Speech by Laurence Meyer of the Federal Reserve

SPEECH - Laurence Meyer said in a speech on Tuesday afternoon titled 'Financial Stability in Emerging Markets: What Have We Accomplished and What Remains To Be Done?' that an international bankruptcy scheme like that proposed recently by the IMF is not a good idea and reaffirmed his view that the Fed is not a central bank for the world.

Remarks by Governor Laurence H. Meyer at the Center for Strategic and International Studies, Washington, D.C., 18 December.

Financial Stability in Emerging Markets

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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