Dean Rohrer

谁该领导IMF?

伯克利 —— 许多人说,国际货币基金组织( IMF )也曾遭遇过一场危机。仅仅在三年前,颇有一些观察家认为,它已经失去作用,可以关门大吉了。但是后来,它先后介入了匈牙利、拉脱维亚、冰岛和乌克兰以及其他一些爆发危机的国家,并得到了新一轮大规模注资。

为什么 IMF 眼下如此炙手可热?部分的解释是它近来显示出一种变通精神 —— 对于一个庞大的官僚机构来说,这是一种难得的美德。它反思了传统上一贯秉持的反资本管制立场。它建议各国央行考虑调高通胀目标,以免在通缩冲击下,降息时过快触及零利率底线,由此,它遭到了来自德国央行的强烈反对,而这恰恰说明它的主张是正确的。

IMF 还推出了“灵活信贷额度”( FCL )以便快速划拨资金,资助那些在金融风暴中无辜受难的国家,而且不带附加条件。不过,尽管这个新工具的名字听上去很有吸引力,但是目前接受者寥寥,尤其是没有亚洲国家提出申请。

To continue reading, please log in or enter your email address.

Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.

required

Log in

http://prosyn.org/tBLFOlj/zh;
  1. Patrick Kovarik/Getty Images

    The Summit of Climate Hopes

    Presidents, prime ministers, and policymakers gather in Paris today for the One Planet Summit. But with no senior US representative attending, is the 2015 Paris climate agreement still viable?

  2. Trump greets his supporters The Washington Post/Getty Images

    Populist Plutocracy and the Future of America

    • In the first year of his presidency, Donald Trump has consistently sold out the blue-collar, socially conservative whites who brought him to power, while pursuing policies to enrich his fellow plutocrats. 

    • Sooner or later, Trump's core supporters will wake up to this fact, so it is worth asking how far he might go to keep them on his side.
  3. Agents are bidding on at the auction of Leonardo da Vinci's 'Salvator Mundi' Eduardo Munoz Alvarez/Getty Images

    The Man Who Didn’t Save the World

    A Saudi prince has been revealed to be the buyer of Leonardo da Vinci's "Salvator Mundi," for which he spent $450.3 million. Had he given the money to the poor, as the subject of the painting instructed another rich man, he could have restored eyesight to nine million people, or enabled 13 million families to grow 50% more food.

  4.  An inside view of the 'AknRobotics' Anadolu Agency/Getty Images

    Two Myths About Automation

    While many people believe that technological progress and job destruction are accelerating dramatically, there is no evidence of either trend. In reality, total factor productivity, the best summary measure of the pace of technical change, has been stagnating since 2005 in the US and across the advanced-country world.

  5. A student shows a combo pictures of three dictators, Austrian born Hitler, Castro and Stalin with Viktor Orban Attila Kisbenedek/Getty Images

    The Hungarian Government’s Failed Campaign of Lies

    The Hungarian government has released the results of its "national consultation" on what it calls the "Soros Plan" to flood the country with Muslim migrants and refugees. But no such plan exists, only a taxpayer-funded propaganda campaign to help a corrupt administration deflect attention from its failure to fulfill Hungarians’ aspirations.

  6. Project Syndicate

    DEBATE: Should the Eurozone Impose Fiscal Union?

    French President Emmanuel Macron wants European leaders to appoint a eurozone finance minister as a way to ensure the single currency's long-term viability. But would it work, and, more fundamentally, is it necessary?

  7. The Year Ahead 2018

    The world’s leading thinkers and policymakers examine what’s come apart in the past year, and anticipate what will define the year ahead.

    Order now