Despite favorable indices, it is too soon to tell whether inflation has been tamed. Nonetheless, two clear lessons have emerged from the recent price surge. First, economists’ standard models – especi ...More
EJ Insight2023-01-30
The ongoing volatility in oil and gas markets has come as a shock to many people across the developed world. But its impact on developing countries that rely on producing fossil fuels has been far wor ...More
EJ Insight2023-01-30
事後看來，2022年將被視為人工智能贏得街頭公信力的一年。總部位於三藩市的研究實驗室OpenAI發表的Chat ...全文
名家論壇Project Syndicate2023年01月27日
Multilateral development banks (MDBs) have become the darling of policymakers nowadays. In a recent speech, US Treasury Secretary Janet Yellen called on the World Bank and other international lenders ...More
EJ Insight2023-01-27
Farming is one of the world’s oldest and most far-reaching endeavors. Meeting the growing food demands of the global population – projected to reach ten billion by 2050 – amid accelerating climate cha ...More
EJ Insight2023-01-25
The United States has reached its statutory debt limit of $31.4 trillion. As Washington gears up for yet another partisan showdown over whether to raise the debt ceiling, with congressional Republican ...More
EJ Insight2023-01-24
A host of interconnected “megathreats” is imperiling our future. While some of these have been long in the making, others are new. The stubbornly low inflation of the pre-pandemic period has given way ...More
EJ Insight2023-01-20
Until fairly recently, Chinese President Xi Jinping touted his zero-COVID policy as proof that authoritarian one-party states like China are better equipped to deal with pandemics (or any other crisis ...More
EJ Insight2023-01-18
Although it has been almost a decade since I gave up a full-time job in finance, markets – and market oddities – still fascinate me, especially when they send signals that run against a widely held co ...More
EJ Insight2023-01-17
2022年可被視為人工智能贏得街頭公信力的一年。總部位於美國三藩市的研究實驗室OpenAI發布的ChatGPT ...全文
今日信報時事評論Barry Eichengreen2023年01月16日
The United States’ recently enacted Inflation Reduction Act (IRA), which includes hundreds of billions in federal subsidies for green technologies and renewable energies, marks a long-overdue shift in ...More
EJ Insight2023-01-12
With hindsight, 2022 will be seen as the year when artificial intelligence gained street credibility. The release of ChatGPT by the San Francisco-based research laboratory OpenAI garnered great attent ...More
EJ Insight2023-01-12
2022 was a tumultuous year in many ways. While climate-related shocks became even more prevalent and severe, Russia’s invasion of Ukraine triggered a global energy crisis that continues to affect mill ...More
EJ Insight2023-01-06
The failure of China’s zero-COVID policy is leading to a reassessment of Chinese power. Until recently, many expected China’s GDP to surpass that of the United States by 2030 or soon thereafter. But n ...More
EJ Insight2023-01-06
After a year of big surprises, led by Russia’s invasion of Ukraine, the global spike in inflation rates, and the collapse of cryptocurrency ventures, what kind of year will 2023 prove to be? This kind ...More
EJ Insight2023-01-05
The fact that the world did not experience a systemic financial crisis in 2022 is a minor miracle, given the surge in inflation and interest rates, not to mention a massive increase in geopolitical ri ...More
EJ Insight2023-01-05
Just as a corporate balance sheet can provide insights into a company’s financial health, a “global balance sheet” (GBS), tallying the assets and liabilities of governments, corporations, households, ...More
EJ Insight2023-01-04
Green hydrogen is all the rage these days. During November’s United Nations Climate Change Conference (COP27) in Egypt, German Chancellor Olaf Scholz announced that Germany will invest more than €4 bi ...More
EJ Insight2023-01-04
Inflation rose sharply throughout 2022 across both advanced economies and emerging markets. Structural trends suggest that the problem will be secular, rather than transitory. Specifically, many count ...More
EJ Insight2023-01-03
In November, hundreds of corporate CEOs and heads of state convened in Bali, Indonesia, for the B20 global business summit. The topics on the agenda this year revolved around three interconnected goal ...More
EJ Insight2022-12-28
