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Is Taiwan worth defending?

No one seems to know how the United States would react if China were to invade Taiwan. For decades, US leaders did all they could to avoid this question. Then, in September of last year, President Joe ...More

EJ Insight2023-04-14

In defense of nature-based carbon markets

Voluntary markets for carbon offsets have recently come under fire, with critics questioning the efficacy of contracts that aim to reduce atmospheric carbon dioxide relative to what would have happene ...More

EJ Insight2023-04-11

Europe must tax brown and subsidize green

After years of global climate-policy leadership, the European Union is looking warily at the United States’ sudden embrace of ambitious clean-energy subsidies. Ultimately, America’s entry into the cle ...More

EJ Insight2023-04-11

A silent revolution in sovereign finance

In a world beset by crises, one is not getting nearly enough attention: the sovereign-debt emergency faced by half of the world’s emerging and developing economies. Fortunately, a new innovation in su ...More

EJ Insight2023-04-07

The Fed’s credibility problem

Reacting to Silicon Valley Bank’s sudden collapse, André Esteves, a senior Brazilian banking executive, recently told Bloomberg that “SVB’s interest rate risk would’ve been obvious to any banking inte ...More

EJ Insight2023-04-06

Tax the rich to save the planet

The Intergovernmental Panel on Climate Change (IPCC) has issued a final warning to humanity: unless we halve greenhouse-gas (GHG) emissions by 2030, we will have no chance of capping global temperatur ...More

EJ Insight2023-04-04

Tick TikTok goes globalization

The spectacle of the US Congress grilling TikTok CEO Shou Zi Chew on March 23 could one day be remembered as a turning point in the history of globalization. Over five hours of aggressive questioning, ...More

EJ Insight2023-04-03

Is globalization over?

Late last year, Morris Chang, the legendary founder of Taiwan’s (and the world’s) leading semiconductor producer, proclaimed that “globalization is almost dead.” In a world where supply chains have be ...More

EJ Insight2023-04-03

An insolvency iceberg?

The sudden collapse of Silicon Valley Bank on March 10 was met by an equally swift response from US regulators, who announced plans to make whole all depositors, including the uninsured. But the SVB f ...More

EJ Insight2023-03-31

The population boon

An easy way to start a long, heated debate is to mention global population. Thomas Malthus famously ignited furious arguments in the nineteenth century when he warned that, absent fertility-control po ...More

EJ Insight2023-03-31

Who should be bailed out next?

The shotgun wedding of UBS and Credit Suisse was hastily arranged in the spirit of ensuring our collective safety. As Swiss National Bank Chair Thomas Jordan noted, Credit Suisse’s size and global net ...More

EJ Insight2023-03-29

Who gets squeezed by austerity?

When Edmundo, a waste picker in Peru, caught COVID-19, he had to take out a bank loan to pay for his visit to the clinic. Many of his colleagues also fell ill and subsequently went into debt, desperat ...More

EJ Insight2023-03-24

The water crisis is a vital investment opportunity

Together with air, water is arguably the planet’s most important natural resource. Functioning water systems are one of the technological pillars of civilization, which often makes a water crisis a ma ...More

EJ Insight2023-03-24

Waking up to the world’s water crisis

The world is becoming accustomed to the drip-drip of catastrophic headlines following each new climate-driven disaster. Increasingly frequent and severe heatwaves are causing wildfires in California a ...More

EJ Insight2023-03-23

GPT對勞力市場的影響

「人工智能是Google的終極版,這終極版的搜尋器將明白互聯網上的所有事情,它亦能明白以及傳遞你所想的任何事。 ...全文

今日信報理財投資經濟3.0梁天卓2023年03月23日

Reimagining development

The world is in the midst of a global permacrisis. As interrelated shocks – the war in Ukraine, the fallout of the COVID-19 pandemic, the escalating US-China rivalry, climate change, and a looming fin ...More

EJ Insight2023-03-22

Fifty years of floating currencies

Fifty years ago this month, in March 1973, the Bretton Woods arrangement of fixed exchange rates was abandoned, and the world’s major currencies – including the US dollar, pound, yen, and Deutsche Mar ...More

EJ Insight2023-03-21

Who is to blame for the new banking crisis?

The collapse of Silicon Valley Bank in northern California and Signature Bank in New York are the largest bank busts since 2008. Regional and mid-sized bank stocks have tanked, and depositors and busi ...More

EJ Insight2023-03-17

The food-system revolution is coming

Disruption is coming to the agriculture sector. Around the world, livestock farmers are leaving the land, policymakers are targeting the harmful environmental and social effects of industrial meat pro ...More

EJ Insight2023-03-16

Another predictable bank failure

The run on Silicon Valley Bank (SVB) – on which nearly half of all venture-backed tech start-ups in the United States depend – is in part a rerun of a familiar story, but it’s more than that. Once aga ...More

EJ Insight2023-03-15

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