Article
Dr. Albert Keidel
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Source: Getty
In The Media
U.S. Financial Crisis and the Global Economy
Although much of the world is relying on an American economic recovery to fend off a global recession, China has proven that it can support its own growth.
Published on Sep 25, 2008
Source: The Diane Rehm Show
Keidel insisted that insolvent banks should be punished to discipline the financial system. He explained that the world is relying on an American recovery, with the exception of China, which has proven to support its own economic growth. Keidel concluded that recent events have their origins in Congressional policy during the 1990s, which "starved" regulatory agencies such as the Securities and Exchange Commission.
Click here to listen to Albert Keidel on the Diane Rehm Show.
About the Author
Dr. Albert Keidel
Former Senior Associate, China Program
Keidel served as acting director and deputy director for the Office of East Asian Nations at the U.S. Department of the Treasury. Before joining Treasury in 2001, he covered economic trends, system reforms, poverty, and country risk as a senior economist in the World Bank office in Beijing.
- As China's Exports Drop, Can Domestic Demand Drive Growth?
- China’s Fourth Quarter 2008 Statistical RecordArticle
Dr. Albert Keidel
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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