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Barry Eichengreen
Japan Times
COMMENTARY / World
Jul 7, 2021
The logic of effective climate action
The China shock gave us Donald Trump. A carbon tax, imposed willy-nilly, could result in even worse.
Japan Times
COMMENTARY / World
May 29, 2021
Will the productivity revolution be postponed?
Scientific advances — epitomized by the rapid development of RNA-based COVID-19 vaccines — are the most fundamental reasons for optimism.
Japan Times
COMMENTARY / World
Mar 31, 2021
Who needs a digital dollar?
The idea of a digital dollar has been in the air for some time now. Recently, it descended from the ether to the lips of U.S. Treasury Secretary Janet Yellen and Federal Reserve Chair Jay Powell. At an event in February, Yellen flagged the idea as “absolutely worth looking at,” adding that the Federal...
Japan Times
COMMENTARY / World
Dec 13, 2020
The COVID-19 debt dogs that didn’t bark
The expected financial tsunami crisis never arrived. Just six countries have defaulted on their sovereign debt, and only Argentina and Ecuador have restructured their debts.
Japan Times
COMMENTARY / World
Nov 10, 2020
America’s dangerous transition
Biden now, like FDR then, must reiterate his message of hope and unity as an antidote to the coronavirus and political division.
Japan Times
COMMENTARY / World
Jul 15, 2020
Training for the pandemic economy
Policymakers must take the right steps to ease the transition to the world being created by COVID-19.
Japan Times
COMMENTARY / World
Jun 9, 2020
Rage against the pandemic
Racial disparities in the impact of the COVID-19 crisis are fueling the U.S. protests.
Japan Times
COMMENTARY / World
May 18, 2020
Managing the coming global debt crisis
Suspending developing economies' debt didn't work in the 1980s and it won't work now.
Japan Times
COMMENTARY / World
Mar 11, 2020
A crash course in Coronanomics 101
The effectiveness of macroeconomic tools are limited in the battle against the pandemic.
Japan Times
COMMENTARY / World
Nov 17, 2019
Will Beijing undergo a revolution of rising expectations?
Amid much discussion of the challenges facing the Chinese economy, the lineup of usual suspects typically excludes the most worrying scenario of all: popular unrest.
Japan Times
COMMENTARY / World
Oct 16, 2019
Will Libra be stillborn?
The remedy for the financial woes of people in developing countries isn't going to come from Facebook.
Japan Times
COMMENTARY / World
Jan 14, 2019
Shelter from the storm in 2019
Global economic, financial and political stability depends on outcomes in four areas.
Japan Times
COMMENTARY / World
Dec 10, 2018
The phony America-China truce
The U.S. and China have very different views of what they had signed up for in the truce.
Japan Times
COMMENTARY / World
Oct 19, 2018
The dollar and its discontents
Trump's enforcement of Iran sanctions could undermine the dollar's global primacy.
Japan Times
COMMENTARY / World
Sep 23, 2018
The myth of the stable cryptocurrency
The problems with the latest wave of cryptocurrencies will be familiar to anyone who has encountered even a single study of speculative attacks on pegged exchange rates.
Japan Times
COMMENTARY / World
Aug 13, 2018
Globalization with Chinese characteristics
Trump's 'America First' policy is making space for China to shape international trade.
Japan Times
COMMENTARY / World
May 14, 2018
China and the future of democracy
Will China's power and prosperity really boost the global appeal of its authoritarian model?
Japan Times
COMMENTARY / World
Apr 11, 2018
Can a U.S.-China trade war be averted?
By eschewing escalation in response to the Trump administration's widening tariffs on its exports, China can jeopardizing the global trade system that is fueling its growth.
Japan Times
COMMENTARY / World
Mar 19, 2018
The dollar's doldrums
Trump-related uncertainty may be one reason among many behind the greenback's weakness.
Japan Times
COMMENTARY / World
Jan 16, 2018
Ready or not for the next recession?
Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to casualties of the downturn. But, for a combination of economic and political reasons, the U.S., in particular, is ill-prepared to respond normally.

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