Despite political turmoil and emerging risks at the global level, the eurozone has had two years of strong economic growth, at least by its own historically disappointing standards – and even with t ...More
EJ Insight2018-10-18
With the value of Bitcoin having fallen by around 70 percent since its peak late last year, the mother of all bubbles has now gone bust. More generally, cryptocurrencies have entered a not-so-cryptic ...More
EJ Insight2018-10-16
美國總統特朗普成功以新的《美墨加協定》(USMCA)取代原有的《北美自由貿易協定》(NAFTA)時,表現得好像 ...全文
All eyes are on the United States as November’s Congressional elections approach. The outcome will answer many alarming questions raised two years ago, when Donald Trump won the presidential election. ...More
EJ Insight2018-10-12
US President Donald Trump acts as if he has pulled off a smashing victory by replacing the North American Free Trade Agreement (NAFTA) – supposedly “the worst trade deal ever” – with the new United St ...More
EJ Insight2018-10-10
In the surprise hit movie “Crazy Rich Asians” (based on a 2013 Kevin Kwan novel), a New York University economics professor (Rachel), travels with her boyfriend to Singapore to meet his family. There, ...More
EJ Insight2018-10-10
To watch the debate play out in America’s news media, it would seem that the opposite of “America First” is American interventionism: a chronic penchant for leaping, to no apparent end, into wars of c ...More
EJ Insight2018-10-09
Since World War II’s end, trade has grown 50 percent faster than global GDP, owing largely to successive rounds of liberalization under the auspices of the World Trade Organization (previously the Gen ...More
EJ Insight2018-10-09
The Intergovernmental Panel on Climate Change (IPCC), the United Nations body tasked with providing scientific evidence and consensus on climate change and its implications for decision-makers and the ...More
EJ Insight2018-10-09
Populist leaders have long made gains by posing as the alternative to a “corrupt elite” that enriches itself at the expense of “the people”. According to the populists, only they can restore decency t ...More
EJ Insight2018-10-05
Populist economics has rarely had it so good. The US economy is roaring, the stock market is soaring, and the Trump administration’s protectionism has apparently had a negligible impact on growth. Tru ...More
EJ Insight2018-10-03
On August 3, Starbucks made an announcement which, though little noticed at the time, amounts to a potentially massive shift in the organization of finance. How did an international chain of coffee sh ...More
EJ Insight2018-10-03
10月1日,周一。2008年爆發的金融海嘯,令敢於有咁淡唱咁淡的論者一夜成名,當中最具代表性的要數紐約大學斯特 ...全文
雖然加密貨幣在全球掀起的熱潮已漸漸退卻,但新產品仍每天層出不窮。近期最惹人注目的莫過於「穩定貨幣」(Stabl ...全文
今日信報EJ GlobalEJ GLOBAL plus 彙編選輯Barry Eichengreen2018年09月29日
Last June, The Economist lamented that US President “Donald Trump is undermining the rules-based international order” as he seeks “short-term wins for America” at the cost of “long-term damage to the ...More
EJ Insight2018-09-28
This has been a year of extreme weather events, from the “Beast from the East” that froze much of the United Kingdom in March to Hurricane Florence on the US East Coast and Typhoon Mangkhut in the Phi ...More
EJ Insight2018-09-27
Next month, the US Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. F ...More
EJ Insight2018-09-21
Emerging economies are often grouped together as something of a monolith. But when it comes to economic performance, they diverge widely, with only some countries achieving rapid and relatively consis ...More
EJ Insight2018-09-19
A universal basic income (UBI) would be both regressive and prohibitively expensive. Yet the idea continues to attract a motley crew of tech and labor leaders, libertarians, and progressives, who fear ...More
EJ Insight2018-09-18
As we mark the decennial of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether the lessons needed to prepare for th ...More
EJ Insight2018-09-14