Articles by Philip Turner
Book notes: EuroTragedy, by Ashoka Mody
Former International Monetary Fund insider elegantly tells story of currency that has defied economics
EME central banks can counter the next downturn
Philip Turner urges central banks to consider a broad range of actions to tackle volatility stemming from currency mismatches
A dangerous unknown: interest rate risk in the financial system
Urgent action needed to tackle danger; current macro-pru tools still inadequate
The Treasury could make QE exit faster and smoother
Swapping longer-term bonds for Treasury bills would expedite process
The ECB must reform Target2 to make it sustainable
Target2 has emerged as eurozone’s financing entity for structural balance-of-payments gaps