Prakash Loungani

Prakash Loungani is an Advisor in the Research Department of the International Monetary Fund.

Verdict on Greenspan: Guilty, But Not as Charged

As Fed Chairman, Greenspan utterly failed to limit leverage and bubbles, and this failure magnified financial fragility.

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Footloose Capital Drives Up Income Inequality

Eliminating capital controls leads to more income inequality at home.

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The Frenchman Who Reshaped the IMF

Reflections on the work of Olivier Blanchard, the IMF’s now retired chief economist.

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Carried Away by the Shale Gale

Is the so-called shale boom in the United States just hype?

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The Elusive Quest for Energy Security

Why do the world’s countries need to take a global approach to securing future energy supplies?

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The Global Unemployment Crisis: Costs, Causes, Cures

How to fight the misery index effectively, especially double-digit unemployment rates?

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The Vindication of Joe Stiglitz

Why is there a reasonable risk of another financial crisis within five to ten years?

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