Economeister

Motoshige Itoh

China's financial crisis hinges on 'good equilibrium'

The severity of financial crises depends on the presence of "good equilibrium," with a calm market, or "bad equilibrium," when the market overreacts and the crisis snowballs.

  • Arthur M. Mitchell

    Corporate governance reforms a potential catalyst for real change in Japan

    Japanese politicians are realizing the role of government is to foster conditions in which the private sector can flourish, writes Arthur M. Mitchell.

  • Dani Rodrik

    Back to fundamentals in emerging markets

    CAMBRIDGE -- Following 15 years of hype, a new conventional wisdom has taken hold: emerging markets are in deep trouble. Many analysts had extrapolated rapid growth in countries such as Brazil, Russia, Turkey, and India into the indefinite future, ca...

  • Naoyuki Yoshino and Matthias Helble

    Asian growth holds opportunities for Pacific nations

    Asia can help Pacific economies advance, but environmental and social sustainability must be guiding principles, say Yoshino and Helble.

  • Heizo Takenaka

    Parsing Japan's latest fiscal and economic blueprint

    The Japanese government makes major policy decisions every year in late June, and this year was no exception. On June 30, the cabinet approved an economic and fiscal management blueprint and a growth strategy, which are the revised fiscal 2015 versi...

  • George Magnus

    TPP can help but not transform Asia's trade funk

    It has become almost an annual ritual for the International Monetary Fund to lower its projections for economic growth in emerging countries, including those in Asia, still the most dynamic part of the emerging universe. A key factor in recent downgr...

  • Xia Le

    Renewed market turmoil shows need for new approach

    Beijing should unify its market regulators, focus on institutional liquidity and open up further to foreign investors, says Xia Le.

  • Nicholas Spiro

    Southeast Asia slowdown tests investors' will

    Singapore's economy has practically ground to a halt. As recently as the second half of 2014, it grew 3.75%. But a flash estimate for second-quarter gross domestic product showed the economy contracted 4.6% from the previous quarter, much worse than ...

  • Dale W. Jorgenson

    Trans-Pacific Partnership can help end Japan's 'lost decades'

    The Trans-Pacific Partnership, by spurring trade and investment, offers Japan and the U.S. a way to lift economic growth, writes Dale W. Jorgenson.

  • Paul Donovan

    Without marriage equality, Asia may suffer

    There will be consequences for economies that essentially prevent some workers from reaching their full potential, writes Paul Donovan.

  • Itsuo Toshima

    Toshiba, Abe scaring global investors from Japanese stocks

    Itsuo Toshima wonders how much longer Japanese stocks can keep shooting skyward while global investors remain on the sidelines?

  • Brian Jackson

    Weak linkages with Chinese stocks to limit drag on most non-financial sectors

    Stock market turmoil has dominated headlines in China over the last four weeks, following months of equally intense coverage of its rise. Most observers understand the basic figures about the rise and fall of valuations in China, along with their inc...

  • Ian Bremmer

    Stop looking for villains in Greek crisis

    The Greek people have now raised the stakes, and it's time for a broader look at the threat to the European project. There are so many high-profile multinational negotiations under way at the moment. Iran, the U.S., Britain, France, Germany, Russ...

  • 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.