Eswar Prasad, Professor of Economics at Cornell University and a senior fellow at the Brookings Institution, is the former head of the IMF's Financial Studies Division.

Capital controls are back in vogue. Facing sharp currency appreciation and fearing asset-price booms fueled by hot money, countries such as Indonesia, Korea, and Taiwan have recently taken steps to limit inflows. >>
Jean Pisani-Ferry, is Director of Bruegel, the EU economic and policy, Professor of Economics at Université Paris-Dauphine, a member of the French Prime Ministers Council of Economic Analysis.

The Europeans have begun to assemble the bricks for a new building, but without having agreed on its size and design. For the time being, they rather give the impression to have thrown sandbags in disorder in an attempt to stop a wave. >>
Simon Johnson, a former chief economist of the IMF, a professor at MIT Sloan, and a senior fellow at the Peterson Institute for International Economics.

Teddy Roosevelt, of course, preferred to Speak softly and carry a big stick. The Kanjorski Amendment is a very big stick. Who will pick it up? >>
Doug Bandow, senior fellow at the Cato Institute, the former special assistant to President Ronald Reagan.

Europe is bankrupt. It is spending less on the military. America is bankrupt. It is spending more on the military. And defending Europe. >>
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Post-Crisis World Institute