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Barry Eichengreen
COMMENTARY / World
Mar 26, 2010
Nationality is no way to select IMF leader
BERKELEY, Calif. — The International Monetary Fund, many say, has had a good crisis. As recently as three years ago, many observers thought that the Fund had outlived its usefulness and should be closed down. Since then, it has intervened in Hungary, Latvia, Iceland and Ukraine, among other crisis-stricken...
COMMENTARY / World
Jan 29, 2010
A bully pulpit for Obama's financial reforms
BERKELEY, Calif. — President Barack Obama has not had an easy first year economically. He inherited a financial system on the verge of collapse. He was bequeathed an economy in recession and an unemployment rate destined to rise. And he faced a Congress and an economics profession with a tendency to...
COMMENTARY / World
Dec 25, 2009
The challenge of Seoul's G20 chairmanship
BERKELEY, Calif. — On Jan. 1, South Korea takes over the Group of 20 chairmanship from the United Kingdom. Korea is not the first emerging market to chair the G20, but it is the first to do so since the global financial crisis. And it is the first to do so since the G20 emerged as the steering committee...
COMMENTARY / World
Nov 26, 2009
The irresistible rise of the Chinese renminbi
BEIJING — China is making a big push to encourage greater international use of its currency, the renminbi. It has an agreement with Brazil to facilitate use of the two countries' currencies in bilateral trade transactions. It has signed renminbi swap agreements with Argentina, Belarus, Hong Kong, Indonesia,...
COMMENTARY / World
Oct 29, 2009
Reports of the dollar's death are exaggerated
BERKELEY, Calif. — The blogosphere is abuzz with reports of the dollar's looming demise. The greenback has fallen against the euro by nearly 15 percent since the beginning of the summer. Central banks have reportedly slowed their accumulation of dollars in favor of other currencies. One sensational...
COMMENTARY / World
Jul 29, 2009
All stimulus roads lead to China
BEIJING — Now that the "green shoots" of recovery have withered, the debate over fiscal stimulus is back with a vengeance. In the United States, those who argue for another stimulus package observe that it was always wishful thinking to believe that a $787 billion package could offset a $3 trillion...

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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?