Page 7 - Barry Eichengreen News Today

The industrial policies emerging in the US and other parts of the world are reordering global production chains.

Record government debt, geopolitical tensions, and weak productivity gains may result in a slow-growth future for the global economy.

US President Joe Biden and his team get little credit for their management of the American economy. Aware that the...

Jackson Hole (Wyoming): The steep jump in public debt loads over the past decade and a half, as governments borrowed large amounts of money to battle the Global Financial Crisis and the fallout from the Covid-19 pandemic, is probably irreversible.

JACKSON HOLE (WYOMING): Swollen government indebtedness – and the upward pressure that puts on interest rates – is here to stay, according to a paper to be presented to the Federal Reserve’s annual Jackson Hole symposium last Saturday.

Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth future that stunts development in some countries even before it starts. That sobering view of a post-pandemic global economy emerged from research organized by the Kansas City Federal Reserve and debated here this past weekend. It explored issues like the outlook for technological innovation, publ...

According to European Central Bank president Christine Lagarde, “in this age of shifts and breaks … we do not yet know whether we are returning to the old world or entering a new one.”

 BERKELEY — US President Joe Biden and his team get little credit for their management of the American economy. Aware that the 2024 presidential election, like most, will turn on economic conditions, or perceptions of economic conditions, the president has taken to the hustings, repeating his mantra that “Bidenomics is working.” But while Bidenomics may be working, the message

Countries are now in a more fragile environment and they've used a lot of their fiscal resources to deal with a pandemic

Global upheaval is unleashing persistent price pressures that present new challenges, economists told the annual Jackson Hole gathering.