Barry Eichengreen
Barry Eichengreen's Latest Articles | 9
Rethinking Central Banking
Central banks have massively broadened their remit in recent crisis-laden years, but the standard analytic framework – ‘flexible inflation targeting’ – has... Read »
Ireland’s Rescue Package: Disaster for Ireland, Bad Omen for the Eurozone
Irish interest spreads did not fall and contagion continues. Here one of the world’s leading international economists explains why. Short-sighted, wishful thinking... Read »
From Currency Warfare to Lasting Peace
The ‘international currency war’ mentioned by Brazil’s finance minister poses massive dangers for the world trade and financial systems. This... Read »
Fetters of Gold and Paper
The world economy is experiencing tensions arising from inflexible exchange rates – particularly the dollar-renminbi peg and the Eurozone. Drawing on lessons from... Read »
How Housing Slumps End
The world’s current economic problems started when housing bubbles burst in several advanced economies. Economic recovery without housing market recovery is... Read »
The Impact of New Exchange Rate Regime on China’s Economy
China’s announcement of greater renminbi flexibility was welcomed by US and European leaders. This column discusses new empirical research on what happens to economies... Read »
Drawing a Line Under Europe’s Crisis
Financial crises feed on uncertainty. This essay warns that the longer the Eurozone crisis is allowed to linger, the greater will be the damage. But Europe can take... Read »
A Tale of Two Depressions (Part II)
This is an update of the authors’ 6 April 2009 column comparing today’s global crisis to the Great Depression. World industrial production, trade, and... Read »
A Tale of Two Depressions (Part I)
Often cited comparisons – which look only at the US – find that today’s crisis is milder than the Great Depression. In this column, two leading economic historians... Read »
The Protectionist Temptation: Lessons from the Great Depression
What do we know about the spread of protectionism during the Great Depression and what are the implications for today’s crisis? This column says the lesson is... Read »







