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Why global retirement picture is not what it seems

It has been clear for some time that a pension crunch is coming and that it will be bad news for government spending everywhere. The proportion of old people -- and specifically those who are retired ...More

EJ Insight2016-05-25

Rediscovering fiscal policy at G7

As G7 leaders convene in Ise-Shima, Japan, the global economy’s fragility is a top concern. But instead of focusing on currency wars, the leaders of the major developed economies should be discussing ...More

EJ Insight2016-05-25

How Donald Trump could waste America's 'exorbitant privilege'

"Make America great again,” says Donald Trump, the US Republican party’s presumptive presidential nominee. He sums up his foreign policy with the slogan “America First”. The United States should do ev ...More

EJ Insight2016-05-18

Saudi Arabia’s bold vision for economic diversification

Saudi Arabia has captured the world’s attention with the announcement of an ambitious agenda, called Vision 2030, aimed at overhauling the structure of its economy. The plan would reduce the country's ...More

EJ Insight2016-05-17

Monopolies making a killing in new era

For 200 years, there have been two schools of thought about what determines the distribution of income -- and how the economy functions. One, emanating from Adam Smith and 19th century liberal economi ...More

EJ Insight2016-05-16

Turning crisis into success in Germany

According to an early May opinion poll by ARD DeutschlandTREND, the far-right Alternative for Germany (AfD) party's popular support now stands at 15 percent, up from around 5 percent a year ago. Can t ...More

EJ Insight2016-05-16

A son of the Cultural Revolution

Fifty years ago this month, Mao Zedong launched China’s Cultural Revolution – a decade of chaos, persecution and violence carried out in the name of ideology and in the interest of expanding Mao’s per ...More

EJ Insight2016-05-12

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

How Donald Trump would weaken America

Donald Trump, the Republican Party’s presumptive US presidential nominee, has expressed deep skepticism about the value of America’s alliances. His is a very 19th century view of the world. Back then, ...More

EJ Insight2016-05-11

Brexit referendum breeding a divided society in Britain

Democracy everywhere is facing serious challenges. The United States is gripped by the most bizarre presidential primary campaign in living memory, with populist outsiders threatening to topple establ ...More

EJ Insight2016-05-10

Why vaccination programs need a shot in the arm

In February in Addis Ababa, African health ministers signed a widely celebrated declaration of their commitment to keeping immunization at the forefront of efforts to save the continent’s children fro ...More

EJ Insight2016-05-06

The Fed’s risky new mandate

"In this world, there are only two tragedies,” Oscar Wilde once wrote. “One is not getting what one wants, and the other is getting it.” As the US Federal Reserve inches closer to achieving its target ...More

EJ Insight2016-05-05

The false promise of helicopter money

One of the most prominent questions concerning the global economy today is whether monetary policy is approaching the limit of its effectiveness. Inflation remains well below target in the eurozone an ...More

EJ Insight2016-05-03

What's behind the global growth funk

The International Monetary Fund and others have recently revised downward their forecasts for global growth -- yet again. Little wonder: The world economy has few bright spots and many that are dimmin ...More

EJ Insight2016-05-03

貿然出走 國際系統易失調

英國在1973年加入歐盟前身的歐洲經濟共同體,到今年6月23日卻進行公投決定是否脫歐。英國應否這樣做? 目前民 ...全文

今日信報EJ GlobalEJ GLOBAL plus 信觀點Joseph Nye2016年04月30日

Overcoming market resistance to new antibiotics

From the strict perspective of some investors, astute financial management by a company to bolster its share price is a good thing. By this narrow logic, when it comes to the pharmaceutical industry, ...More

EJ Insight2016-04-29

Why we need independent energy bodies

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

Latin America's moment

Much of the world’s attention is understandably focused on developments in the Middle East, Europe and Asia. These regions represent the vast majority of global population and wealth, their geopolitic ...More

EJ Insight2016-04-28

What's wrong with normal?

In Britain these days, one can’t avoid hearing and seeing more and more about the wretched campaign to spit in the face of the world (and of reality) and quit the European Union. Visiting the United S ...More

EJ Insight2016-04-27

Time to give Greece the debt relief it needs

Once again, Greece is at an inflection point. With its cash balances severely stressed, it seems unlikely to be able to pay the cascading debt payments that are falling due over the next few months. S ...More

EJ Insight2016-04-25

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