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Yu Yongding

Yu Yongding

Writing for PS since 2010
70 commentaries

Yu Yongding, a former president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006. 

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  1. A Good Year for China’s Economy
    yu70_Yang ZhenghuaVCG via Getty Images_china lunar new year Yang Zhenghua/VCG via Getty Images

    A Good Year for China’s Economy

    Feb 13, 2023 Yu Yongding envisions a strong growth rebound in 2023, fueled by optimal fiscal and monetary expansion.

  2. China's Exchange-Rate Challenge
    yu69_FREDERIC J. BROWNAFP via Getty Images_renminbi FREDERIC J. BROWN/AFP via Getty Images

    China's Exchange-Rate Challenge

    Dec 20, 2022 Yu Yongding thinks the government should focus on growth in 2023 and let the market take care of the renminbi.

  3. China’s Fiscal Challenges
    yu68_STRAFP via Getty Images_china construction STR/AFP via Getty Images

    China’s Fiscal Challenges

    Oct 24, 2022 Yu Yongding highlights two barriers to the effective implementation of growth-enhancing infrastructure investment.

  4. The Importance of Asian Financial Cooperation
    yu67KAZUHIRO NOGIAFP via Getty Images_asia exchange rate KAZUHIRO NOGI/AFP via Getty Images

    The Importance of Asian Financial Cooperation

    Aug 25, 2022 Yu Yongding makes the case for deeper regional engagement and market integration among the ASEAN+3 economies.

  5. America’s External Sustainability Is at Risk
    yu66_Lazy_BearGetty Images_USeconomy Lazy_Bear/Getty Images

    America’s External Sustainability Is at Risk

    Jul 4, 2022 Yu Yongding worries that the United States’ long record of easily servicing its massive debts might be coming to an end.

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  1. gaffney4_Leonardo MunozVIEWpress_tax Leonardo Munoz/VIEWpress

    Tax the Rich to Save the Planet

    Owen Gaffney argues that reducing economic inequality is the key to strengthening democracy and mitigating climate change.
  2. nye240_Yuichiro ChinoGetty Images_worldtechnologyconnection Yuichiro Chino/Getty Images

    Is Globalization Over?

    Joseph S. Nye, Jr. explains why reports of the death of humanity's interdependence are greatly exaggerated.
  3. goldsmith3_LEONARDO MUNOZAFP via Getty Images_trumpindictment Leonardo Munoz/AFP via Getty Images

    Putin and Trump in the Dock?

    Jack Goldsmith explains the risks associated with pursuing criminal prosecutions against high-profile political figures.
  4. fischer202_JULIEN DE ROSAAFP via Getty Images_ukraine JULIEN DE ROSA/AFP via Getty Images

    The Great Revision

    Joschka Fischer examines the broader geopolitical restructuring that was triggered by Russia’s full-scale invasion of Ukraine.
  5. op_feld2_Mike KempIn Pictures via Getty Images_inflation Mike Kemp/In Pictures via Getty Images

    Why Inflation Persists

    Lars P. Feld

    What "Team Transitory" has missed in the inflation debate is that inflation tends to become persistent because of second-round effects. Not only have producer prices risen over the past year or so, but they also have not yet been fully passed through the value chain.

    navigates the complex array of factors that give rise to one of the biggest problems in macroeconomics.
  6. haldar19_ Beata ZawrzelNurPhoto via Getty Images_wanted putin Beata Zawrzel/NurPhoto via Getty Images

    Wanted: Vladimir Putin

    Antara Haldar explains why the International Criminal Court’s indictment is more than just a symbolic victory.
  7. BP financial crisis Anadolu Agency / Contributor via Getty Images

    Here We Go Again?

    Fifteen years after the collapse of the US investment bank Lehman Brothers triggered a devastating global financial crisis, the banking system is in trouble again. Central bankers and financial regulators each seem to bear some of the blame for the recent tumult, but there is significant disagreement over how much – and what, if anything, can be done to avoid a deeper crisis.

  8. roubini175_Michael M. SantiagoGetty Images_debt crisis Michael M. Santiago/Getty Images

    The Coming Doom Loop

    Nouriel Roubini warns that liquidity support will not be enough to prevent a deeper financial crisis and economic downturn.
  9. james202_FABRICE COFFRINIAFP via Getty Images_ubs credit suisse FABRICE COFFRINI/AFP via Getty Images

    Crises of Uncertainty

    Harold James fears the consequences of policymakers’ continual revision of economic and financial governance rules.

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