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Yu Yongding

Yu Yongding

Writing for PS since 2010
68 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. 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.

  2. 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.

  3. 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.

  4. America Has Stopped Playing by the Monetary Rules
    yu65_China PhotosGetty Images_renminbidollar China Photos/Getty Images

    America Has Stopped Playing by the Monetary Rules

    Apr 27, 2022 Yu Yongding considers the long-run implications of the US decision to freeze Russia's official foreign-exchange reserves.

  5. China's Real-Estate Balancing Act
    yu64_Getty Images_china real estate evergrande Getty Images

    China's Real-Estate Balancing Act

    Feb 21, 2022 Yu Yongding considers how the country can mitigate property-sector risks without sacrificing robust GDP growth.

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  1. rogoff231_Tom WilliamsCQ-Roll Call, Inc via Getty Images_ftxbankman-fried Tom Williams/CQ-Roll Call, Inc via Getty Images
    1

    Will Crypto Survive?

    Kenneth Rogoff assesses the strategies regulators could adopt in the aftermath of the FTX debacle.
  2. spence156_SAUL LOEBAFP via Getty Images_bidenxi Saul Loeb/AFP via Getty Images
    2

    Done With Deglobalization?

    Michael Spence sees reason to hope that the scales may soon tip back from international confrontation to cooperation.
  3. velasco131_Chris McGrathGetty Images_bitcoin Chris McGrath/Getty Images
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    The Unbearable Uselessness of Crypto

    Andrés Velasco explains why FTX's collapse should sink a hyped-up lie bobbing on an ocean of libertarian technobabble.
  4. sinn107_Sean GallupGetty Images_germanyenergycoal Sean Gallup/Getty Images
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    Is Germany Sick Again?

    Hans-Werner Sinn pours cold water on the fantasy that European economies can weather gas shortages with minimal pain.
  5. op_stiglitz6_Anna MoneymakerGetty Images_USabortionprotest Anna Moneymaker/Getty Images
    1

    America's Silent Progressive Majority

    Joseph E. Stiglitz

    Now that the American electorate appears to have rejected Republican extremism, many will argue that US President Joe Biden and the Democrats should tack right to capture centrist voters. But this would be a mistake, given where voters' preferences increasingly lie.

     considers what the midterm election results indicate about voters' real priorities.
  6. jlevy2_Geo. P. Hall & SonThe New York Historical SocietyGetty Images_railroad Geo. P. Hall & Son/The New York Historical Society/Getty Images
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    Big Tech Gets Derailed

    Jonathan Levy traces the origins of the sector's recent turmoil to the nineteenth-century rise of the corporation.
  7. BQ – West Give in to Russia NurPhoto / Contributor via Getty Images
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    Will the West Give in to Russia?

    From soaring inflation to a deepening energy crisis, the United States and Europe are facing no shortage of economic challenges, and Russia’s war against Ukraine – and the sanctions imposed in response to it – bears much of the blame. As Russia launches new rounds of missile attacks, we asked PS commentators what the West should be doing for Ukraine – and how likely it is to do it.

  8. varoufakis97_SAMUEL CORUMAFP via Getty Images_musktwitter Samuel Corum/AFP via Getty Images
    4

    The Techno-Feudal Method to Musk’s Twitter Madness

    Yanis Varoufakis explains that the issue is neither vanity nor public service, but rather the need to acquire cloud capital.
  9. tmeyer2_Drew AngererGetty Images_supremecourtclimateprotest Drew Angerer/Getty Images
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    The Case for Mandating Climate-Risk Disclosure

    Timothy Meyer, et al. defend the legal and economic justification for the US Securities and Exchange Commission's proposed new rule.

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