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No more half-measures on corporate taxes

Globalization has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in ...More

EJ Insight2019-10-08

The IMF after Argentina

In case you blinked, the Argentine government built up a pile of debt out of almost nothing with surprising speed, and then proceeded to default on it almost as quickly. Compared to the country’s slow ...More

EJ Insight2019-10-03

How to rethink capitalism

The United States Business Roundtable, an organization of CEOs of large US companies, recently issued a statement that caused quite a stir in some circles. Rather than focusing primarily or exclusivel ...More

EJ Insight2019-10-02

The next phase of China’s reform and opening up

Over the last four decades, China has integrated into global networks in trade, finance, data, and culture (encompassing social values, religion, and political beliefs). But, as the United States embr ...More

EJ Insight2019-10-02

Four collision courses for the global economy

In the classic game of “chicken,” two drivers race directly toward each other, and the first to swerve is the “loser.” If neither swerves, both will probably die. In the past, such scenarios have been ...More

EJ Insight2019-09-25

Climate Code Red

When emergencies strike, special processes within governments and communities swing into gear. And everyone steps up to help. The world is now in a climate emergency. At the United Nations Climate Act ...More

EJ Insight2019-09-20

The return of fiscal policy

As we enter the last quarter of 2019 (and of the decade), cyclical indicators point to a slowing world economy amid wide-ranging structural challenges. There are plenty of issues to keep one up at nig ...More

EJ Insight2019-09-19

Strengthening land rights will curb migration

The world’s food supply is under threat. That was the stark warning contained in a recent Intergovernmental Panel on Climate Change (IPCC) report on climate change and land. The signs are already ubiq ...More

EJ Insight2019-09-18

歐盟求息事 或讓出片火腿

約翰遜實現了成為英國首相的終身夢想,而英國脫歐的悲喜劇也將達到高潮。歐盟其他國家對這部悲喜劇的恐懼之情溢於言表 ...全文

今日信報EJ GlobalEJ GLOBAL plus 彙編選輯Anatole Kaletsky2019年09月14日

Preventing Cold War II

When world leaders gather in New York later this month for the annual United Nations General Assembly meetings, they will have much to discuss besides climate change and sustainable development. In pa ...More

EJ Insight2019-09-12

It’s time for ECB to put quantitative easing on hold

With economic sentiment in the eurozone worsening rapidly, the European Central Bank is widely expected to announce a robust package of additional stimulus measures at its next meeting on Sept. 12. Bu ...More

EJ Insight2019-09-10

從地球村持續利益着眼

瑞典氣候真相傳播者通貝里(Greta Thunberg)正乘坐一艘零排放遊艇啟程往美國,以期在世界另一個地方( ...全文

今日信報EJ GlobalEJ GLOBAL plus 彙編選輯Erik Berglof2019年09月07日

Money for nothing

A monetary policy regime centered on quantitative easing (QE) and zero or even negative interest rates has created an extraordinarily permissive environment for politicians of a certain disposition. T ...More

EJ Insight2019-09-05

Brexit, the novel

  The best way to think about the United Kingdom's political predicament and presumed imminent exit from the European Union is to read the Slough House spy novel series by Mick Herron (the sixth insta ...More

EJ Insight2019-09-02

The Battle for Britain

The Brexit “Leave” campaign has been billed as an effort to “take back control” by restoring “sovereignty” to the United Kingdom’s Parliament. It is thus deeply ironic that one of the first moves of t ...More

EJ Insight2019-09-02

Hong Kong's real problem is inequality

Since China regained sovereignty over Hong Kong on July 1, 1997, the city has prospered economically, but festered politically. Now, one of the world’s richest cities is engulfed by protests, which ha ...More

EJ Insight2019-08-28

莫迪打破現狀 逼自己入死角

印度的莫迪政府決定撤去克什米爾的特殊地位,把這個地區分為兩個聯邦領土,而聯邦領土的地位較邦為低,接受中央政府更 ...全文

今日信報EJ GlobalEJ GLOBAL plus 彙編選輯Ramesh Thakur2019年08月24日

The anatomy of the coming recession

There are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting international relations, two involve China, and the United States ...More

EJ Insight2019-08-23

Trump’s one-way economy

Nowadays, when people ask me how I am, I answer, jokingly, that I’m doing great, so long as I ignore Donald Trump’s presidency in the United States, Brexit, the crisis of the United Kingdom’s major po ...More

EJ Insight2019-08-14

Trump's deficit economy

In the new world wrought by US President Donald Trump, where one shock follows another, there is never time to think through fully the implications of the events with which we are bombarded. In late ...More

EJ Insight2019-08-12

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