Showing 1 - 10 of 16
How elections bring about a cycle of devaluation
Oped, Jeffrey Frankel, Published on 01/05/2024
» The proposition that major currency devaluations are more likely to come immediately after, rather than before, an election is being tested anew. In the biggest voting year in history, the implications could be far-reaching.
Is a global recession really coming up?
Oped, Jeffrey Frankel, Published on 19/01/2023
» The world's leading economists spent most of 2022 convincing themselves that, if the global economy was not already in a recession, it was about to fall into one. But with the year 2022 end, the global slump has been postponed to the present 2023.
International trade: Is it a help or a hindrance?
Oped, Jeffrey Frankel, Published on 22/06/2022
» Leading economies have been afflicted with new problems over the past year. The United States is struggling with both supply-chain blockages and a critical shortage of baby formula. The European Union faces the threat of scarce energy supplies, owing to sanctions on Russian fossil-fuel exports. And almost all countries are experiencing high inflation.
El Salvador's Bitcoin bet is a dangerous folly
News, Jeffrey Frankel, Published on 30/09/2021
» El Salvador this month became the first country to adopt a cryptocurrency -- in this case, Bitcoin -- as legal tender. I say the first, because others might follow. But they should think twice, because the idea is highly dubious -- and likely to be economically dangerous for developing countries in particular.
The G20's coronavirus agenda
Oped, Jeffrey Frankel, Published on 27/08/2021
» Finance ministers, central bank governors, and political leaders are hard at work preparing for the 2021 G20 Heads of State and Government Summit in Rome on Oct 30-31. With the Covid-19 pandemic stretching well into its second year, the meeting will come at a time of heightened uncertainty about public health and the global economy. And though the mechanisms of international cooperation have been weakened by the pandemic and remain bruised by former US President Donald Trump's legacy, they are more important than ever.
Good statistics are crucial amid the pandemic
Oped, Jeffrey Frankel, Published on 05/06/2021
» 'There are three kinds of lies," Mark Twain famously wrote. "Lies, damned lies, and statistics." Too often, the Covid-19 crisis has lent support to the suspicions Twain's bon mot expresses.
Terms which misdefined 2020
Oped, Jeffrey Frankel, Published on 01/01/2021
» US President Donald Trump and the Covid-19 pandemic dominated the news headlines in 2020. Three terms, in particular, came to symbolise the year: "witch hunt", "black swan" and "exponential".
The connection between Covid-19 and climate
Oped, Jeffrey Frankel, Published on 02/10/2020
» From early on in the Covid-19 pandemic, a common refrain has been, "At least maybe now we will get serious about addressing climate change." One can certainly see the logic behind this thinking. The terrible toll the pandemic has taken should remind us of the importance of three things that are also necessary to tackle global warming: science, public policy, and international cooperation.
So what exactly's in a recession?
Oped, Jeffrey Frankel, Published on 26/06/2020
» On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research declared that economic activity in the United States had peaked in February 2020, formally marking the start of a recession. But we already knew that we were in a recession that had likely begun around that date. So, why does the NBER's formal declaration matter?
Democrats no strangers to tariffs
News, Jeffrey Frankel, Published on 15/06/2018
» US President Donald Trump's aggressive approach to trade, which was on stark display at last week's G7 summit in Quebec, has elicited widespread derision. Critics point out that his tariffs hurt the domestic economy -- by raising costs for consumers and producers, and reducing foreign sales of farmers and other exporters -- while undermining America's relationships with its own allies. But there is one point that many observers get wrong: contrary to popular belief, Mr Trump's tariffs are not an unprecedented departure from historical Republican orthodoxy.