What IMEN liked this week: Geoeconomics, the OECD Economic Outlook, the Production of Monetary Policy Ideas, and much more…

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Matteo Maggiori and Jesse Schreger on Geoeconomics and its Policy Implications: Macro Musings with David Beckworth

https://directory.libsyn.com/episode/index/show/macromusings/id/28907878?

“Many creditors, one large debtor” by Gian Maria Milesi-Ferretti:

OECD Economic Outlook November 2023: GDP growth has been stronger than expected so far in 2023, but is now moderating on the back of tighter financial conditions, weak trade growth and lower business and consumer confidence.

https://www.oecd.org/economic-outlook/november-2023/

“BIS Quarterly Review, December 2023: Financial market fluctuations reflected investors‘ adjustment to the higher-for-longer monetary policy stance.”

https://www.bis.org/publ/qtrpdf/r_qt2312.htm

“China’s Current Account Surplus Is Likely Much Bigger Than Reported” by Brad Setser Council on Foreign Relations

https://www.cfr.org/blog/chinas-current-account-surplus-likely-much-bigger-reported

“Federal Reserve Structure and the Production of Monetary Policy Ideas” by Michael D. Bordo and Edward S. Prescott:

https://www.clevelandfed.org/publications/working-paper/2023/wp-2329-frs-structure-and-monetary-policy-idea-production

The new “IMF’s Central Bank Digital Currency (CBDC) Virtual Handbook is a reference guide for policymakers and experts at central banks and ministries of finance. It also serves as the basis for the IMF’s engagement with country authorities and other stakeholders.”

https://www.imf.org/en/Topics/fintech/central-bank-digital-currency/virtual-handbook

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