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April 03, 2025
 

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Barry Eichengreen
Japan Times
COMMENTARY / World
Aug 16, 2021
Will central bank digital currencies doom dollar dominance?
CBDCs are coming, but they won't change the face of international payments and they won't dethrone the dollar.
Japan Times
COMMENTARY / World
Jul 26, 2021
The stablecoin illusion
Stablecoin stability is an illusion. They are unlikely to replace Federal Reserve money, revolutionize finance or realize the dreams of their libertarian enthusiasts.
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.
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.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

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

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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