...

30 Juni 30min

Pierre-Olivier Gourinchas on the Story Behind the Number

Pierre-Olivier Gourinchas on the Story Behind the Number

Inflation pressures were already brewing when Pierre-Olivier Gourinchas stepped in as IMF Chief Economist in January 2022, but rising geopolitical tensions soon added fuel to the fire, and inflation r...

29 Juni 31min

Jeffry Frieden: The Cost of Geoeconomic Coercion

Jeffry Frieden: The Cost of Geoeconomic Coercion

As geopolitical tensions rise, countries like to flex their economic muscle. But as appealing as they might be, sanctions, tariffs, and export bans come at a price. Jeffry Frieden is a professor of in...

23 Juni 19min

Trade among Geopolitical Rivals: Michele Ruta

Trade among Geopolitical Rivals: Michele Ruta

Increased trade integration between economic superpowers shaped our globalized world, but that world we've known for the past three decades is becoming increasingly fragmented. What happens to those t...

11 Juni 21min

Nationalizations Get Another Look: Nicholas Mulder

Nationalizations Get Another Look: Nicholas Mulder

State-owned enterprises have long been viewed by economists as a bad idea due to proven inefficiencies and mismanagement. But is handing over key resources and industries to the private sector really ...

4 Juni 17min

Gracelin Baskaran on the Race for Minerals

Gracelin Baskaran on the Race for Minerals

The recent scramble for the minerals that go into our electric vehicles, solar panels, and defense systems has exposed vulnerabilities in the supply chains. Mineral markets are complex, spanning dozen...

29 Maj 21min

Geoeconomics Revisited: Josh Lipsky and Matteo Maggiori

Geoeconomics Revisited: Josh Lipsky and Matteo Maggiori

As global powers face rising geopolitical tensions, sanctions, export controls, and tariffs are once again tools of leverage, marking the resurgence of geoeconomics, where economic policy and national...

28 Maj 33min

Barry Eichengreen and Chima Simpson-Bell on Currencies that Shine

Barry Eichengreen and Chima Simpson-Bell on Currencies that Shine

When global volatility increases, so does the demand for the dollar. When countries face sanctions, they rush for gold. But while the two have been the most common reserve currencies for decades, surp...

22 Maj 27min

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