Willem Buiter Commentary:

Non-Technical Papers

  1. Stabilizing Financial Markets: Lending and Market Making as a Last Resort. European Systemic Risk Board. Report of the Scientific Committee, No. 13, January 2023. With Stephen Cecchetti, Kathryn Dominguez, and Antonio Sánchez Serrano.

  2. "Did EU Membership Bring Economic Benefits for CESEE Member States?" With David P. Lubin. In Istvan P. Szekely, Faces of Convergence. E-book: Vienna Institute for International  Economic Studies, May 2019.

  3. "The Implications of Brexit for the Rest of the EU." With Ebrahim Rahbari and Christian Schulz. VoxEU, 2 March 2016.

  4. "Inflation in the Eurozone: Why has Demand Management Failed So Badly?" Panelist's remarks for Current Perspectives on Unemployment and Inflation in the Euro Area and Advanced Economies, 22 May 2015. Second ECB Forum on Central Banking. Sintra, Portugal, 21–23 May 2015. Video recordings of all sessions. Conference volume: Inflation and Unemployment in Europe. Sintra, Portugal: European Central Bank, Eurosystem, 2015.

  5. "Secular Stagnation: The Time for One-Armed Policy is Over." With Ebrahim Rahbari and Joe Seydl. VoxEU, 5 June 2015.

  6. "Zwaluwen boven de Eurozone." Me Judice, Economen in Debat (11 October 2011). Shortened Dutch version of "Three Bits of Good News and One Piece of Bad News for the Euro Area." Citi Research. Economics, Europe. Global Economics View. (24 September 2012).

  7. "Wordt de Eurozone een Roebelzone?"Me Judice, Economen in Debat, 15 February 2012.

  8. "Wie Faalt Betaalt: Een Derde Weg Voor de Eurozone." With Ebrahim Rahbari. Me Judice, Economen in Debat (22 September 2011).

  9. "The Debt of Nations: Prospects for Debt Restructuring by Sovereigns and Banks in Advanced Economies." CFA Institute Conference Proceedings Quarterly, vol. 28 (September 2011): 18–24. For an abstract, click here.

  10. "The Implications of Intra-Euro Area Imbalances in Credit Flows." With Ebrahim Rahbari and Juergen Michel. CEPR Policy Insight No. 57, August 2011.

  11. "The 'Strong Dollar' Policy of the US: Alice-in-Wonderland Semantics vs. Economic Reality." With Ebrahim Rahbari. VoxEU, 28 June 2011.

  12. "Global Growth Generators; Moving Beyond Emerging Markets and BRICs." With Ebrahim Rahbari. CEPR Policy Insight No. 55, April 2011.

  13. "Greece and the Fiscal Crisis in the Eurozone." With Ebrahim Rahbari. CEPR Policy Insight No. 51, October 2010.

  14. "Lessons from the Global Financial Crisis for Regulators and Supervisors." In Henning Klodt and Harment Lehment, eds. The Crisis and Beyond. E-book: Kiel Institute for the World Economy, November 2009, pp. 57–82.

  15. "Establishing a New Macro-Economic Policy Regime." Jn Anton Hemerijck, Ben Knapen and Ellen van Doorne, eds. Aftershocks,Economic Crisis and Institutional Choice. Amsterdam: Amsterdam University Press, 2009, pp. 122–32.

  16. "Fiscal Sustainability." Financial Regulation and Macroeconomic Stability; Key Issues for the G20, HM Treasury, London. HM Treasury and the Centre for Economic Policy Research, 31 January 2009. Published in Mathias Dewatripont, Xavier Freitas and Richard Portes eds. Macroeconomic Stability and Financial Regulation: Key Issues for the G20. Ebook: CEPR, 2009, pp. 79-90.

  17. "The Overwhelming Economic Case for the United Kingdom Adopting the Euro." In Graham Bishop, Willem H. Buiter, Brendan Donnelly and Will Hutton, eds. Britain Should Join the Euro: Essays on the 10th Anniversary of the Launch of the European Single Currency. London: John Stevens, 2009.

  18. "The Collapse of Iceland's banks: The Predictable End of a Non-Viable Business Model." With Anne C. Sibert, VoxEU, 30 October 2008.

  19. "The Icelandic Banking Crisis and What to do About It: The Lender of Last Resort Theory of Optimal Currency Areas." With Anne C. Sibert. CEPR Policy Insight No. 26, October 2008.

  20. "Can Central Banks Go Broke?" CEPR Policy Insight No. 24, May 2008.

