Trump's enforcement of Iran sanctions could undermine the dollar's global primacy.
For Barry Eichengreen's latest contributions to The Japan Times, see below:
The problems with the latest wave of cryptocurrencies will be familiar to anyone who has encountered even a single study of speculative attacks on pegged exchange rates.
Trump's 'America First' policy is making space for China to shape international trade.
Will China's power and prosperity really boost the global appeal of its authoritarian model?
By eschewing escalation in response to the Trump administration's widening tariffs on its exports, China can jeopardizing the global trade system that is fueling its growth.
Trump-related uncertainty may be one reason among many behind the greenback's weakness.
Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to casualties of the downturn. But, for a combination of economic and political reasons, the U.S., in particular, is ill-prepared to respond normally.
While many people believe that technological progress and job destruction are accelerating dramatically, there is no evidence of either trend.
Pundits have been saying last rites for the dollar's global dominance since the 1960s. They may finally be right.
The summit at Mar-a-Lago showed that even a president as reckless as Trump knows that the U.S. cannot afford to antagonize the Chinese.