Barry Eichengreen | The Daily Star

  • Barry Eichengreen

    The writer is a professor at the University of California, Berkeley, and the University of Cambridge. His latest book is Hall of Mirrors: The Great Depression, the Great Recession, and the Uses – and Misuses – of History.

  • Emerging risks for emerging economies

    Suddenly it seems that emerging-market economies have gained a respite. Capital flows to these economies dried up in the second half of last year as the US Federal Reserve raised its policy rate for five consecutive quarters and shrank its balance sheet.

  • Shelter from the storm in 2019

    What would have to happen for this to be a tranquil year economically, financially, and politically? Answer: a short list of threats to stability would have to be averted.

  • Globalisation with Chinese characteristics

    US President Donald Trump's erratic unilateralism represents nothing less than abdication of global economic and political leadership.

  • Can a trade war be averted?

    Probably the question most frequently asked of international economists these days is: “Are we seeing the start of a trade war?” This is not a question that admits of a simple yes-or-no answer. In contrast to a shooting war, there's no government declaration to mark the official outbreak of hostilities. Tariffs have been raised and lowered throughout history, for reasons both good and bad.

  • Ready or not for the next recession?

    A sunny day is the best time to check whether the roof is watertight. For economic policymakers, the proverbial sunny day has arrived:
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