Member Spotlight

Mohamed A. El-Erian: A Chance to Fix the Way the IMF Picks Its Leader

Author: Mohamed A. El-Erian, Chief Economic Adviser, Allianz SE

As published in Bloomberg View

The board of the International Monetary Fund was right to reaffirm its full confidence in Christine Lagarde as the institution’s managing director despite her conviction for negligence on Monday by a Paris court. She has done a good job as the head of one of the world’s most important multilateral institutions.

Staci Warden: Views from the Members

Author: Staci Warden, Executive Director, Center for Financial Markets, Milken Institute

There has been a lot of noise recently about electronic money, digital (or virtual) currencies, and cryptocurrencies based on blockchain technologies. These terms are often used interchangeably, but they are not the same thing. And one way to make sense of exactly how they are different is to think about them in terms of the power they confer on the Central Bank.