Philip Turner is a visiting fellow at the National Institute of Economic and Social Research (NIESR) and University of Basel. He was formerly deputy head of the monetary and economic department and a member of the senior management of the Bank for International Settlements. Earlier positions include work at the OECD in Paris (1976–89) and as a visiting scholar at the Bank of Japan in Tokyo (1985–86). Turner read economics at Churchill College, Cambridge, and has a PhD from Harvard University.
He is a Contributory Editor to Central Banking, writing regularly for the Viewpoint column, which brings together timely analysis from experts across the globe.
Why monetary tightening risks a global credit crunch
Thesis that QE caused low r* is entertaining and infuriating in equal measure
An important book, predicting that powerful demographic forces will upend conventional thinking
The structure of the global economy will be reshaped by Covid-19, writes Philip Turner
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
Funds’ advice on innovative measures has not always “stood the test of time”, writes Philip Turner
Urgent action needed to tackle danger; current macro-pru tools still inadequate
Swapping longer-term bonds for Treasury bills would expedite process
Target2 has emerged as eurozone’s financing entity for structural balance-of-payments gaps