  21. "Lessons from the 2007 Financial Crisis." Paper submitted in evidence to the UK Treasury Select Committee in connection with nn appearance before the Committee, 13 November 2007. Abstract. Published as CEPR Policy Insight No. 18, December 2007.

  22. "Clipping Central Bankers' Wings." Central Banking, vol. 43 (November 2007): 28-32. Abstract.

  23. "Targets, Instruments and Institutional Arrangements for an Effective Monetary Authority." With Anne C. Sibert. Seventh L.K. Jha Memorial Lecture. Reserve Bank of India. Mumbai, October 2000. Publishied in L.K. Jha Memorial Lecture Series. Mumbai: Reserve Bank of India, pp. 117–46.

  24. "Over Goede Intenties en de Harde Wetten van de Woningmarkt." With Harry van Dalen, Sylvester Eijffinger, Kees Koedijk, Coen Teulings and Arjen van Witteloostuijn. Tijdschrift voor Politieke Economie, vol. 27, no. 6 (2006): 20–42.

  25. "Voorjaarsnota 2006: De Verleiding van een Opgaande Conjunctuur." With S.C.W. Eijffinger, C.G. Koedijk, C.N. Teulings and A. van Witteloostuijn. Tweede Kamer der Staten-Generaal, Voorjaarsnota 2006, Advies van de Raad Economisch Adviseurs, Vergaderjaar 2005-2006, 30 560, Nr 3.

  26. "When should the New Central European Members Join the Eurozone?" With Anne C. Sibert. Bančni vestnik—The Journal for Money and Banking of the Bank Association of Slovenia, Special Issue. Small Economies in the Euro Area: Issues, Challenges and Opportunities, vol. 11 (2006): 5–11.

  27. "The ECB and M3: From Pillar to Post?" With Erik F. Nielsen and Daniel Vernazza. European Weekly Analyst, issue 06/29 (27 July 2006). Goldman Sachs Global Economic website, https://portal.gs.com.

  28. "Eurozone Entry of New EU Member States from Central Europe: Should they? Could they?" With Anne C. Sibert. in Development & Transition, UNDP-LSE Newsletter 4 (June 2006): 16 –19.

  29. "It's a long way to Copenhagen: Turkey's Membership of and Convergence with the European Union." Background note for comments for the presentation of the World Bank's 2006 Country Economic Memorandum Promoting Sustained Growth and Convergence with the European Union. Ankara, 6 March 2006 and Brussels, 9 March 2006. Published as Centre for European Policy Studies Policy Brief No. 96, March 2006.

  30. "Dark Matter or Cold Fusion?" Goldman Sachs Global Economics Paper No. 136, 16 January 2006: 1–16.

  31. "Country Ownership: A Term Whose Time has Gone." Remarks for the Development Policy Forum Conditionalitly Revisited, World Bank, World Bank Conference Center, Paris, 5 July 2004. Published in Stefan Koeberle, Harold Bedoya, Peter Silarszky and Gero Verheyen, eds. Conditionality Revisited; Concepts, Experiences and Lessons. Washington, D.C.: World Bank, 2005, pp. 27–32. Also published in Development in Practice, vol. 17 (August 2007): 647–52. Reprinted in Andrea Cornwall and Deborah Eade, eds. Deconstructing Development Discourse, Buzzwords and Fuzzwords. Oxford: Practical Action Publishing for Oxfam, 2010.

  32. Minutes of evidence given to the Economic Affairs Committee of the House of Lords, 10 February 2004. In Monetary and Fiscal Policy: Present Successes and Future Problems. Vol. 2. Evidence, House of Lords Select Committee on Economic Affairs, Third Report of Session 2003–04, HL Paper 176-II, pp. 121–30, 11November 2004.

  33. How to reform the Stability and Growth Pact," Central Banking, vol. 13 (February 2003): 49–58.

  34. Minutes of evidence taken before the European Union Committee (Sub-Committee A) of the House of Lords, 10 December 2002. House of Lords, Select Committee on the European Union, Session 2002-03, 13th Report. The Stability and Growth Pact, with Evidence. London: Stationary Office Limited, 11 March 2003.

  35. *"Europa kan Maastricht Overleven." (Europe can survive Maastricht) Socialisme en Democratie, vol. 53, no. 7/8 (1996): 411–6.

  36. *"Two Cheers for EMU." Memorandum. House of Lords, Select Committee on the European Communities, an EMU of 'Ins and Outs.' Vol. 2, Evidence. London: HMSO, June 1996, pp. 201–5. Also in European Economic Perspectives, no. 9 (July 1996): 5–7.

