SHANGHAI – When you think about centers of technological innovation, Silicon Valley, Seattle, and Seoul are probably the first places that c…
NEW YORK – Never in the history of written communication could 140 characters have the impact that they can have now. Two weeks ago, after g…
BEIJING – It is indisputable that China is over-issuing currency. But the reasons behind China’s massive liquidity growth – and the most eff…
BRUSSELS/MEXICO CITY – Since the global economic downturn began in 2008, debate has centered on the macroeconomic strategies and instruments…
WASHINGTON, DC – One thing that experts know, and that non-experts do not, is that they know less than non-experts think they do. This much …
BUENOS AIRES – The global financial crisis has raised fundamental questions regarding central banks’ mandates. Over the past few decades, mo…
WASHINGTON, DC – For three decades, financial globalization had seemed inevitable. New information technologies made it possible to conduct …
FRANKFURT – The euro crisis has already transformed the European Union from a voluntary association of equal states into a creditor-debtor r…
SEOUL – Japanese Prime Minister Shinzo Abe’s economic agenda – dubbed “Abenomics” – seems to be working for his country. Expansionary moneta…
ATHENS – The Cyprus bailout deal is a watershed in the unfolding eurozone crisis, because responsibility for resolving banks’ problems has b…
PRINCETON – The task was never going to be an easy one: impose losses worth about €5.8 billion ($7.5 billion) on lenders to the Cypriot gove…
LONDON – In September 2000, the United Nations Millennium Development Goals rallied the international community behind a shared vision. The …
SEOUL – The commodity super-cycle – in which commodity prices reach ever-higher highs, and fall only to higher lows – is not over. Despite t…
ATHENS – The International Monetary Fund’s belated admission that it significantly underestimated the damage that austerity would do to Euro…
LONDON – Almost two decades after the idea was first mooted, the United States and the European Union agreed last week to begin negotiating …
SEOUL – South Korea’s incoming president, Park Geun-hye, takes over a country that has been a global role model for economic development. Bu…
BEIJING – Most of the international financial crises that have occurred over the last 200 years were the result of strains created by the re…
MILAN – At the end of this month, Italian voters will choose their next government, from which they expect jobs and a more level economic pl…
SINGAPORE – Many analysts and observers believe that the global imbalances that characterized the world economy in the years before the 2008…
SEOUL – If you chase two rabbits at once, the old saying goes, both will escape. And yet this is precisely what many governments are require…
CAMBRIDGE – One of the many things I learned from Milton Friedman is that the true cost of government is its spending, not its taxes. To put…
CAMBRIDGE – Robert Gordon of Northwestern University is a distinguished economist whose work in macroeconomics and studies of long-term econ…
GENEVA – Failure to adapt to climate change, persistent extreme weather, and major systemic financial failure are just three of 50 major ris…
BEIJING – Since 2007, the financial crisis has pushed the world into an era of low, if not near-zero, interest rates and quantitative easing…
LONDON – Within hours of US President Barack Obama’s re-election last month, a powerful belief took hold: overwhelming support from Latino v…