Consequences Quote by Elvira Nabiullina

The lack of a consistent policy from major economies is the main source of volatility.

— Urjit Patel

In a world of global trade and integrated capital markets, it is natural for economic and financial shocks and policy actions to be transmitted…

— Jerome Powell

“Deep and liquid markets in a country’s domestic economy are the essential shock absorbers through which the perilous waters of international financial integration can…

— Bibek Debroy

Emerging market economies have long grappled with the challenges posed by large and volatile cross-border capital flows.

— Jerome Powell

Whenever global economy is reasonably doing well, the investment flows.

— Tulsi Tanti

By promising to intervene in vulnerable markets in the event of excessive financial volatility, the IMF, as the largest player, would reduce coordination problems…

— Gita Gopinath

Ultimately, in the long run we need to immunise our system from being overly responsive to fluctuations in the exchange rate; that is, people…

— Raghuram Rajan

When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital flows in,…

— Zanny Minton Beddoes

A key U.S. initiative in this trade war must be to develop reliable trading partners in the world.

— Jo Ann Emerson

There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign…

— William Smith White

When you have steady inflows and global central banks hell-bent on stoking credit activity and inflation, money will flow into the most attractive areas.

— Anthony Scaramucci

Regional currencies will prove the best route to reconciling the economic imperatives of increasing international capital mobility with the political realities of the nation-state.

— Zanny Minton Beddoes