The COVID-19 pandemic has damaged the stock of physical and human capital. Firms have postponed or canceled investment projects, and laid-off or furloughed workers’ skills have deteriorated. The crisi ...More
EJ Insight2021-04-13
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
Amanda Gorman’s remarkable performance of her poem “The Hill We Climb” at US President Joe Biden’s inauguration touched millions. That was reason enough for a leading Dutch publisher to commission a p ...More
EJ Insight2021-04-09
In the early 1930s, US President Franklin D. Roosevelt introduced the New Deal in an attempt to combat the effects of the Great Depression. The program had three main pillars: relief (for the unemploy ...More
EJ Insight2021-04-09
The mighty US dollar continues to reign supreme in global markets. But the greenback’s dominance may well be more fragile than it appears, because expected future changes in China’s exchange-rate regi ...More
EJ Insight2021-04-05
In the immediate aftermath of the 2008 global financial crisis, measures were taken to prevent another potential systemic meltdown. The process of reform was contentious at the time, but the legislati ...More
EJ Insight2021-04-01
German Chancellor Angela Merkel’s hasty revocation of a hastily announced Easter lockdown was surprising, even shocking, given her ever-calm demeanor. Even more extraordinary was the apology she issue ...More
EJ Insight2021-03-31
America is two cultures in one nation. The first culture brought slavery, the genocide of Native Americans, “Jim Crow” laws enforcing white supremacy, and former President Donald Trump’s bullying, lyi ...More
EJ Insight2021-03-31
For decades, global leaders have failed to respond to climate change with appropriate urgency, even though the science has long been clear. Now, the problem has become so acute that it is impossible t ...More
EJ Insight2021-03-30
南半球的談判員們會因為他們沒有接種新冠疫苗,而被阻止參加11月的格拉斯哥聯合國氣候峰會(COP26)嗎?我們希 ...全文
今日信報時事評論Justin Vaisse2021年03月30日
The United States expects to “celebrate independence” from COVID-19 by Independence Day (July 4), when vaccines will have been made available to all adults. But for many developing countries and emerg ...More
EJ Insight2021-03-26
The United States and the world entered recession a year ago. Normally, economists can’t predict the onset of a downturn. But because this recession stemmed from the COVID-19 pandemic, they could reli ...More
EJ Insight2021-03-26
The OECD is projecting an uneven K-shaped economic recovery from the pandemic in 2021. Richer countries with more extensive vaccine rollouts that can afford to reopen and reflate their economies will ...More
EJ Insight2021-03-25
Humanity’s consumption of fresh water has long exceeded the rate of replenishment. Now, researchers are warning that this essential natural resource is running out. If we are to reverse this trend, in ...More
EJ Insight2021-03-24
Central banks’ unconventional policies undoubtedly rescued financial markets in 2020 when the COVID-19 pandemic was at its height. But those actions now leave central banks joined at the hip with cred ...More
EJ Insight2021-03-23
Last November, something happened in the middle of the South Atlantic that was unusual enough to make a local northern rockhopper penguin raise one of its long spiky yellow eyebrows. The tiny archipel ...More
EJ Insight2021-03-19
Thanks to the rapid deployment of vaccines, COVID-19 infections, hospitalizations, and deaths in the United States are declining, and pandemic restrictions on economic activity are being eased. But ev ...More
EJ Insight2021-03-18
In January, the Netherlands hosted a digital Climate Adaptation Summit where representatives of governments from around the world discussed their post-pandemic recovery plans. To take advantage of rem ...More
EJ Insight2021-03-17
Strange as it may sound, vaccines are now the key to reviving the transatlantic relationship. Former President Donald Trump’s “America First” administration had left ties between the United States and ...More
EJ Insight2021-03-16
By now, most countries in Asia and the Pacific have proposed some sort of post-pandemic recovery package. Many include investments in sustainability, which the United Nations has repeatedly urged gove ...More
EJ Insight2021-03-12