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亞洲金融風暴20周年啟示

本月是亞洲金融危機爆發20周年,或者更準確地說,是引發這場危機的泰銖貶值事件20周年。這樣的周年絕不是值得慶祝 ...全文

名家論壇Project Syndicate2017年07月12日

美國各州能糾正特朗普的錯誤嗎?

美國總統特朗普在共和黨控制的國會的「幫助」下,正在破壞諸多美國人民所珍視的基本價值觀。他試圖取消2010年平價 ...全文

名家論壇Project Syndicate2017年06月19日

Can US states right Trump's wrongs?

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

德國:失衡還是錯亂

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

Is Germany unbalanced or unhinged?

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

紙老虎特朗普

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

Crouching Donald, paper tiger

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

不情願的多邊主義者特朗普

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

不情願的多邊主義者特朗普

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

Trump the reluctant multilateralist

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

Why reminbi’s SDR status is more symbol than substance

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

Brexit and the pound in your pocket

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

What’s wrong with protectionism?

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

Tackling China's debt mountain

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

What are China’s exchange rate policy options?

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

Why technology is not making us more productive

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

RMB internationalization has long way to go

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

Why US monetary policy has a lot to do with China

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

Currency management: What China needs to learn

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

Time to admit euro is a failure and move on

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

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