Word: rogoff
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Dates: during 2000-2009
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...growth rate and is enabling companies such as Degussa and its German competitors to raise prices and offset more than j1 billion in extra raw-material costs. "High oil prices certainly still matter, but probably only half as much as they did 15 to 20 years ago," says Kenneth Rogoff, former chief economist at the International Monetary Fund (IMF), who now teaches at Harvard. He says that a $15 per bbl. increase in the price of oil 10 years ago, if sustained for a year, would have cut growth in Europe and the U.S. by about 1%. Now it amounts...
Cabot Professor of Public Policy Kenneth S. Rogoff praised Freeman’s paper, but said he hopes that the United States’ flexible market economy and education system will help the country survive a changing economic climate...
...Rogoff said the United States must keep its doors open to foreigners, because much U.S. strength in science and engineering comes from foreigners who take advantage of America’s unparalleled education system and then decide to live here afterward...
...further liberalization of trade is in their interest. "There's a much higher risk of only a modest outcome to the Doha round," because of antiglobalization fears in Europe, says C. Fred Bergsten, director of the Washington-based Institute for International Economics. Others are more pessimistic. Kenneth S. Rogoff, a former research director at the International Monetary Fund, says: "One has to be very concerned that we will see total trade paralysis over the next five years." Avoiding such a timid outcome in Hong Kong is the sort of challenge Mandelson relishes. A passionate and ambitious man, he is complex...
...been a very effective public speaker in Washington,” says Rogoff...