author

 
Menu
Search
 
November 22, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

Meta

Kenneth Rogoff
COMMENTARY / World
Apr 7, 2010
It's the IMF to the rescue
CAMBRIDGE, Mass. — With the International Monetary Fund playing a central role in the euro zone's blueprint for a bailout of Greece, the multilateral lender has come full circle. In its early days after World War II, the IMF's central task was to help Europe emerge from the ravages of the war. Once...
COMMENTARY / World
Mar 5, 2010
Japan's slow-motion crisis
If you listen to American, European or even Chinese leaders, Japan is the economic future no one wants. In selling massive stimulus packages and bank bailouts, Western leaders told their people, "We must do this or we will end up like Japan, mired in recession and deflation for a decade or more."
COMMENTARY / World
Feb 9, 2010
Can Greece outrun the lion of default?
ATHENS — Even as the European Union and the International Monetary Fund lay the groundwork for a giant first-round bailout, debate is swirling about whether Greece can avoid sovereign default.
COMMENTARY / World
Jan 7, 2010
Grandmasters and the future of global growth
CAMBRIDGE, Mass. — As the global economy limps out of the last decade and enters a new one in 2010, what will be the next big driver of global growth? Here's betting that the "teens" is a decade in which artificial intelligence hits escape velocity, and starts to have an economic impact on par with...
COMMENTARY / World
Oct 7, 2009
The Chinese have a massive dollar problem
CAMBRIDGE, Mass. — When will China finally realize that it cannot accumulate dollars forever? It already has more than $2 trillion. Do the Chinese really want to be sitting on $4 trillion in another five to 10 years? With the U.S. government staring at the long-term costs of the financial bailout,...
COMMENTARY / World
Sep 5, 2009
Moving from financial crisis to debt crisis?
CAMBRIDGE, Mass. — Everyone from the queen of England to laid-off Detroit autoworkers wants to know why more experts did not see the financial crisis coming. It is an awkward question.
COMMENTARY / World
Aug 6, 2009
Finance lessons still not learned one year on
CAMBRIDGE, Mass. — Next month marks the one year anniversary of the collapse of the venerable American investment bank, Lehman Brothers. The fall of Lehman marked the onset of a global recession and financial crisis the likes of which the world has not seen since the Great Depression of the 1930s....
COMMENTARY / World
Jul 8, 2009
Will Europe's economies regain their footing?
STOCKHOLM — What will Europe's growth trajectory look like after the financial crisis? For some Europeans, still nervous that their economies and banking systems might collapse, this is a little like asking a passenger on the Titanic what they plan to do when they arrive in New York.
COMMENTARY / World
Jun 17, 2009
Balancing U.S.-China economic ties
CAMBRIDGE, Mass. — As the global economy stabilizes, there is a growing danger that the United States and China will slip back into their precrisis economic patterns, placing themselves and the rest of the world at risk. Despite Chinese official rhetoric about the need for a new global currency to...
COMMENTARY / World
May 10, 2009
Here comes a downsized 'norm'
CAMBRIDGE, Mass. — Markets are bubbling over signs of "green shoots" in the global economy. An increasing number of investors see a strong rebound coming, first in China, then in the United States, and then in Europe and the rest of the world. Even the horrible growth numbers of the last couple quarters...
COMMENTARY / World
Mar 7, 2009
What's the deficit endgame?
REYKJAVIK — No one yet has any real idea about when the global financial crisis will end, but one thing is certain: Government budget deficits are headed into the stratosphere. Investors in coming years will need to be persuaded to hold mountains of new debt.
COMMENTARY / World
Nov 6, 2008
It would be a mistake to super-size the IMF
CAMBRIDGE, Mass. — As the global financial crisis radiates out from the developed economies into emerging markets, it is ravaging not only governance-challenged economies such as Venezuela, Russia and Argentina. The crisis is also striking countries like Brazil, Korea and South Africa, which appeared...
COMMENTARY / World
Jul 8, 2008
Apply the fiscal brakes to this runaway train
CAMBRIDGE, Mass. — The global economy is a runaway train that is slowing, but not quickly enough. That is what the extraordinary runup in prices for oil, metals and food is screaming at us.
COMMENTARY / World
Apr 6, 2008
U.S. debt isn't the bargain it used to be
CAMBRIDGE, Mass. — As the world's financial leaders meet in Washington this month at the World Bank-International Monetary Fund annual meeting, perhaps they should be glad there is no clear alternative to the dollar as the global currency standard.
COMMENTARY / World
Feb 9, 2008
U.S. resists its own medicine
CAMBRIDGE, Mass. — As the United States' epic financial crisis continues to unfold, one can only wish that U.S. policymakers were half as good at listening to advice from developing countries as they are at giving it.
COMMENTARY / World
Aug 14, 2007
Health-care costs to squeeze capitalism
CAMBRIDGE, Mass. — Will the inexorable rise in medical costs around the world someday pose a major challenge to contemporary capitalism? I submit that in the not-so-distant future, moral, social and political support for capitalism will be severely tested as would-be egalitarian health systems face...
COMMENTARY / World
Jul 9, 2007
Breaking locks on the pillars of finance
CAMBRIDGE, Mass. — One has go back to the "Year of Three Popes" (1978) to find a succession drama as strange as what has been happening at the International Monetary Fund and the World Bank, the two pillars of global finance.
COMMENTARY / World
Jun 4, 2007
A rare internationalist off to the rescue
NEW HAVEN, Conn. — Will newly anointed World Bank President Robert Zoellick be able to get the organization back on its feet after the catastrophic failed presidency of Paul Wolfowitz? Although hardly a megawatt star of the Bob Rubin category, he certainly brings some positive attributes to the job....
COMMENTARY / World
Apr 9, 2007
A way forward for global financial policy
CAMBRIDGE, Mass. -- Financial globalization is exploding. Yet, as the world's leading finance ministers and central bankers convene in Washington this month for the semiannual International Monetary Fund board meetings, policy paralysis continues.
COMMENTARY / World
Feb 12, 2007
Lucky feeling helps to prop up U.S. dollar
CAMBRIDGE, Massachusetts -- Many people have been asking why the dollar hasn't crashed yet. Will the United States ever face a bill for the string of massive trade deficits that it has been running for more than a decade?
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER