Speeches
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September 30, 2010 Employment in a Modest Recovery
Insights from financial markets are somewhat fleeting at the moment. A broad range of asset prices from the Canadian dollar to S&P500; futures to European sovereign spreads are unusually correlated and volatile. -
September 15, 2010 Promoting Canada's Economic and Financial Well-being in an Uncertain World
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September 14, 2010 Bundesbank Lecture 2010: The Economic Consequences of the Reforms
Keynes wrote prophetically of the economic consequences of the Treaty of Versailles. Could the same be said of current financial reforms? Are policy-makers taking for granted the essential role performed by finance in a vain pursuit of its risk-proofing? -
September 10, 2010 Restoring Faith in the International Monetary System
We are three years into the global financial crisis, and its dynamics still dominate the economic outlook. In particular, broad forces of bank, household, and sovereign deleveraging can be expected to add to the variability and temper the pace of global economic growth in the years ahead.