June 15th 2016 International Selection «Negative interest rates are a total disaster» Charles Biderman, founder of the research firm TrimTabs speaks up against monetary interventionism and spots a concerning development in the US stock market.
June 13th 2016 Comment The Overselling of Financial Transaction Taxes The US needs comprehensive tax reform, ideally a progressive tax on consumption. A financial transaction tax (FTT) can be no more than a small part of a much larger strategy. A column by Kenneth Rogoff.
June 9th 2016 Comment A Son of the Cultural Revolution China’s president Xi Jinping’ lodestar is power, and he appears to be willing to go to any length to secure it. In this effort, he has one key advantage: Mao’s legacy. A column by Ma Jian.
June 8th 2016 Comment The Secret of Putin's Survival The Kremlin's system keeps Russia's elites from pushing for change, as it precludes the possibility of anti-Putin intrigue. And the regime does seem relatively stable. A column by Andrei Kolesnikov.
June 6th 2016 Comment Donald the Destroyer Presidential candidate Trump’s proposed policies, once put into practice, would undermine America’s security, depress its economy, and destroy the financial system. A column by Simon Johnson.
June 2nd 2016 Comment Putting Profits in Perspective The era of peak profits that has sparked concerns about market power might be coming to a close. Profits of US corporations have already slipped. A column by Laura Tyson.
June 1st 2016 Comment Twin Tests for the EU On June 21, Germany's Constitutional Court will rule on the OMT bond-buying program of the ECB. Two days later, voters will decide whether the UK should exit the EU. A column by Hans-Werner Sinn.
May 30th 2016 Comment Saudi Arabia’s Bold Vision for Economic Diversification Seeking to regain better control over its economic and financial destiny, the Kingdom has designed an ambitious economic restructuring plan, «Vision 2030». A column by Mohamed A. El-Erian.
May 27th 2016 International Selection Eichengreen: «Negative rates are counterproductive» Barry Eichengreen, Economist at Berkeley, recommends the Swiss National Bank to rely more on asset purchases and less on negative interest rates.
May 26th 2016 Comment The Next Global Boom – and Bust It’s the big banks that continue to prefer being highly leveraged. Too many policymakers are deferring to them. That means that the global economy’s wild ride will continue. A column by Simon Johnson.
May 25th 2016 Comment A Debt Agenda for the G7 With 4% nominal GDP growth, a budget deficit of 2% would bring the long-term debt ratio down to 50%. That should be the goal for which all of the G7 countries aim. A column by Martin Feldstein.
May 23rd 2016 Comment The Queen’s Chinese Guests from Hell China’s leaders seem to believe that their country is occupying a central position in the world that demands global deference – and vassalage for its immediate neighbors. A column by Nina Khrushcheva.