Financial crises, sound policies and sound institutions - an interview with Michael Bordo

Release date
01/09/2009
Reference
Vol. 72. No. 3. September 2009
Author
John Singleton
Professor Michael D. Bordo is a Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University in New Brunswick, New Jersey. He visited New Zealand in June and July 2009 as part of the Professorial Fellowship in Monetary and Financial Economics sponsored by the Reserve Bank of New Zealand and Victoria University of Wellington. Michael is a Research Associate of the National Bureau of Economic Research in the United States, and has spent time as a Visiting Scholar, Professor or Consultant at the IMF, the World Bank, and many central banks. In this interview, Michael talks to John Singleton about his research interests in monetary and financial history and financial crises, the determinants of New Zealand’s financial vulnerability, and some of the issues facing central banks in dealing with the aftermath of the current global financial crisis.