Sir Paul Tucker, former Bank of England Deputy Governor and Harvard University Research Fellow discusses his latest book – Global Discord: Values and Power in a Fractured World Order
Selected for Top 10 Economics Books of 2022 by Financial Times.
Preview: () Introduction () What is Global Discord about () US Dollar as the global reserve currency () How the US Dollar became the reserve currency of the world () The collapse of Bretton Wood & Oil () Does China's Renminbi pose a threat to the US Dollar? () What is the IMF? () Does the IMF overreach beyond its core mandate? () Should the IMF focus on its core mandate to stay relevant? () The future role of Central Banks () 4 scenarios for geopolitics in the future () What is the WTO? () Did the West make mistakes when China joined the WTO in 2000? () What are Central Bank Swap Lines? () Who are the counterparties in a swap line agreement? () How do swap lines affect the global reserve currency? () Does every Central Bank get a swap line? () Digital money & Central Bank Digital Currencies (CBDCs) () Can the Federal Reserve legally issue a Central Bank Digital Currency (CBDC)? () Sanctions and Geo-Economics () Cyber attacks on economic and financial systems? () US-China power struggles () David Humes and other influential philosophers in Global Discord ()