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Barry Eichengreen
Japan Times
COMMENTARY / World
Dec 17, 2017
Two myths about automation
While many people believe that technological progress and job destruction are accelerating dramatically, there is no evidence of either trend.
Japan Times
COMMENTARY / World
Oct 15, 2017
Are we at the demise of dollar diplomacy?
Pundits have been saying last rites for the dollar's global dominance since the 1960s. They may finally be right.
COMMENTARY / World
Apr 11, 2017
Crouching Donald, paper tiger
The summit at Mar-a-Lago showed that even a president as reckless as Trump knows that the U.S. cannot afford to antagonize the Chinese.
Japan Times
COMMENTARY / World
Jan 16, 2017
Why Trump is succeeding where Powell failed
The experience of British nativist firebrand Enoch Powell in the late 1960s and early 1970s can help shed light on Donald Trump's political success.
Japan Times
COMMENTARY / World
Dec 18, 2016
Welcome to the age of hyper-uncertainty
The year 2017 will mark the 40th anniversary of the publication of John Kenneth Galbraith's 'The Age of Uncertainty.' But if Galbraith were writing the same book in 2017, he probably would call the 1970s the Age of Assurance.
Japan Times
COMMENTARY / World
Nov 22, 2016
Globalization's last gasp
Does Donald Trump's election mean that globalization is dead, or are reports of the process' demise greatly exaggerated?
COMMENTARY / World
Sep 17, 2016
Brexit and the pound in your pocket
The early returns on Brexit are in and the data are not good, regardless of claims to the contrary by 'leave' supporters.
COMMENTARY / World
Aug 15, 2016
Airing the IMF's dirty laundry
The IMF's role in Europe's post-2008 crisis shows why it needs an independent management team that can make decisions free of political interference.
Japan Times
COMMENTARY / World
Apr 14, 2016
Casualties of globalization sound 'Brexit' alarm
A vote for 'Brexit' is a vote against Britain's political mainstream.
COMMENTARY / World
Mar 19, 2016
Time to move beyond monetary policy
Ideological and political prejudices deeply rooted in history will have to be overcome to end the current stagnation.
COMMENTARY / World
Dec 16, 2015
High tech and today's productivity paradox
Recent trends in productivity growth make it hard to be optimistic about the future, but when radical innovations are first rolled out, their immediate effect isn't always known.
COMMENTARY / World
Oct 19, 2015
EU needs a policy solution, not more razor wire
Creating institutions to enhance border security and resettle refugees will require Europe to take another step toward deeper political integration, with decisions made at the EU, not the national, level.
Japan Times
COMMENTARY / World
Sep 15, 2015
The folly of China's forex policy
China should start developing stable and liquid financial markets that are not subject to official manipulation. Only then will the international community embrace the renminbi as a proper international and reserve currency.
Japan Times
COMMENTARY / World
Apr 21, 2015
Europe's poisoned chalice of economic growth
In developing countries, it is said that good times are bad times for economic reform. Welcome to developing Europe.
Japan Times
COMMENTARY / World
Mar 15, 2015
Fed under attack for its bailouts and posturing
The Federal Reserve is under attack, as bills subjecting the U.S. central bank to 'auditing' by the Government Accountability Office are likely to be passed by both houses of Congress.
COMMENTARY / World
Feb 21, 2015
A central bank needn't sweat its balance sheet
Around the world, central banks' balance sheets are becoming an increasingly serious concern. Yet, balance-sheet considerations rank, at best, a distant fourth on the list of worthy monetary-policy goals.
COMMENTARY / World
Dec 16, 2014
ECB must banish the specter of deflation
The European Central Bank is moving, hesitantly but ineluctably, toward quantitative easing, as the threat of deflation — and the ineffectiveness of its previous measures — leaves it no choice.
COMMENTARY / World
May 19, 2014
Indecision drives European crisis treadmill
If we have learned one thing from the last four years, it is that the EU lacks the capacity to act decisively. The eurozone will not collapse this year, but its troubles are far from over.
COMMENTARY / World
Feb 21, 2014
The dollar and the damage done to markets
Put three financial events together, including the torpedoing of International Monetary Fundreform, and what you get is a U.S. that has renationalized the international lender-of-last-resort function.
COMMENTARY / World
Oct 15, 2013
The dollar and the U.S. debt ceiling
Sane governments don't default by choice — especially when they're privileged with issuing the global currency. We are about to find out whether the U.S. still has a sane government.

Longform

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