Russia’s invasion of Ukraine, and the sweeping sanctions the United States and Europe have imposed on Russia in response, have triggered economic disruptions at four levels: direct, blowback, spillove ...More
EJ Insight2022-03-09
US corporate giants often criticize the European Commission’s aggressive competition policy, claiming that it protects inefficient European firms. Meanwhile, they applaud America’s laissez-faire antit ...More
EJ Insight2022-03-07
Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contain ...More
EJ Insight2022-03-04
The savage fighting in Ukraine has led many to wonder whether Russian President Vladimir Putin’s supposed strategic brilliance is all that it was chalked up to be. Though Putin anticipated that NATO w ...More
EJ Insight2022-03-04
Russia’s brutal invasion of Ukraine should be a wake-up call for Western politicians, corporate leaders, and economists who advocate a green and equitable future but lack any practical or strategic se ...More
EJ Insight2022-03-04
On February 24, the first day of the full-scale invasion of Ukraine, the West paid Russia about $500 million. That’s the average daily value of purchases of Russian energy by the European Union, the U ...More
EJ Insight2022-03-03
A close friend who has been incredibly successful in his tech career once observed that an initial suboptimal decision is likely to lead to a series of subsequent bad decisions. Economists call this “ ...More
EJ Insight2022-03-02
Climate change is not the only slow-moving crisis to reach a tipping point thanks to corporate greed, individual bad behavior, a stalemate in international negotiations, and a prolonged lack of any se ...More
EJ Insight2022-03-02
The world currently faces a triple crisis: a pandemic, a climate emergency, and immediate threats to biodiversity. But instead of a strengthened sense of solidarity, there is increasing distrust among ...More
EJ Insight2022-03-01
Now that Russian President Vladimir Putin has launched a full-scale invasion of Ukraine, we must consider the economic and financial consequences of this massive historic development. The Ukraine war ...More
EJ Insight2022-02-28
In 1955, then-US Federal Reserve Chair William McChesney Martin famously said that the Fed’s job was to take away the punch bowl “just when the party was really warming up,” rather than waiting until ...More
EJ Insight2022-02-25
Instability is the new worldwide normal. From Russia’s invasion of Ukraine and tensions in the Taiwan Strait to the COVID-19 pandemic and climate change, the challenges the world faces are as varied a ...More
EJ Insight2022-02-25
For centuries, the streets of Cairo have been festooned with traditional lanterns to celebrate the holy month of Ramadan. In recent decades, the domestically produced lanterns were replaced by cheaper ...More
EJ Insight2022-02-24
世界各國領導人齊集里約熱內盧，就一系列措施達成一致，以啟動全球動員應對人為氣候變化，並滿足更可持續發展模式的必 ...全文
名家論壇Project Syndicate2022年02月23日
So far this century, the US Federal Reserve has been relentlessly gradualist about increasing the federal funds rate. Since its last 50-basis-point rate hike in May 2000, the Fed has increased its pol ...More
EJ Insight2022-02-23
The European Union and the governments of two member states, Hungary and Poland, have been on a collision course for years now. The broader dispute is about what, if anything, the EU may do when a mem ...More
EJ Insight2022-02-22
In every phase of the COVID-19 pandemic, community health workers have been indispensable. They have made diagnoses, carried out contact tracing, cared for the sick, and administered vaccinations. And ...More
EJ Insight2022-02-22
Argentina is about to enter another dysfunctional stand-by agreement with the International Monetary Fund – its 22nd SBA since it joined the IMF in 1956. While the details have not yet been settled, w ...More
EJ Insight2022-02-18
The 2019 Oscar-winning film Parasite attracted a global audience for its arresting portrayal of South Korea’s stark income inequality. The movie’s rendering of a low-income household’s acute sense of ...More
EJ Insight2022-02-17
After being postponed several times because of the COVID-19 pandemic, this month’s European Union-African Union Summit in Brussels (February 17-18) will bring together European and African heads of st ...More
EJ Insight2022-02-16
