... and then reserve that knowledge for themselves, rather than contributing back to the community. As the world moves towards cloud services, we must bring the community along, by building on the softwa ...More
EJ Insight2021-06-23
... e Federal Reserve Bank of Atlanta, for example, warned last month that the US might be headed toward an inflationary episode on par with the years after World War II, when the release of pent-up deman ...More
EJ Insight2021-06-11
... ry Fund’s reserve asset. Without such assistance, the world risks suffering a lost decade of development and failing to realize many of the United Nations Sustainable Development Goals. The G7 must al ...More
EJ Insight2021-06-10
... S Federal Reserve to refrain from raising rates until its signalled 2023 time frame. Spreads are now trading at prepandemic levels, leaving little spread cushion in the event of market dislocation and ...More
EJ Insight2021-05-31
... rnational reserve currency (the US dollar) and significant funding for multilateral institutions. In exchange for these contributions, advanced economies have enjoyed enormous privileges, including a ...More
EJ Insight2021-05-28
... S Federal Reserve expected, and today’s frothy financial markets could undergo a correction, thereby weakening confidence. In China and the economies closely linked to it, the recovery owes much of it ...More
EJ Insight2021-05-26
... e Federal Reserve was behind them. The Federal Reserve, ...全文
... S Federal Reserve is somewhat behind the ECB but has recently created a committee to look at embedding climate-related risk into considerations of financial stability. In our view, the main stimulus n ...More
EJ Insight2021-05-14
... credible reserve currency depends on currency convertibility, deep capital markets, honest government, and the rule of law – all of which China lacks. The US has demographic advantages, too: its work ...More
EJ Insight2021-05-10
... the IMF’s reserve asset) can help, but this instrument is too crude and ill-designed to use on a routine basis. The Bretton Woods institutions established at the end of World War II were designed to a ...More
EJ Insight2021-05-06
... ry Fund’s reserve asset) – something that President Donald Trump’s administration had blocked. Details of the plan, which has been endorsed by the G20 finance ministers and central bank governors and ...More
EJ Insight2021-04-22
... eaningful reserve currency for the time being or act as a sizable counterweight to any negative economic influence coming out of the US. In addition, China’s ability to stimulate through infrastructur ...More
EJ Insight2021-04-21
... S Federal Reserve and other major central banks are being excessively accommodative with policies that combine monetary and credit easing. The liquidity provided by central banks has already led to as ...More
EJ Insight2021-04-15
In 2009, in the midst of the global financial crisis, Paul Volcker, the former Federal Reserve chair, famously observed that the only socially productive financial innovation of the preceding 20 years ...More
EJ Insight2021-04-12
... S Federal Reserve’s tune, even if Chinese capital controls provide some measure of insulation. China’s GDP (measured at international prices) surpassed that of the US back in 2014 and is still growing ...More
EJ Insight2021-04-05
... ’s global reserve asset. As matters stand, the IMF could immediately issue about $650 billion in SDRs without seeking approval from member-state legislatures. And the expansionary effect could be boos ...More
EJ Insight2021-03-26
... S Federal Reserve introduced in spring 2020 has lowered short-term interest rates to zero, and Fed Chair Jerome Powell has repeatedly pledged to leave rates at that level for several years. A third fa ...More
EJ Insight2021-03-26
... 行（Federal Reserve Bank of Boston）與麻省理工學院（MIT）的學者們已經在這樣做 ...全文
名家論壇Project Syndicate2021年03月23日
... the IMF’s reserve asset, a move that her predecessor, Steven Mnuchin, had blocked. Following their February 26 meeting, G20 finance ministers and central bank governors asked the IMF to develop such a ...More
EJ Insight2021-03-11
