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Zhang Jun

Zhang Jun

Writing for PS since 2005
58 commentaries

Zhang Jun, Dean of the School of Economics at Fudan University, is Director of the China Center for Economic Studies, a Shanghai-based think tank.

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  1. China’s Savings Conundrum
    zhang59_JADE GAOAFP via Getty Images_chinahousing Jade Gao/AFP via Getty Images

    China’s Savings Conundrum

    Feb 2, 2023 Zhang Jun explains why – and how – the country must stimulate household consumption to achieve a robust recovery.

  2. The State Legacy of China’s Success
    zhang58_Kevin FrayerGetty Images_china elite Kevin Frayer/Getty Images

    The State Legacy of China’s Success

    Dec 6, 2022 Zhang Jun explains why Western scholars should pay more attention to the crucial role of the state.

  3. What’s Happened to China’s Economy?
    zhang57_ HECTOR RETAMALAFP via Getty Images_shanghailockdowncovid Hector Retamal/AFP via Getty Images

    What’s Happened to China’s Economy?

    Oct 5, 2022 Zhang Jun worries that weakened incentives for local-government policy innovation are undermining dynamism and growth.

  4. Why Might China Avoid Strong Inflation?
    zhang56_Zhang LingXinhua via Getty Images_li keqiang Zhang Ling/Xinhua via Getty Images

    Why Might China Avoid Strong Inflation?

    Aug 3, 2022 Zhang Jun worries that a new round of stimulus to bolster disappointing economic growth could drive up the price level.

  5. What Justifies China’s Zero-COVID Policy?
    zhang55_VCGVCG via Getty Images_shanghai lockdown VCG/VCG via Getty Images

    What Justifies China’s Zero-COVID Policy?

    May 18, 2022 Zhang Jun defends the goals and principles underpinning a strategy that has led to a six-week lockdown in Shanghai.

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  1. gaffney4_Leonardo MunozVIEWpress_tax Leonardo Munoz/VIEWpress
    1

    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
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    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
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    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
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    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
    3

    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
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    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
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    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
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    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
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    Crises of Uncertainty

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

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