Policymakers, global economists, and business leaders discussed monetary policy and the global economy at the Teton Economic Outlook on July 12, 2023. Hosted by the Global Interdependence Center (GIC), this program brought together economists and professionals from around the country to Jackson Hole, Wyoming. The program included a presentation “Hawks, Doves, Pigs and Pythons: Analyzing the Economic Outlook” by Kevin Kliesen, Business Economist and Research Officer, Federal Reserve Bank of St. Louis.
Policymakers, global economists, and business leaders discussed monetary policy and the global economy at the Teton Economic Outlook on July 12, 2023. Hosted by the Global Interdependence Center (GIC), this program brought together economists and professionals from around the country to Jackson Hole, Wyoming. The program included a presentation “Virtual Suburbanization and Its Implications” by Jonathan Schechter, Executive Director, Charture Institute, Member of Jackson Town Council.
Policymakers, global economists, and business leaders discussed monetary policy and the global economy at the Teton Economic Outlook on July 12, 2023. Hosted by the Global Interdependence Center (GIC), this program brought together economists and professionals from around the country to Jackson Hole, Wyoming. The program included a presentation “Liquidity Addiction, Eroding Fundamentals, and The Search for Organic Drivers of Growth…” by Nicholas Bohnsack, President, Strategas.
Policymakers, global economists, and business leaders discussed monetary policy and the global economy at the Teton Economic Outlook on July 12, 2023. Hosted by the Global Interdependence Center (GIC), this program brought together economists and professionals from around the country to Jackson Hole, Wyoming. The program included a presentation “Macro Evolving to Micro” by Dick Mayo, Chairman and Chief Strategist, Game Creek Capital.
Policymakers, global economists, and business leaders discussed monetary policy and the global economy at the Teton Economic Outlook on July 12, 2023. Hosted by the Global Interdependence Center (GIC), this program brought together economists and professionals from around the country to Jackson Hole, Wyoming. The program included a presentation “Current State of Small Business Employment” by Holly Wade, Executive Director, NFIB Research Center
Excerpt from Abstract of paper “We examine the issue of valuation effects in emerging market economies (EMEs), particularly the impact of exchange rate variations on their external wealth. Taking Chile as a case study, we first show that price and exchange rate-induced valuation changes have led to divergent trends between the accumulated current account and the NIIP, which improved markedly between 2019 and 2021 despite extreme social unrest and the Covid crisis.”
The combination of rising interest rates in mature economies and already high debt levels in EM economies continues to put strains on government balance sheets. According to the IIF, emerging market debt levels (government and private) rose in Q1 2023 and are now over $100 trillion, up from around $75 trillion in 2019.
To help us sort out these dynamics, we turn to GIC’s College of Central Bankers Fellows José De Gregorio, former Governor of the Central Bank of Chile and currently the Dean of the School of Economics and Business of the Universidad de Chile, and Mustapha Nabli, former Governor of the Central Bank of Tunisia.
The Global Interdependence Center partnered with the University of South Florida Sarasota Manatee, and the Florida West Coast Chapter of the Air and Space Forces Association for Cryptocurrency and the Future of Global Finance, exploring cryptocurrency in depth, on April 20-21, 2023. Nicholas Colas and Jessica Rabe, co-founders of DataTrek Research, presented on cryptocurrency outside of the United States.