In a global world with increasingly interdependent economies and interconnected financial markets, high currency volatility and fast movements of capital may be a source of instability, both in emerging and advanced economies. And a local problem can rapidly become a global risk.
During Mario Draghi’s recent visit to the Harvard Kennedy School, the impact of the US shutdown, the Fed’s approach to tapering, and Europe’s fragile recovery all featured in discussions with faculty and students. Below are the key points to emerge from the conversation.
During Mario Draghi’s recent visit to the Harvard Kennedy School, the impact of the US shutdown, the Fed’s approach to tapering, and Europe’s fragile recovery all featured in discussions with faculty and students. Below are the key points to emerge from the conversation.
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