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International Monetary Fund executive board member Arrigo Sadun and AEI economists Desmond Lachman, Philip I. Levy, and John H. Makin will analyze competing national goals and the future of the G-20. AEI's Claude Barfield will moderate.
The Fed's role in banking regulation, orfinancial regulation, is not well understood.
A full-fledged international role for the yuan, as a store of value as well as a medium of exchange and unit of account, is highly unlikely in the near term.
China's currency undervaluation has been a major concern for many Americans, especially for those concerned about what jobs will be available in the future.
Sudden stops and reversals in capital flows are the stuff of policymakers’ nightmares. The last 20 years of research shows that the capital-inflow dilemma is not an external problem–it is an eternal one.
We need fewer regulators, not more.
The G20 summit did little harm, but it did little to save the world, either. Leaders did not come to terms on fixing the banks, and until that happens, the world economy will continue to stagger along.
The United States may not have laid the foundation for sustained expansion, with real per-capita output still 2.2 percent below its 2006 level. The chance that the economy slips into another recession within a year is about four in ten.




