Join one of the world’s foremost observers on the global economy, Professor Kenneth Rogoff, as he discusses his new book Our Dollar, Your Problem, with Professor of Economics Andrea Ferrero from Oxford’s Department of Economics. The event is moderated by the School’s Professor of Economics and Public Policy Clare Leaver.

In Our Dollar, Your Problem, Professor Rogoff, the Maurits C. Boas Professor of Economics at Harvard University and former International Monetary Fund chief economist, explores the global rise of the U.S. dollar and shows why its future stability is far from assured, animating the remarkable postwar run of the dollar—how it beat out the Japanese yen, the Soviet ruble, and the euro—and the challenges it faces today from crypto and the Chinese yuan, the end of reliably low inflation and interest rates, political instability, and the fracturing of the dollar bloc.

The discussion is followed by a drinks reception.

Speaker biographies

Kenneth Rogoff is Maurits C Boas Professor at Harvard University, and former chief economist at the IMF. Rogoff is  known for his pioneering work on central bank independence, and on exchange rates. His monthly syndicated column on global economic issues is published in over 50 countries. His 2025 Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance explores the post-war rise of the dollar, the challenges ahead from crypto and the Chinese yuan, and argues that the period of reliably low interest rates, inflation and exchange rate volatility has likely come to an end. Rogoff is an elected member of the National Academy of Sciences and the American Academy of Arts and Sciences. He has long ranked among the top ten most cited economists, and is an international grandmaster of chess.

Andrea Ferrero is a Professor of Economics at the University of Oxford, a Senior Research Fellow at Trinity College, and a CEPR Research Fellow. After graduating with a PhD from NYU in 2006, he was an economist in the research department of the Federal Reserve Bank of New York for seven years. He held visiting positions at various universities and central banks. He is currently an academic consultant for the Bank of England.

Clare Leaver is Professor of Economics and Public Policy at the Blavatnik School of Government, and a Fellow of University College. Much of Clare’s research focuses on careers and incentives within the public sector. Her work spans different sectors and regions, from utility regulation in the United States, the judicial system in England and Wales, to education systems in sub-Saharan Africa and Brazil. She is currently working with the Government of Ghana on a study of delivery approaches in education districts and schools, and with the Government of Rwanda on reforms to teacher performance pay.