The U.S. Power and the Global Monetary System
Thursday, September 12th| 2:00 p.m. - 3:15 p.m.
University Hall Political Science Village
- About Event
- About the Speaker
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What is the US Federal Reserve's jurisdiction? While our attention to the US central bank is primarily on its domestic dual mandate, the Federal Reserve plays an essential role in safeguarding global financial stability, for some. This talk explores the international activities of the Federal Reserve, with a focus on crisis management, and draws attention to the long history of the Fed's inherently international focus, as the epicenter of global finance over the last century.
We are delighted to have you join us to explore The U.S. Power and the Global Monetary System, co-sponsored by the Global Policy Institute (GPI) and the Economics Department.
Aditi Sahasrabuddhe is an Assistant Professor at Brown University. Her research examines international political economy with a focus on global governance, the politics of international finance, central banking, and international cooperation. Her current book project explains why central banks choose to arrange and deploy swap lines in some crises and not others, as well as the variation between those countries that do and do not receive liquidity assistance through swaps within specific crises. She is also researching legitimacy and popular trust in central banks, the domestic determinants of liquidity assurance policies and swap requests, the security foundations of international currencies, and the effects of trust in monetary governance and currency systems. Her work has been published in the Review of International Political Economy. Her writing has also appeared in The Washington Post’s Monkey Cage and the Jain Family Institute’s Phenomenal World blog.