Kenneth Rogoff

In contrast to recessions driven mainly by a demand shortfall, the challenge posed by a supply-side-driven downturn is that it can result in sharp drops in production, generalized shortages and rapidly rising prices.

Many leading central bankers now argue that, instead of just playing its traditional role of deciding the allocation of government spending, investment, taxes, and transfers, fiscal policy must substitute for monetary policy in economic fine-tuning and fighting recession. That would be a big mistake.

Kenneth Rogoff calls for refocusing the International Monetary Fund's mandate for dealing with emerging-market debt crises.

Megacities dominate the national narrative, but former IMF chief economist Kenneth Rogoff explains how cities like Rochester, N.Y. could rise again.

Kenneth Rogoff explains why a new agency is necessary for solving climate change.