Articles by Philip Turner
Book notes: The great demographic reversal, by Charles Goodhart and Manoj Pradhan
An important book, predicting that powerful demographic forces will upend conventional thinking
Can growth in developing Asia be made more sustainable?
The structure of the global economy will be reshaped by Covid-19, writes Philip Turner
Concentrated firepower: central banks must expand their arsenal
Philip Turner argues central banks should be prepared to go further to avoid economic collapse
Book notes: The Japanese central banking system compared with its European and American counterparts, by Yoshiharu Oritani
Book has “no equal” in reviewing new microeconomic theory for central banking
Are central bank digital currencies inevitable?
Launching a CBDC could protect the pre-eminence of public money, a new report argues
Doves vs hawks: IMF advice on unconventional monetary policy
Funds’ advice on innovative measures has not always “stood the test of time”, writes 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