GLOBAL ECONOMIC PROSPECTS
Global Economic Prospects: Fall 2010
Michael Mussa, Peterson Institute
Jacob Funk Kirkegaard, Peterson Institute
Joseph E. Gagnon, Peterson Institute
Peterson Institute for International Economics, Washington, DC
September 30, 2010
The Peterson Institute hosted its eighteenth semiannual Global Economic Prospects program September 30, 2010. Senior Fellow Michael Mussa projected the course of the world economy for the rest of 2010 and 2011. Research Fellow Jacob Funk Kirkegaard examined economic prospects and policy issues in Western Europe, where aggressive fiscal consolidation is under way in several countries. Senior Fellow Joseph E. Gagnon discussed options for monetary policy in the United States and other industrial countries in light of the economic outlook.
Michael Mussa was chief economist at the International Monetary Fund during 1991–2001 before joining the Institute. He was previously a member of President Reagan's Council of Economic Advisers and a professor of economics at the University of Chicago Graduate School of Business. Jacob Kirkegaard has been with the Institute since 2002 and has released a steady stream of analyses of the European economic and financial crisis and its implications for the world economy. Joseph Gagnon joined the Institute as a senior fellow in 2009 after spending 25 years at the US Federal Reserve, most recently as associate director of the division of monetary affairs working directly with the Federal Open Market Committee.