"Monetary Policy and Financial Stability," in Liu Shiyu (ed), Monitoring and Managing Financial Stability, International Monetary Fund and People's Bank of China, 2012.
"When Currencies Collapse," Foreign Affairs, January/February 2012.
"The Federal Reserve, the Bank of England, and the Rise of the Dollar as an International Currency, 1914-1939," Open Economies Review, 2012.
"Rebalancing Global Growth" (with Hiro Ito and Menzie Chinn), in Otaviano Canuto and Dani Leipziger (eds), Ascent After Decline: Regrowing Global Economies After the Great Recession, World Bank, 2012.
"Imbalances in the Euro Area." Forthcoming in Liqing Zhang (ed.), Financial Integration and Financial Instability, Edward Elgar, 2012.
"How Asia Can Benefit from the European Experience," in Masahiro Kawai, Jong-Wha Lee and Peter Petri (eds), Asian Regionalism in the World Economy, Cheltenham: Edward Elgar, 2011.
"Global Shifts," Comparative Economics, 2011. (In Mandarin)
"Managing Capital Flows," in Ejaz Ghani (ed), Reshaping Tomorrow: Is South Asia Ready for the Big Leap? Oxford University Press, 2011.
"It's Our Currency but Your Problem," Australian Economic History Review, 2011.
"The New Monetary and Financial History," in Geoffrey Wood, Terence Mills and Nichola Crafts, Monetary and Banking History, Routledge, 2011.
"The Euro's Never-Ending Crisis." In Current History, March 2011.
"Crisis and Growth in the Advanced Economies: What We Know, What We Don't, and What We Can Learn from the 1930s."
December 2010. Revised version of a paper prepared for the World Bank-NYU conference on long-term effects of the financial crisis, 7-8 October 2010. Appears in Comparative Economic Studies (March 2011).
"Managing Openness: Lessons from the Crisis for Emerging Markets," in Mona Haddad and Ben Shepherd (eds), Managing Openness: Trade and Outward-Oriented Growth After the Crisis, Washington, DC: The World Bank (2011), pp. 13-25.
"European Monetary Integration with Benefit of Hindsight," CPB Netherlands Bureau for Economic Policy Analysis (CPB) Lecture, 22 June 2011 (The Hague: CPB).
"The G20 and Global Imbalances." German Marshall Fund G20 Project, 26 May 2011.
"The Impact of China's Exchange Rate
Policy: Evidence from Firm-Level Data" (with Hui Tong). Global Economic Review, June, 2011.
"What Kind of Economic and Financial Leadership Does the World Expect of China?
Lessons from Two Historical Episodes, " In Medium- and Long-Term Development and Transformation Of the Chinese Economy, Cairncross Economic Research Foundation, 2011.
"Sovereign Bankruptcy Through the Ages," in Peter Berger, Peter Egner and Andres Resch (eds), Festschrift fur Dieter Stiefel: Die vielen Gesichter des wirtschaftlichen Wandels. Berlin: Lit Verlag, April 2011.
"The Service Sector as India's Road to Economic Growth." With Poonam Gupta. India Policy Forum, Vol. 7, 2010/2011. This version published as NBER Working Paper No. 16757, Feb. 2011.
"A Critique of Pure Gold." The National Interest, September/October 2011.
"Capital Account Liberalization, Financial Development and Industry Growth: A Synthetic View." With Rachita Gullapalli and Ugo Panizza. Journal of International Money and Finance, October 2011.
"Business Cycle Behaviour in Historical Perspective: Introduction." In special issue edited with George Chouriararki and Michael Artis. The Manchester School, March 2011.
"The Renminbi as an International Currency." Journal of Policy Modeling, September-October 2011.
"Fetters of Gold and Paper," with Peter Temin. 19 July 2010. Appears in Oxford Review of Economic Policy, 26:3, 2010.
"The Federal Reserve, the Bank of England and the Rise of the Dollar as an International Currency, 1914-39," with Marc Flandreau. BIS Working Paper No. 328, 1 November 2010.
"Mr. Bernanke Goes to War." The National Interest, 16 December 2010.
"The Economic Impact of European Integration," with Andrea Boltho. In The Cambridge Economic
History of Modern Europe, ed. Steve Broadberry and Kevin O'Rourke (Cambridge University Press 2010).
"Globalization and the Crisis." Text of presentation at the Ninth Munich Economic Summit, "The Financial Crisis: The Way Forward," 29 April 2010.
"Lessons of the Crisis for Emerging Markets." Asian Development Bank Institute Working Paper 179, 15 December 2009. Also in International Ecnomics and Economic Policy (2010).
"The G-20 and the IMF: An Uneasy Relationship." Global Asia, September 2010.
"The Financial Crisis and Global Policy Reforms." Prepared for the Federal Reserve Bank of San Francisco's conference on Asia and the Financial Crisis, Santa Barbara, California, 19-21 October 2009, and in Asia and the Financial Crisis (Federal Reserve Bank of San Francisco 2010).
"From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons." Presented at the 50th Economic Policy Panel Meeting, held in Tilburg on October 23-24, 2009. In Economic Policy (2010).
"Central Bank Transparency: Causes, Consequences and Updates,"
with Nergiz Dincer. February 2009. An earlier version of this paper was presented to the conference on Money Matters: The Law, Politics and Economics of Currency, held at Tel Aviv University on 7-9 January 2009. Appears in Theoretical Inquiries in Law (2010).
"Out of the Box Thoughts about the International Financial Architecture."
1 May 2009. IMF Working Paper No. 09/116. Also in Journal of Commerce, Economics and Policy (2010).
"Managing a Multiple Reserve Currency World." In The 21st Century International Monetary System, ed. Wing Thye Woo (Asian Development Bank 2010).
"Fortifying the Financial Architecture: Unanswered Questions." Current History, January 2010, vol. 109, issue 723, p. 17.
"The Crisis and the Euro," April 2009. Edited version in Frederico Steinberg (ed.), El Euro al Rescate de Europa (2010)