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The Region
Banking and Policy Issues Magazine

December 2002

Region Cover -Anne O. Krueger

Top of the Ninth
Gary Stern discusses the importance of economic literacy in understanding public policy issues.

Interview with Anne O. Krueger
The first deputy managing director of the International Monetary Fund discusses currency boards, the
resilient world economy and other issues.

Financial Literacy Education: A Potential Tool for Reducing Predatory Lending? A review of studies on the effectiveness of financial literacy training and whether such training results in responsible financial decision making by consumers.

Trading Places
Why do nations trade and where do industries locate?

Lender of More Than Last Resort
Recalling Section 13(b) and the years when the Federal Reserve banks opened their discount windows to district businesses in times of economic stress.

Exchange Roller Coasters
The strong dollar-weak dollar debate and the vagaries of currency exchange rate regimes.

Guest Editorial
Preston Miller suggests that long-term federal budget problems, exacerbated by the needs of an aging population, might be alleviated by a new approach to funding benefits received by that same aging population.

Book Reviews
Crossroads of Freedom: Antietam
Five Days in London: May 1940

Remembering When ...
In 1917 the Minneapolis Fed issued a call to district farmers to save their seed corn following a disastrous growing season.

Minneapolis Fed Economists' Journal Editors

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