Andrew Metrick has written a superb paper in Journal of Economic Perspectives on the SVB crisis:
Archive for February 27th, 2024
The Failure of Silicon Valley Bank and the Panic of 2023
February 27, 2024Breaking down success: How emerging market central banks have outperformed the Fed and ECB in the post-Covid inflation surge
February 27, 2024Tatiana Evdokimova, Piroska Nagy-Mohacsi, Olga Ponomarenko and Elina Ribakova in this voxeu post:
Emerging market central banks, once laggards of the central banking policy scene, have made remarkable progress in improving their policy frameworks in the past two decades. This column analyses communication by 22 emerging market central banks over the last two decades and finds that they have markedly improved their transparency and the readability of their statements, proved more astute inflation forecasters, and used forward guidance more sparingly. These improvements have been put to good use in the post-pandemic period and may offer lessons to advanced economy central banks.
The post is based on this paper.






