US President Donald Trump, with the help of a Republican-controlled Congress, is undermining many of the fundamental values that Americans hold dear. He is jeopardizing their access to healthcare by s ...More
EJ Insight2017-06-19
對美國總統特朗普來說,衡量一國經濟優勢的指標是其經常專案餘額──即商品和服務的出口減去進口。當然,這一思想是最 ...全文
今日信報理財投資博集先機Barry Eichengreen2017年05月19日
For US President Donald Trump, the measure of a country’s economic strength is its current-account balance – its exports of goods and services minus its imports. This idea is of course the worst kind ...More
EJ Insight2017-05-12
特朗普在美國總統選戰期間關於中國的評論無論如何無法讓人們對他當選後的中美關係抱有多高的希望。特朗普抨擊中國「搶 ...全文
名家論壇Project Syndicate2017年04月12日
Donald Trump’s comments about China during the US presidential campaign didn’t exactly bolster high hopes for Sino-American relations once he was elected. Trump denounced China for “taking our jobs,” ...More
EJ Insight2017-04-11
美國總統特朗普不認為擔任總統的人就得是個多邊主義者。各政治派系的人對此似乎都沒有什麼爭議。在他最具爭議性的一系 ...全文
今日信報理財投資博集先機Barry Eichengreen2017年02月20日
唐納德‧特朗普並不認為擔任美國總統的人就得是個多邊主義者。各政治派系的人對此似乎都沒有什麼爭議。在他最具爭議性 ...全文
名家論壇Project Syndicate2017年02月17日
Donald Trump did not assume the US presidency as a committed multilateralist. On that, partisans of all political persuasions can agree. Among his most controversial campaign statements were some sugg ...More
EJ Insight2017-02-16
理解美國候任總統特朗普的政治成功並不容易,有人拿他和過去的民粹主義政客如休·朗(Huey Long)和華萊士( ...全文
今日信報理財投資博集先機Barry Eichengreen2017年01月14日
今年已知的主題之一,肯定離不開美國加息。不過單單美國加息,影響還不算大,畢竟聯儲局早在前年已揭開了加息序幕。論 ...全文
At the start of October, China’s currency, the renminbi, was added to the basket of currencies that make up the International Monetary Fund’s Special Drawing Rights (SDR). Previously, the SDR had been ...More
EJ Insight2016-10-11
The early returns on Brexit are in, and contrary to what some have been claiming, they’re not good. In July, following the referendum, consumer confidence collapsed at its most rapid rate since 1990. ...More
EJ Insight2016-09-14
One thing is now certain about the upcoming presidential election in the United States: the next president will not be a committed free trader. The presumptive Democratic nominee, Hillary Clinton, is ...More
EJ Insight2016-07-14
There is widespread agreement on two facts about the Chinese economy. First, the slowdown has ended and growth is picking up. Second, not all is well financially. But there is no agreement on what hap ...More
EJ Insight2016-05-12
For months now, China’s exchange-rate policy has been roiling global financial markets. More precisely, confusion about that policy has been roiling the markets. Chinese officials have done a poor job ...More
EJ Insight2016-02-11
Recent trends in productivity growth make it hard to be optimistic about the future. In 2014, the global growth of total factor productivity, or TFP, which measures the combined productivity of capita ...More
EJ Insight2015-12-16
The International Monetary Fund (IMF) announced late last month that China's yuan will be included in the fund's SDR currency basket from October next year. The Chinese unit will join the US dollar, e ...More
EJ Insight2015-12-12
For much of the year, investors have been fixated on when the Fed will achieve "liftoff" – that is, when it will raise interest rates by 25 basis points, or 0.25 percent, as a first step toward normal ...More
EJ Insight2015-11-10
On August 11, China devalued its currency by 2 percent and modestly reformed its exchange-rate system. This was no earth-shattering event, but financial markets responded as if a meteorite had struck ...More
EJ Insight2015-09-14
European monetary union was never a good idea. I remember my surprise when, as a young assistant professor, I realized that I was opposed to the Maastricht Treaty. I believed then – and still do – tha ...More
EJ Insight2015-07-23