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Barry Eichengreen

For Barry Eichengreen's latest contributions to The Japan Times, see below:

The folly of China's forex policy

Sep 15, 2015

The folly of China's forex policy

China should start developing stable and liquid financial markets that are not subject to official manipulation. Only then will the international community embrace the renminbi as a proper international and reserve currency.

Oct 15, 2013

The dollar and the U.S. debt ceiling

Sane governments don't default by choice — especially when they're privileged with issuing the global currency. We are about to find out whether the U.S. still has a sane government.

Jun 19, 2013

Lessons of a Greek tragedy

Had Greece quickly written down its debt burden by two-thirds in the first half of 2010, it could have gotten its economy moving again in no more than a year.