The dollar and the next international monetary order
Examine the sources of the dollar’s influence and the challenges to its position. Connect the debate about monetary power with corporate exposure to currencies, funding and international markets.
Harvard economist, former IMF chief economist and author of Our Dollar, Your Problem
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Kenneth Rogoff brings a long historical view to decisions about inflation, debt and international finance. He helps leadership teams examine the monetary and fiscal assumptions behind their plans, including their exposure to financing conditions and the dollar. His research on financial crises provides context for evaluating vulnerabilities without treating every disruption as a repeat of the past. For boards and executive audiences, his contribution is a disciplined discussion of economic trade-offs, uncertainty and the institutions on which financial stability depends.
Examine the sources of the dollar’s influence and the challenges to its position. Connect the debate about monetary power with corporate exposure to currencies, funding and international markets.
Understand how monetary policy, fiscal choices and debt interact. Test the financing assumptions inside long-term plans without reducing a complex economic outlook to a single forecast.
Use historical evidence to examine recurring vulnerabilities and the conditions that can turn a manageable exposure into a crisis. Explore what executives should monitor before markets force a decision.
Consider the institutions and trade-offs behind monetary and fiscal decisions. Distinguish the political appeal of a policy from its potential effects on stability, incentives and investment.
Kenneth Rogoff is the Maurits C. Boas Professor of International Economics at Harvard University and a former chief economist of the International Monetary Fund. His work spans international finance, macroeconomics, financial crises and monetary institutions.
As the IMF’s chief economist from 2001 to 2003, Rogoff worked at the intersection of economic research and international policy. His academic research includes influential work on central bank independence and the design of monetary policy, alongside studies of international debt and exchange rates.
With Carmen Reinhart, he co-authored This Time Is Different, a historical study of financial crises. He also co-authored Foundations of International Macroeconomics with Maurice Obstfeld. His 2025 book, Our Dollar, Your Problem, examines the dollar’s rise and durability, the challenges to its position and the consequences of changes in the international monetary system.
Rogoff’s perspective is relevant to organisations making commitments across currencies, markets and economic cycles. He connects current debates with the historical record while attending to the differences between countries, institutions and periods. A leadership conversation can examine inflation risks, public and private debt, currency exposure and the conditions under which apparently stable assumptions become vulnerable.
For an executive audience, the strongest brief begins with a concrete economic dependency: the cost of capital, the resilience of demand or the role of the dollar in an international business. Rogoff brings the research depth to test those assumptions and clarify the trade-offs behind competing policy responses.
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