It is a near-tragedy that the United States and the United Kingdom – the two countries most identified with long-established stable constitutional frameworks – are now ranked among the world’s most dy ...More
EJ Insight2019-01-29
Since its introduction two decades ago, the euro has faced serious challenges. So far, it has survived intact. Yet, on the common currency’s 20th anniversary, it is worth identifying problems that h ...More
EJ Insight2019-01-28
創新是透過擾亂現況及迫使現有參與者努力改善,去推動變革過程,然而若沒有適當管理,創新亦可以具破壞性,金融創新即 ...全文
The populist revolts in the United States and the United Kingdom have each reached a critical juncture. At the start of his third year in office, US President Donald Trump is presiding over the longe ...More
EJ Insight2019-01-23
In reaction to the ongoing “Yellow Vest” revolt in France, President Emmanuel Macron has decided to hold a “grand” nationwide debate. Over the coming months, locally organized workshops, internet-bas ...More
EJ Insight2019-01-22
Will global cooperation finally emerge from the doldrums in 2019? The international community’s recent agreement on a "rulebook" for implementing the Paris climate agreement seems to offer some hope. ...More
EJ Insight2019-01-17
In 1942, William Beveridge issued an epoch-defining report that established a model for welfare states in the post-war era. He recognized that the old social protection system had broken down and that ...More
EJ Insight2019-01-15
As Mark Twain never said, “It ain’t what you don’t know that gets you into trouble. It’s what you think you know for sure that just ain’t so.” Over the course of this year and next, the biggest econom ...More
EJ Insight2019-01-14
過去數年,很多人及國家領袖都視全球化為一個有待清除的禍害,反而支持保護主義及單邊主義。這與不久前全球化廣泛地被 ...全文
For most of the past decade, the growing spending power of China’s expanding middle class has fueled the global economy. After the 2008 financial crisis, I argued that the United States and China wou ...More
EJ Insight2019-01-11
As the home of both the Roman Empire and the Renaissance, Italy has long been at the forefront of cultural developments in Europe and Western Eurasia. But it has also long served as an example of pol ...More
EJ Insight2019-01-10
Much has been written about the “future of work,” and much of it makes for gloomy reading. Study after study predicts that automation will upend entire industries and leave millions unemployed. A 2013 ...More
EJ Insight2019-01-10
It’s old news that large segments of society have become deeply unhappy with what they see as “the establishment,” especially the political class. The “Yellow Vest” protests in France, triggered by ...More
EJ Insight2019-01-08
If you ask most central bankers around the world what their plan is for dealing with the next normal-size recession, you would be surprised how many (at least in advanced economies) say “fiscal poli ...More
EJ Insight2019-01-07
The contours of the nineteenth and early twentieth century were defined in part by a series of consequential British foreign policy and economic decisions. As recently as 2007-2009, British policy aff ...More
EJ Insight2019-01-02
Financial markets have finally awoken to the fact that Donald Trump is US president. Given that the world has endured two years of reckless tweets and public statements by the world’s most powerful ma ...More
EJ Insight2018-12-31
一年前,在美國總統特朗普和他的共和黨同志們保駕下,國會通過了大規模削減公司稅,當時,批評《減稅和就業法案》的人 ...全文
今日信報理財投資博集先機J. Bradford DeLong2018年12月31日
隨着比特幣價格從一年前的峰值一路下跌80%,以及更大範圍的加密貨幣市場出現系統性崩潰,「峰值高潮」是否已成明日 ...全文
今日信報理財投資博集先機Kenneth Rogoff2018年12月24日
早前在波蘭卡托維治(Katowice)舉行的氣候峰會,一直被外界視為繼2015年訂立《巴黎協定》的峰會後,影響 ...全文
今日信報EJ GlobalEJ GLOBAL plus 彙編選輯馬軍、Caio Koch-Weser2018年12月22日
Financial digitalization – the digital revolution’s system-level transformation of the entire financial ecosystem – could catalyze global efforts to finance sustainable development. According to the ...More
EJ Insight2018-12-18