Fan Gang
China Confronts the Global Meltdown
BEIJING – For three decades, China has been growing at an average annual rate of 9.8%. For most of this time, world markets were favorable,…
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Joseph E. Stiglitz
The Dismal Economist’s Joyless Triumph
NEW YORK – I have long been forecasting that it was only a matter of time before America’s housing bubble – which began in the early days of…
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Nouriel Roubini
Will Banks and Financial Markets Recover in 2009?
NEW YORK – Global financial markets in 2008 experienced their worst crisis since the Great Depression of the 1930’s. Major financial institu…
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Kenneth Rogoff
Another Roller Coaster Ride for Exchange Rates in 2009?
CAMBRIDGE – 2008 has been an exceptionally tumultuous year for exchange rates. The American dollar soared, the Japanese yen went into orbit,…
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Joseph S. Nye
Obama Meets the World
CAMBRIDGE – Many people will try to set President Barack Obama’s priorities, but one person is sure to have a major effect. George W. Bush h…
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Edmund S. Phelps
Does Capitalism Have a Future?
NEW YORK – As 2008 came to a close, many Europeans began to speak about the end of capitalism. They forget that capitalism in Europe had alr…
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Richard N. Haass
The Looming Crisis with Iran
NEW YORK – When Barack Obama takes office in January, he will be greeted by many difficult challenges, beginning with the acute economic cri…
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Robert B. Zoellick
Modernizing Multilateralism
WASHINGTON, DC – 2008 will be remembered as a year of extraordinary turmoil. The financial crisis came on the heels of food and fuel crises.…
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Robert J. Shiller
The Great Real Estate Bust of 2008
NEW HAVEN – What brought on the collapse of home prices in 2008 that is the root of the financial crisis now enveloping much of the world? …
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Olivier Blanchard
How to Emerge from the Crisis in 2009
WASHINGTON, DC – In the maelstrom of events and news that characterize the current global crisis, it is often difficult to keep a clear head…
2008 Year End Series: Special Year End Column
Special 2008 Year End Series.
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