The famously beautiful Indiana University campus, where I have been teaching a summer course for the new School of Global and International Studies, is now almost deserted. Most of its students, like ...More
EJ Insight2015-05-27
The People's Bank of China (PBoC) has cut interest rates for the third time in six months in order to lighten the debt burdens of companies and local governments. But the central bank's monetary easin ...More
EJ Insight2015-05-27
China has begun to stretch its economic and military muscles in recent years. In the South China Sea, it has built a series of quasi-military bases on the tiny Spratly Islands and deployed warships to ...More
EJ Insight2015-05-18
As negotiations between the European Union and the United States over the Transatlantic Trade and Investment Partnership (TTIP) move toward a final agreement, opponents of the proposed pact are becomi ...More
EJ Insight2015-05-15
The United States and the world are engaged in a great debate about new trade agreements. Such pacts used to be called “free trade agreements”. In fact, they were managed trade agreements, tailored to ...More
EJ Insight2015-05-14
Last month, the Netherlands hosted the Global Conference on Cyberspace 2015, which brought together nearly 2,000 government officials, academics, industry representatives and others. I chaired a panel ...More
EJ Insight2015-05-12
Months of negotiations between our government and the International Monetary Fund, the European Union and the European Central Bank have produced little progress. One reason is that all sides are focu ...More
EJ Insight2015-05-07
When the European Commission announces its new digital strategy Wednesday, it will face a decisive choice between two very different approaches to the internet. Will it choose a forward-looking, marke ...More
EJ Insight2015-05-06
Once again, California's Silicon Valley is confirming its status as a mecca of high-tech entrepreneurship and wealth creation. But it is not a model for job creation and inclusive growth that policyma ...More
EJ Insight2015-05-04
In a world of weak domestic demand in many advanced economies and emerging markets, policymakers have been tempted to boost economic growth and employment by going for export led-growth. This requires ...More
EJ Insight2015-05-04
The main financial risk facing the United States today looks very similar to what caused so much trouble in 2007-2008: big banks with too much debt and too little equity capital on their balance sheet ...More
EJ Insight2015-04-29
It is annual general meeting season – the time of year when some of the world’s biggest companies gather to report to shareholders and have some semblance of a conversation with them. For the next cou ...More
EJ Insight2015-04-28
Europe’s ongoing malaise has reignited the old debate over which form of government produces better economic performance. Are authoritarian regimes, with their ability to ram through unpopular choices ...More
EJ Insight2015-04-27
Greece's government, led by the left-wing Syriza party, is demanding a new deal from its European creditors, claiming that the bailout program provided by the "troika" (the International Monetary Fund ...More
EJ Insight2015-04-24
Greece’s divisive negotiations with the European Union have placed debt back at the center of debates about economic growth and stability. But Greece is not the only country struggling to repay its ex ...More
EJ Insight2015-04-20
It is impossible to deny that trade and exchange rates are closely linked. But does that mean that international trade agreements should include provisions governing national policies that affect curr ...More
EJ Insight2015-04-20
The conventional view in mainstream economics today is that governments have little capacity to spark innovation. The state should play as limited a role in the economy as possible, the thinking goes, ...More
EJ Insight2015-04-17
At first glance, the eurozone economy seems like it might finally be on the mend. Stock markets are rallying. Consumer confidence has picked up. Lower oil prices, a cheaper euro and quantitative easin ...More
EJ Insight2015-04-13
With China set to lead a new US$50 billion international financial institution, the Asian Infrastructure Investment Bank (AIIB), most of the debate has centered on the United States’ futile efforts to ...More
EJ Insight2015-04-08
During the early years of the global financial crisis, exchange rates were the least interesting part of the macroeconomic debate. A French proposal in 2011 for a sweeping reform of the international ...More
EJ Insight2015-04-08
