Richard Haass
explains what caused the Ukraine war, urges the West to scrutinize its economic dependence on China, proposes ways to reverse the dangerous deterioration of democracy in America, and more.
If the US Federal Reserve raises its policy interest rate by as much as is necessary to rein in inflation, it will most likely further depress the market value of the long-duration securities parked on many banks' balance sheets. So be it.
thinks central banks can achieve both, despite the occurrence of a liquidity crisis amid high inflation.
The half-century since the official demise of the Bretton Woods system of fixed exchange rates has shown the benefits of what replaced it. While some may feel nostalgic for the postwar monetary system, its collapse was inevitable, and what looked like failure has given rise to a remarkably resilient regime.
explains why the shift toward exchange-rate flexibility after 1973 was not a policy failure, as many believed.
上海--以地缘政治的全球影响力来推测,没有其它改变可与中美关系从战略合作转向战略竞争相提并论。这一转变改变了很多人对中国经济前景的乐观看法,可能因为他们相信地缘政治的影响对中国非同小可,中国将被迫偏离其成功的发展路线,回到国家全面控制经济的老路上去。
在“中国经济治理之道:今后五年的预测”—一份由比利时欧洲与全球经济治理实验室(简称Bruegel)的Alicia Garcia-Herrero博士撰写的报告中,作者预测,中国会被迫与发达经济世界相分离,走上自力更生的发展道路。不确定的是,这个模式能否成功。
是的,除了动用关税和非关税壁垒来阻止中国向美国出口之外,美国对中国在美投资的限制的确越来越多,尤其是针对中国公司收购美国的一些关键技术领域的公司方面,设置更多障碍。特朗普政府还通过扩大“实体清单”试图遏制中国科技公司的持续崛起。另外,还以数据方面的无理要求迫使中国公司从美国退市,同时限制美国资本进入中国的一些战略性行业。
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