Dr. Benn Steil is director of international economics at the Council on Foreign Relations, author of the special report Lessons of the Financial Crisis (Counsel on Foreign Relations Press, 2009), and coauthor of Money, Markets, and Sovereignty (Yale University Press, 2009).
In March 2009, Chinese central bank Governor Zhou Xiaochuan caused a brief stir in the currency markets by suggesting that a dollar-based international monetary system was inherently unsustainable. “Issuing countries of reserve currencies are constantly confronted with the dilemma between achieving their domestic monetary policy goals and meeting other countries’ demand for reserve currencies,” he wrote.
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The Stanford Social Innovation Review is written for and by social change leaders in the nonprofit, business, and government sectors. Sample articles of particular interest to readers of What Matters are available below.
by Ben Hecht. Living Cities is working with five US municipalities to develop an ecosystem for solving urban problems.
by Clayton M. Christensen, Shuman Talukdar, Richard Alton, and Michael B. Horn. Unless clean tech follows well-established rules of innovation and commercialization, the industry’s promise to provide sustainable sources of energy will fail.