External authors

Morris Goldstein

Morris Goldstein is a Senior Fellow at the Peterson Institute for International Economics in Washington DC.  From 1995-2010, he was the initial holder of the Dennis Weatherstone Chair at the Institute.  Prior to joining Peterson in 1994, Dr. Goldstein spent twenty five years on the IMF staff, the last eight as Deputy Director of the IMF’s Research Department. In 1999, he was the Project Director for the Council on Foreign Relations’ blue-ribbon task force on the international financial architecture. He is a member of the Bellagio Group and of the Council on Foreign Relations. He holds an A.B. degree in Economics from Rutgers University and a Ph.D. in Economics from New York University.

     Dr. Goldstein has written extensively on financial crises in both industrial and emerging economies, on international banking standards, on reform of the international financial architecture, on currency mismatching in emerging economies, on early warning indicators of currency and banking crises, on international capital flows, on exchange rate policies, and on empirical models of international trade.  His two most recent papers are:  “Too Big To Fail: the Transatlantic Debate,” (with Nicolas Veron of Bruegel), Peterson Working Paper No.11-2, January 2011; and “Integrating Reform of Financial Regulation with Reform of the International Monetary System,” Peterson Working Paper No.11-5, February 2011.  His latest two books for the Peterson Institute are The Future of China’s Exchange Rate Policy (July 2009) and Debating China’s Exchange Rate Policy (April 2008) -- both co-authored with his Peterson Institute colleague, Nicholas Lardy. He is currently at work on a new book dealing with reform of the international monetary system. 

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Working Paper

Too big to fail: the transatlantic debate

Although the United States and the European Union were bothseriously impacted by the financial crisis of 2007, the resulting policy debates and regulatory responses have differed considerably on the two sides of the Atlantic. This paper by Nicolas Véron and Morris Goldstein examines the debates on the problem posed by "too big to fail" financial […]

By: Nicolas Véron and Morris Goldstein Topic: Banking and capital markets, Global economy and trade Date: February 5, 2011