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貨幣爭霸 花落誰家 (The race is on for the new world currency)
近年來,數碼貨幣在世界各地日常經濟活動中已擔當不可或缺的角色,例如中國內地的支付系統,就以微信和支付寶居主導地位,數以億計的消費者已習慣以電子錢包取代現金。臉書正籌備發行新加密幣Libra,標榜為與一籃子官方貨幣掛鈎的「穩定幣」(stablecoin)。在非洲,肯尼亞電訊公司Safaricom亦已推出手機支付程式M-Pesa。

湾区争雄重育才 融汇中西港占优
去年夏天笔者刚从洛杉矶移居到香港这座阔别多年的城市,就接到所属经管学院通知,因学生报名人数突然几近翻倍,需多教一门应用计量经济学的硕士课程。2019冠状病毒病疫情下,香港特区的大学还能增产扩容,实属难得。
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Reverse Currency Wars and Exchange Rate Coordination
美元相對於其他貨幣迅速升值是當前全球經濟的焦點。上星期英國的「迷你財政預算」(mini budget)導致英鎊大幅貶值和波動,更增加了市場對主要貨幣滙率的關注。隨着聯儲局在3月開始加息周期及美元走強,早已有論者提及「反向貨幣戰爭」(reverse currency war)的來臨。
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Remarkable Mechanism Design in Auction
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Relaxed Quarantine Policy: A Light in the Pandemic Tunnel
近日香港新冠疫情回穩,特區政府於9月26日開始放寬入境檢疫安排,把實施一個多月以來的「3+4」門檻下調至「0+3」,亦即抵港人士毋須接受強制檢疫,只須進行3天醫學監察。顯而易見,此舉旨在掌控疫情、保障市民健康的大前提之下,盡量擴大香港連接國際的空間,讓經濟有序地重拾正軌,社會得以脫離困境。
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