Back

Jeffrey A. Frankel - What makes a robust fiscal policy?

June 7, 2016
Related topics: 
Economy
Sectorial policies and structural transformation
Macroeconomics and regulation
Speakers
Jeffrey Frankel
Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government
Jeffrey Frankel is James W. Harpel Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government.   He directs the program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also on the Business Cycle Dating Committee, which officially declares recessions.   He served at the Council of Economic Advisers in 1983-84 and 1996-99.  As CEA Member appointed by President Clinton, Frankel's responsibilities included international economics, macroeconomics, and the environment. Before moving East, he had been Professor of Economics at the University of California, Berkeley, having joined the faculty in 1979.   His research interests include international finance, curren ...
Tayeb Ghazi
Principal Economist
Tayeb Ghazi is Principal Economist at the Policy Center for the New South (PCNS). He is also a member of the Social and Solidarity Economy Research Group at Cadi Ayyad University and holds a master's degree in applied finance from the same university. He is currently working on topics related to labour market, education, migration and some aspects of international trade in developing countries. ...

RELATED CONTENT

  • حديث الثلاثاء: مستجدات قانون المالية لسنة 2027
    November 10, 2026
    يناقش هذا الحوار أبرز التوجهات الاقتصادية والاجتماعية لمشروع قانون المالية لسنة 2027 في المغرب، في ظل الحاجة إلى التوفيق بين دعم النمو والاستثمار وخلق فرص الشغل، وتعزيز الحماية الاجتماعية، والحفاظ على التوازنات المالية. كما يتناول شروط فعالية المجهود الاستثماري، وسبل تمويل الأولويات الا...
  • Download PDF
    The Partnership for Cultural Trade in the New South
    Authors
    Patrick Kabanda
    Otaviano Canuto
    November 10, 2026
    Cultural trade is a dynamic engine for economic diversification in the New South. Despite decades of diversification rhetoric, however, this sector remains underrealized. Thus, many countries across Africa, Latin America and the Caribbean, Asia, and the Middle East are still commodity-dependent, even though the global creative economy has grown roughly eightfold since 2002, to surpass $2 trillion—that figure, moreover, does not even account for the nonmonetary benefits that merit co ...
  • Le Maroc à l’horizon 2040 : vers une adhésion à l’OCDE ?
    November 9, 2026
    Cette interview examine les perspectives d’une éventuelle adhésion du Maroc à l’OCDE à l’horizon 2040, en revenant sur les conditions économiques, institutionnelles et réglementaires qu’un tel processus pourrait impliquer. Elle met en perspective les réformes engagées par le Royaume, le...
  • Regionalism and G20 Support for Neighboring Non-G20 Developing Countries
    Authors
    Bambang Brodjonegoro
    Karim El Aynaoui
    November 2, 2026
    This policy note was published as part of the T20 U.S. 2026 Workstreams, under the workstream “Fostering Trade and People-Centered Economic Growth,” which brings together policy experts to develop recommendations for G20 policymakers. The Group of Twenty (G20) accounts for most of the world’s output, yet its decisions shape the prospects of 174 United Nations Member States without G20 membership, among them the great majority of least developed countries and small states. Many ...
  • Emerging Powers and the Remaking of Global Order
    October 15, 2026
    The Policy Center for the New South, in partnership with The Asian Network, is organizing a webinar titled “Emerging Powers and the Remaking of Global Order” to examine the growing role of emerging powers and the Global South at a time of profound transformation in the international sys...
  • Agglomeration and Polarisation Trap: Evidence from Morocco
    Authors
    Mahmoud Arbouch
    September 9, 2026
    This paper was originally published as a chapter in the ISPI report The Pursuit of Smart Mobility in Urban Nodes: Trends and Innovation for Citizens and Freight. Agglomeration economies have historically supported industrialisation and global integration by concentrating firms, labour and infrastructure in dynamic urban cores. However, these same forces have also generated persistent patterns of territorial polarisation. Drawing on New Economic Geography, this chapter interpret ...
  • Benign or Malign? Reasons for the Rise in Long-term U.S. Interest Rates
    Authors
    Otaviano Canuto
    September 3, 2026
    “A band-aid on a bullet hole!” That’s how Charlie McElligott, a cross-asset strategist at Nomura, described the maneuver carried out by United States Treasury Secretary Scott Bessent on August 19. The U.S. Treasury Department announced that from September 9 to November 4, it would double the volume of long-term bond buybacks, going from $2 billion to at least $4 billion per operation, with a focus on maturities of between 10 and 30 years. ...