  37. *"Examination of Witness, Minutes of Evidence taken before the European Communities (Sub-Committee A) of the House of Lords. Select Committee on the European Communities, an EMU of 'Ins and Outs.' Vol. 2. Evidence. London: HMSO, June 1996, pp. 206–12.

  38. "Ten Commandments for a Fiscal Rule in the E(M)U." Oxford Review of Economic Policy, vol. 19 (Spring 2003): 84–99. Abstract.

  39. "Why Britain Should Join the Euro." With Richard Layard, Christopher Huhne, Will Hutton, Peter Kenen and Adair Turner. London: Britain in Europe, October 2002.

  40. "Opportunities and Challenges for Estonia's Economic Convergence to the EU." With Vanessa Mitchell-Thomson. Postimees (Estonia's largest daily newspaper), July 2002.

  41. "Globalisation and Regional Integration: A View from Eastern Europe and the FSU." In House of Lords, Session 2001-02, Select Committee on Economic Affairs, Globalisation, Oral Evidence up to 13 March. 2002, London: Stationary Office Ltd., pp. 83–96.

  42. "Recession and Financial Crisis: How Prepared are We?" Published as "Ugly Things Can Happen."The World Today, vol. 57 (May 2001): 11–13.

  43. *"The Case for the Euro." With Richard Layard, David Currie, Christopher Huhne, Will Hutton, Peter Kenen, Robert Mundell and Adair Turner. Britain in Europe, 12 June 2000.

  44. "Weathering the International Storm." The Business Economist, vol 30, no. 1 (1999): 13–22.

  45. "Le Royaume-Uni et l'UEM." Politique Étrangère, 1/1999, pp. 45–62. English version: "Britain and EMU."

  46. "Nederland uit de Verte: Beeld en Werkelijkheid van Nederland in het Buitenland." (The Netherlands From a Distance: Appearance and Reality of the Netherlands Abroad. In Frans Becker, Win van Henekelen, Bart Tromp en Marjet van Zuylen, eds. Nederland in de Wereld. Amsterdam: de Arbeiderspers, 1995, pp.23-29.

  47. *"Options for UK Fiscal Policy." With David Currie. Oxford Review of Economic Policy vol. 9, no. 3 (1993).

  48. "Antwoord aan de Haas." (Reply to de Haas) Economisch Statistische Berichten, May 1992. "Moeten Wij ons Zorgen Maken Over de Fiscale Voodoo van Maastricht?" Economisch Statistische Berichten, March 1992. English version: "Should we Worry about the Fiscal Numerology of Maastricht?" Yale University Economic Growth Center Discussion Paper, no. 654, March 1992.

  49. *"The Plain Man's Guide to Fiscal and Financial Policy." With Charles R. Bean. In Conquering Unemployment: The Case for Economic Growth. Hampshire, UK: Macmillan Press, 1989.

  50. *"Some thoughts on the Brady Plan: Putting a Fourth Leg on the Donkey?" With Kenneth Kletzer and T.N. Srinivasan. World Development, vol. 17, no. 10 (1989): 1161–4.

  51. "Rewarding the Profligate and Punishing the Prudent and Poor: Some Recent Proposals for Debt Relief." With T.N. Srinivasan. World Development, vol. 15 (April 1987): 411–17.

  52. *"Academisch Economisch Onderzoek in Nederland: Productie, Productiviteit en Profilering." With F. de Roos, A.P. Barten, H. Daems and J. Snippe. Eindrapport van de Verkenningscommissie Economische Wetenschappen (Academic Economic Research in the Netherlands: Production, Productivity and Profile.) Final Report of the Investigative Committee, Economic Sciences, August 1986.

  53. ""The Role of Economic Management." Catalyst, vol. 1 ( Spring 1985): 73-86. Working paper version, missing page 17.

  54. *"Public Debt and Fiscal Responsibility." With Olivier J. Blanchard and R. Dornbusch. Centre for European Policy Studies Papers No. 22, 1985.

  55. "Europe: The Case for Unsustainable Growth." With Richard Layard, Giorgio Basevi, Olivier Blanchard and Rudiger Dornbusch. Centre for European Policy Studies Papers No. 8/9 (May 1984). Working paper version.

  56. *"Competitiveness." in House of Commons Select Committee on the Treasury and Civil Service, Memoranda on Monetary Policy, 3 February 1981.

Note: If the title of a publication is preceded by an asterisk, then I don't have access to any copy (even a working paper version) that can be made available via this website. Should you be in the possession of such items, please send them to me at whb1002@gmail.com.