For decades, China set a shining example of how to capitalize on globalization to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale ...More
EJ Insight2023-07-24
One might think that predicting the US Federal Reserve’s next policy moves would become easier now that it has already hiked interest rates ten consecutive times, for a total of five percentage points ...More
EJ Insight2023-06-02
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
On the 40th anniversary of her accession to the throne, Queen Elizabeth II remarked that, “1992 is not a year on which I shall look back with undiluted pleasure. In the words of one of my more sympath ...More
EJ Insight2022-12-20
The United Kingdom has had a sobering ten days, with its economy, financial system, and citizens’ well-being suddenly at risk. But with rapid and coordinated action, policymakers can still salvage the ...More
EJ Insight2022-10-03
Financial markets’ reaction to the US Federal Reserve’s latest policy move was reminiscent more of developing countries than of the world’s most powerful economy. Given that the Fed is the world’s mos ...More
EJ Insight2022-09-29
歐美已經對俄羅斯這個G20國家(入侵烏克蘭前還是世界第11大經濟體),實施了5個月的嚴厲經濟和金融制裁。雖然制 ...全文
名家論壇Project Syndicate2022年08月04日
It has been five months since Europe and the United States imposed tough economic and financial sanctions on Russia, a G20 country that was the world’s eleventh-largest economy on the eve of its invas ...More
EJ Insight2022-07-22
中國需求的上下變化,助長了今年國際油價的波動。但供給側的最新事態演變,將產生遠超石油市場之外的直接地緣政治和金 ...全文
名家論壇Project Syndicate2022年06月24日
那些對全球經濟的巨大衝擊——如俄羅斯入侵烏克蘭——順理成章地吸引了最多的注意,但是一種新的世界性「遍地火苗」模 ...全文
名家論壇Project Syndicate2022年06月06日
In 2021, the big debate about the outlook for the global economy focused on whether the rising inflation in the United States and other advanced economies was transitory or persistent. Key central ban ...More
EJ Insight2022-06-01
Big shocks to the global economy, such as Russia’s invasion of Ukraine, understandably capture the most attention. But a new worldwide pattern of “little fires everywhere” may be equally consequential ...More
EJ Insight2022-05-16
國際貨幣基金組織修訂後的《世界經濟展望》令人警醒。該組織是極少在一年首個季度,便大幅調低經濟增長預測,而目前它 ...全文
名家論壇Project Syndicate2022年05月05日
The International Monetary Fund’s revised World Economic Outlook (WEO) is sobering. It is rare for the organization to revise down sharply its projections for economic growth just one quarter into the ...More
EJ Insight2022-04-26
俄羅斯對烏克蘭的入侵,以及美歐因此對俄施以的全面制裁,引發了4個層面的經濟混亂:直接的、反彈的、外溢的和系統性 ...全文
名家論壇Project Syndicate2022年03月14日
Russia’s invasion of Ukraine, and the sweeping sanctions the United States and Europe have imposed on Russia in response, have triggered economic disruptions at four levels: direct, blowback, spillove ...More
EJ Insight2022-03-09
一位在科技事業中取得令人難以置信成就的好友曾經觀察到,最初的次優決策很可能會導致隨後一系列的糟糕決策。經濟學家 ...全文
名家論壇Project Syndicate2022年03月07日