Why hasn't China rushed to bail out its economy?
Zhang Jun explains why China has abandoned its aggressive macroeconomic strategy in favour of de-risking
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Zhang Jun explains why China has abandoned its aggressive macroeconomic strategy in favour of de-risking
Beijing’s move away from aggressive macroeconomic policy goes back to ‘de-risking’ efforts that began in 2016. However, the growing risk of a protracted downturn underscores the need to find more effective solutions to the pressing economic challenges.
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
On April 10, family, friends, former students, and colleagues gathered in Woolsey Hall to celebrate the legacy of Yale’s longtime chief investment officer.