Foreign Views


Vale the Santana, symbol of rapid change

MY nostalgia shifted into high gear recently when I read that Qiangsheng, one of Shanghai’s largest taxi companies, would soon be retiring its classic Volkswagen Santanas in favor of newer, roomier models. According ...

September 26, 2018, Wednesday


We need leaders in climate war

HURRICANE Florence, which smashed into the southeastern United States last week, is the latest in a string of extreme weather events that has raised expectations for disaster preparedness. With big storms ...

September 21, 2018, Friday


New rules will not prevent the next crisis

ON September 7, 2008, the US Treasury announced that the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, popularly known as Fannie Mae and Freddie Mac, had been placed ...

September 20, 2018, Thursday


Has the global financial meltdown been wasted?

WITH the coming of the tenth anniversary of the global financial crisis, a wave of retrospective reviews is bearing down on us. Many of them will try to answer the Big Question: Has the financial system ...

September 20, 2018, Thursday


Mobilized masses warn leaders on climate

THIS year, extreme weather conditions have ravaged our planet, subjecting vulnerable communities around the world to the ever-increasing impacts of climate change. With each passing day, we learn more ...

September 19, 2018, Wednesday


‘Trial of the century’ as American group asks court to rule on US climate inaction

Next month, a judge in Oregon will begin hearing a case brought against the United States government on behalf of 21 young people, supported by the non-profit organization Our Children’s Trust, who allege...

September 18, 2018, Tuesday


China reports by West are in need of reality check

over several decades, the world has looked on while China underwent some of its biggest changes of the 20th century....

September 18, 2018, Tuesday


The debate on secular stagnation goes on

JOSEPH Stiglitz, noted economist Roger Farmer, and I are now and have long been in agreement on what are probably the most important points. The “New Keynesian” paradigm that sees business cycles as arising ...

September 14, 2018, Friday


The debate on secular stagnation goes on

AS Larry Summers rightly points out, the term “secular stagnation” became popular as World War II was drawing to a close. Alvin Hansen (and many others) worried that, without the stimulation provided ...

September 14, 2018, Friday


Intervene early to head off financial crises

THE public spat between Nobel laureate Joseph Stiglitz and former US Treasury Secretary Larry Summers (September 10, Shanghai Daily) is remarkable for the personal animosity that it reveals between two ...

September 13, 2018, Thursday




 

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