Martin Feldstein
George F. Baker Professor of Economics at Harvard University
Member of the Board, Belfer Center for Science and International Affairs
Contact:
Telephone: 617-868-3900
Email: mfeldstein@harvard.edu
Website: http://www.nber.org/feldstein
AP Photo
March 30, 2010
"The Euro Has Reason to Strengthen"
Op-Ed, The Korea Herald
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
"An American traveler in Paris or Berlin is continually struck by how high prices are relative to those in the United States. A hotel room, a simple lunch, or a man's shirt all cost more at today's exchange rate than they would in New York or Chicago. To bring the cost of those goods and services down to the level in the U.S. would require the euro to fall relative to the dollar by about 15 percent, to around $1.10," says Martin Feldstein.
February 16, 2006
"There's More to Growth than China . . ."
Magazine or Newspaper Article, Wall Street Journal
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
When President Bush visits India next month, he will see a country that is making remarkable economic progress despite enormous structural problems. That progress will, however, be far less visible than it is in China. In India he will not see the modern high-rises or the general level of prosperity that he has seen in urban China. But the progress in India is nevertheless real.
AP Images
January 17, 2013
"The Wrong Growth Strategy for Japan"
Op-Ed, Project Syndicate
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
Japan’s new government, led by Prime Minister Shinzo Abe, could be about to shoot itself in the foot. Seeking to boost economic growth, the authorities may soon destroy their one great advantage: the low rate of interest on government debt and private borrowing. If that happens, Japanese conditions will most likely be worse at the end of Abe’s term than they are today.
August 3, 2012
"China's Biggest Problems Are Political, Not Economic"
Op-Ed, Wall Street Journal
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
Although China has successfully confronted its recent short-term economic problems, large challenges remain. Some are economic. But the bigger challenges are political, both internally and with the rest of the world.
August 3, 2012
"China's Biggest Problems Are Political, Not Economic"
Op-Ed, Wall Street Journal
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
Although China has successfully confronted its recent short-term economic problems, large challenges remain. Some are economic. But the bigger challenges are political, both internally and with the rest of the world.
October 30, 2009
"Why the Renminbi has to Rise to Address Imbalances"
Op-Ed, Financial Times
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
"China's policy of keeping the renminbi weak means that the US dollar must decline more rapidly against the euro, yen and other currencies to achieve the same overall trade-weighted fall of the dollar," says Martin Feldstein, member of the Belfer Center's board of directors. "China's weak renminbi policy therefore not only prevents remedying China's large current account surplus but also reduces Europe's exports," he says.
AP Photo
April 4, 2009
"China’s Recovery and Global Growth"
Op-Ed, The Korea Herald
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
China is likely to be the first of the major economies to recover from the current global downturn. Its pace of expansion may not reach the double-digit rates of recent years, but China in 2010 will probably grow more rapidly than any country in Europe or in the western hemisphere.
AP Images
January 17, 2013
"The Wrong Growth Strategy for Japan"
Op-Ed, Project Syndicate
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
Japan’s new government, led by Prime Minister Shinzo Abe, could be about to shoot itself in the foot. Seeking to boost economic growth, the authorities may soon destroy their one great advantage: the low rate of interest on government debt and private borrowing. If that happens, Japanese conditions will most likely be worse at the end of Abe’s term than they are today.
(AP Photo)
October 1, 2010
"Japan's Savings Crisis"
Op-Ed, Daily News Egypt
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
George F. Baker Professor of Economics at Harvard University, Martin Feldstein, writes: The potential future clash between larger fiscal deficits and a low household saving rate could have powerful negative effects on both Japan and the global economy.
February 16, 2006
"There's More to Growth than China . . ."
Magazine or Newspaper Article, Wall Street Journal
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
When President Bush visits India next month, he will see a country that is making remarkable economic progress despite enormous structural problems. That progress will, however, be far less visible than it is in China. In India he will not see the modern high-rises or the general level of prosperity that he has seen in urban China. But the progress in India is nevertheless real.
