Global Economic Prospects: Fall 2010


September 30, 2010, 3:00 AM EDT
Peterson Institute for International Economics, Washington, DC

Event Summary

The Peterson Institute hosted its eighteenth semiannual Global Economic Prospects program September 30, 2010. Senior Fellow Michael Mussa projected the course of the world economy for the rest of 2010 and 2011. Research Fellow Jacob Funk Kirkegaard examined economic prospects and policy issues in Western Europe, where aggressive fiscal consolidation is under way in several countries. Senior Fellow Joseph E. Gagnon discussed options for monetary policy in the United States and other industrial countries in light of the economic outlook.

Michael Mussa was chief economist at the International Monetary Fund during 1991–2001 before joining the Institute. He was previously a member of President Reagan's Council of Economic Advisers and a professor of economics at the University of Chicago Graduate School of Business. Jacob Kirkegaard has been with the Institute since 2002 and has released a steady stream of analyses of the European economic and financial crisis and its implications for the world economy. Joseph Gagnon joined the Institute as a senior fellow in 2009 after spending 25 years at the US Federal Reserve, most recently as associate director of the division of monetary affairs working directly with the Federal Open Market Committee.

Event Materials

Paper: Global Economic Prospects as of September 30, 2010: A Moderating Pace of Global Recovery Implications [pdf]
Michael Mussa
September 30, 2010

Presentation: The 2010 European Economic Crisis: Diagnosis, Response, and Longer-Term Implications [pdf]
Jacob Funk Kirkegaard
September 30, 2010

Presentation: Monetary Policy in the United States and the Euro Area [pdf]
Joseph E. Gagnon
September 30, 2010

Interview: To Ease or Not to Ease? A Dialogue
Joseph E. Gagnon
Michael Mussa
October 1, 2010



About This Series

The Peterson Institute for International Economics holds its semiannual Global Economic Prospects each spring and fall to report its US and international economic outlook.