Free content

Rodrigo de Rato tells EM that new lessons must be learnt

Former Fed chairman points to more market anguish ahead as US economy teeters on brink of recession

Top managers split on need for more disclosure

Policy-makers move to reassure markets over capital controls

Barney Frank, chairman of the House Financial Services Committee tells Emerging Markets how US lawmakers are dealing with the fallout of the US housing crash

Zoellick seeks new friends to fast track IDA 15 and Bank reforms

Next government urged to boost domestic consumption and business sentiment

In his last known interview before his death in November 2006, Milton Friedman reflected on free markets, monetary policy and nation building. The following are previously unpublished extracts from the late economist’s conversation with Emerging Markets in August 2006

A sharp US downturn could spell disaster for the world economy. A careful policy response is now more urgent than ever

Anxiety about the risks of sovereign wealth funds is bordering on mass hysteria and needs urgent redress, says Arnab Das

The head of the country’s banking association has told Emerging Markets that the financial sector has managed to increase turnover, despite clashes between the government and opposition

The draining of liquidity from the global banking system caused new alarm yesterday (Thursday) when it emerged that UK mortgage lender Northern Rock had arranged to use the Bank of England’s emergency lending facility, an extremely rare occurrence.