Economeister

Itsuo Toshima

Gaining a sense of perspective on the Greek crisis

Greece was long regarded as a winter resort for Germans and other Europeans, whose lavish lifestyles the locals observed with envy. When Greece cast aside the drachma to join the euro, Greeks dreamed it would allow them to live as the Germans did. ...

  • Joseph E. Stiglitz

    Europe's attack on Greek democracy

    NEW YORK -- The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal...

  • Itsuo Toshima

    'Grexit' could come sooner than expected

    Japanese stocks became among the first to tumble Monday, as the situation in Greece developed rapidly after Athens announced that it will hold a referendum on July 5 on the European Union's fiscal reforms and shut down its private banking system. ...

  • Frederic Neumann

    For Asia, 'decoupling' is a double-edged sword

    Emerging markets in Asia no longer depend on the West for growth, but nor will they benefit as much from its recovery, writes Fredric Neumann.

  • Nicholas Spiro

    Asia's markets can't afford a 'Grexit'

    Greece leaving the eurozone could cost Asia dearly, argues Nicholas Spiro.

  • Gan Jie

    No hard landing on China's horizon

    The country's economy is stabilizing, though fundamental challenges still need to be addressed, says Gan Jie.

  • Klaus Baader

    Asia's monetary policy easing is working

    It's hard to say if the recent monetary easing by Asia-Pacific nations has done any good. But overall, it seems to be working, writes Klaus Baader.

  • Ryoji Musha

    Shaky foundations leave China's future uncertain

    China might not have the economic strength to back up its political ambitions after all, writes Ryoji Musha.

  • Paul Donovan

    Why weakening the yen is a terrible idea

    The old idea of a weaker yen helping to boost Japan's economy by giving exporters a leg-up does not match the reality of the modern, globalized world.

  • Joseph E. Stiglitz and Martin Guzman

    A rule of law for sovereign debt

    NEW YORK -- Governments sometimes need to restructure their debts. Otherwise, a country's economic and political stability may be threatened. But, in the absence of an international rule of law for resolving sovereign defaults, the world pays a highe...

  • Peter Tasker

    How Japan could resolve its looming immigration dilemma

    Japan needs to be open to foreign labor, but it also needs to handle the complex issue of immigration in a pragmatic way, says Peter Tasker.

  • Heizo Takenaka

    Concession projects can change Japan

    Having private business operate public infrastructure can facilitate growth, writes Heizo Takenaka.

  • Stephen Grenville

    Yuan deserves a place in the IMF basket

    Including China's currency in the SDR basket would acknowledge the nation's progress as a global economic player, says Stephen Grenville.

  • Mohamed El-Erian

    The quiet financial revolution

    LAGUNA BEACH -- Steadily and indisputably, the financial services industry -- with which we all interact, whether as borrowers, savers, investors, or regulators -- has embarked on a multiyear transformation. This process, slow at first, has been driv...

  • Joseph E. Stiglitz

    Europe's Last Act?

    NEW YORK -- European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors' demands far more than halfway. Yet Germany and Greece's other creditors continue to demand that the country sign on to...

  • Ritesh Kumar Singh and Prerna Sharma

    Without reform, India's $900bn export target a pipe dream

    Many factors getting in the way of India's ambitions need to go if the nation is to reach its export goals, argue Ritesh Kumar Singh and Prerna Sharma.

  • Frederic Neumann

    Time to talk about the high income trap

    Much is made of the dangers of falling into the middle income trap. But as Japan shows, high income traps are just as problematic, says Frederic Neumann.

  • Nicholas Spiro

    Reprieve for Malaysia as India, Indonesia disappoint

    Investor sentiment towards emerging Asia's economies is in flux and nothing reflects that more acutely than the changing fortunes of Malaysia. In the second half of last year, the region's sole net oil exporter was distinctly out of favour with i...

  • Frederic Neumann

    Will China avoid the middle income trap?

    Size, demographics and a knack for reform will help the country avoid the fate of other promising economies, says Frederic Neumann.

  • Sayuri Kawamura

    No end in sight for BOJ easing

    An exit strategy from quantitative and qualitative easing will be tough to formulate but essential, writes Sayuri Kawamura.