The diplomats have done their job, concluding the Paris climate agreement in December. And political leaders gathered last week at the United Nations to sign the new accord. But implementation is sure ...More
EJ Insight2016-04-28
Barack Obama’s visit to Cuba is the first by a US president since Calvin Coolidge went in 1928. American investors, expat Cubans, tourists, scholars, and scam artists will follow in Obama’s wake. Norm ...More
EJ Insight2016-03-23
2016年伊始，世界經濟正在經歷動盪。股市崩盤；新興經濟體疲於應付大宗商品價格暴跌；難民流入進一步動搖著歐洲； ...全文
名家論壇Project Syndicate2016年02月19日
The United States, the European Union and Western-led institutions such as the World Bank repeatedly ask why the Middle East can’t govern itself. The question is asked honestly but without much self-a ...More
EJ Insight2015-12-21
China is now experiencing what Japan went through a generation ago: a marked slowdown in economic growth after demands by the United States that it restrict its exports. In the late 1980s and early 19 ...More
EJ Insight2015-10-20
The Greek catastrophe commands the world’s attention for two reasons. First, we are deeply distressed to watch an economy collapse before our eyes, with bread lines and bank queues not seen since the ...More
EJ Insight2015-07-13
Sovereign-debt crises such as the one in Greece can be resolved only through bold steps by both debtor and creditor. The debtor needs a fresh start through a debt write-off; the creditor must find a w ...More
EJ Insight2015-07-07
After months of wrangling, the showdown between Greece and its European creditors has come down to a standoff over pensions and taxes. Greece is refusing to acquiesce to demands by its creditors that ...More
EJ Insight2015-06-17
Ours is a world of impunity. Allegations of corruption swarmed around FIFA for decades, culminating in mass indictments of officials of the international soccer federation last week. Yet FIFA presiden ...More
EJ Insight2015-06-04
Around the world, institutional investors – including pension funds, insurance companies, philanthropic endowments, and universities – are grappling with the question of whether to divest from oil, ga ...More
EJ Insight2015-02-02
The European Central Bank has finally launched a policy of quantitative easing (QE). The key question at this stage is whether Germany will give the ECB the freedom of maneuver needed to carry out thi ...More
EJ Insight2015-01-23
French Prime Minister Manuel Valls was not speaking metaphorically when he said that France is at war with radical Islam. There is, indeed, a full-fledged war underway, and the heinous terrorist attac ...More
EJ Insight2015-01-16
For several years, and often several times a month, the Nobel laureate economist and New York Times columnist and blogger Paul Krugman has delivered one main message to his loyal readers: deficit-cutt ...More
EJ Insight2015-01-06
The purpose of the global financial system is to allocate the world’s savings to their most productive uses. When the system works properly, these savings are channeled into investments that raise liv ...More
EJ Insight2014-12-29
Two schools of thought tend to dominate today’s economic debates. According to free-market economists, governments should cut taxes, reduce regulations, reform labor laws, and then get out of the way ...More
EJ Insight2014-11-27
The biggest economic news of the year came almost without notice: China has overtaken the United States as the world’s largest economy, according to the scorekeepers at the International Monetary Fund ...More
EJ Insight2014-11-24
I am a macroeconomist but I dissent from the profession’s two leading camps in the United States: the neo-Keynesians, who focus on boosting aggregate demand, and the supply-siders, who focus on cuttin ...More
EJ Insight2014-11-14
Humanity has just about run out of time to address climate change. Scientists have pointed out that a rise in temperature of 2 degrees Celsius above pre-industrial levels will put the Earth in dangero ...More
EJ Insight2014-05-29
