# Maurice Obstfeld

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S9 Ep24: Stablecoins and Global Imbalances

A radical macroeconomic experiment is under way at exactly the moment the US external position is showing signs of real stress. Gilles Moëc, Chief Economist at AXA, has written a chapter in the fourth Paris Report, published jointly by CEPR and Bruegel, on stablecoins: what they are, why the US g…

S9 Ep23: Global imbalances redux

Three times since the 1970s, global imbalances have grown large. In the 1980s, the US trade deficit ballooned under Volcker's tight money and Reagan's tax cuts and military spending. In the 2000s, a global savings glut and then a US housing credit boom pushed the deficit to 6% of GDP. Today, the …

S9 Ep25: Rebalancing the Chinese economy

In 2003, Premier Wen Jiabao warned that China's growth model was unbalanced between supply and demand, over-reliant on investment and exports. More than 20 years later, the imbalance is smaller — but China is vastly larger. What its economy produces and exports now moves global markets. The argum…

Trump’s 25% Iran Tariffs Explained

Ed Elson speaks with Maurice Obstfeld, senior fellow at the Peterson Institute for International Economics, about the economic situation in Iran and what Trump’s new tariff on its business partners means for the country. Then Mark Zandi, Chief Economist at Moody’s Analytics, joins the show to discu…

Is Amazon Losing Its Edge? What the AWS Outage Means for the Cloud Wars

Ed Elson speaks with Mark Mahaney, head of internet research at Evercore ISI, about what the AWS outage reveals about Amazon’s role in the cloud space and what’s next for the stock. Then Ed is joined by Maurice Obstfeld, senior fellow at the Peterson Institute for International Economics, to check …

Drive Time Show Podcast 15-05-2026: War Economics: The Debt Loop

Join our hosts for Friday’s show from 4-6pm where we will be discussing: ‘War Economics: The Debt Loop’ War Economics: The Debt Loop It is now widely recognised that nearly every country is in debt to the global financial system, from the most developed nations to the world’s poorest. This progra…

S9 Ep37: Addressing Global Imbalances

Episode recorded on 19 June 2026 at the PSE-CEPR Policy Forum in Paris. Twice before, the world's savings and debts have piled up in the wrong places, and twice the imbalance broke something. The first time it took the Plaza Accord to fix it. The second time it took a global financial crisis. Now…

Cross Purposes in Dollar Policies

In July, the US Treasury joined Japanese authorities in a joint intervention to prop up the yen -- the first US action in support of the yen since 1998. Maurice Obstfeld joins EconoFact Chats to discuss why the intervention reflects the pursuit of conflicting goals -- strengthening the yen, even as…

Trump’s 25% Iran Tariffs Explained

Ed Elson speaks with Maurice Obstfeld, senior fellow at the Peterson Institute for International Economics, about the economic situation in Iran and what Trump’s new tariff on its business partners means for the country. Then Mark Zandi, Chief Economist at Moody’s Analytics, joins the show to discu…

Is Amazon Losing Its Edge? What the AWS Outage Means for the Cloud Wars

Ed Elson speaks with Mark Mahaney, head of internet research at Evercore ISI, about what the AWS outage reveals about Amazon’s role in the cloud space and what’s next for the stock. Then Ed is joined by Maurice Obstfeld, senior fellow at the Peterson Institute for International Economics, to check …