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Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Nov 15, 2021

Ajmal Ahmady is the former acting governor of the Central Bank of Afghanistan and is now a senior fellow at the Harvard Kennedy School of Government. Ajmal joins Macro Musings to talk about his experience as a central bank governor in Afghanistan and the challenges now facing the nation’s economy. Specifically, David and Ajmal discuss his unique role as the country’s central bank chief, the structure of the Afghan monetary system, the state of the nation’s economy moving forward, and more.


Transcript for the episode can be found here.


Ajmal’s Twitter: @aahmady

Ajmal’s Harvard biography:

Ajmal's research:


Related Links:


Ajmal’s Twitter thread about Afghanistan’s collapse:


*Why Afghanistan Fell: An Insider’s Account of What Went Wrong* by Ajmal Ahmady


*Afghanistan Faces an Economic Crisis, as Well as a Humanitarian One* by Ajmal Ahmady


*The Taliban Can't Print Cash and Other Afghan Business Challenges* by Ajmal Ahmady


*Severe Drought Adds to Afghanistan’s Woes, Endangering Millions as Economy Collapses* by Sune Engel Rasmussen's,Millions%20as%20Economy%20Collapses%20%2D%20WSJ&text=The%20drought%20has%20compounded%20the,Taliban%20overthrew%20the%20previous%20government.


 *Regional Power Back Aid for Afghanistan as Russia Hosts the Taliban* by Aljazeera


David’s blog:
David’s Twitter: @DavidBeckworth