The role of IFCs in the changing world
Geographical barriers continue to tumble. Elise Donovan says IFCs will be crucial to uphold the pillars of international trade, investment, and business
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Talking about competitiveness in Europe: productivity not protection
The European Commission put EU competitiveness at the top of the agenda. Filippo di Mauro and Marco Matani argue that productivity, financial soundness, and quality orientation are the most important factors
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Retail central bank digital currency and the social costs of liquidity provision
Dirk Niepelt compares the current monetary architecture with systems that also feature a central bank digital currency
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The struggle to cut emissions from international aviation and shipping
Giovanni Sgaravatti writes that there are three possible policy pathways that could lead to improvement and systemic change in the aviation and maritime sectors
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Looking at the opportunities – on the way to a sustainable economy
Sabine Mauderer argues that reducing uncertainty about climate change will help us to embrace the opportunities of the green transition
Looking at the opportunities – on the way to a sustainable economy Read More »
Generative AI, productivity, the labour market, and choice behaviour
Lisa Cook discusses the benefits of generative AI, which can fuel economic growth, but also considers the potential disruptions
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Making sense of the European Commission’s fiscal governance reform plan
The European Commission has proposed fiscal governance reform. Lucio Pench offers proposals to enhance institutional self-commitment to implementation, with reputational consequences for non-implementation
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The European Union: answering the call of history
In her State of the Union address, Ursula von der Leyen outlines the main priorities and flagship initiatives for the year to come, building on the EU’s successes and achievements of the past
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In for a penny, in for a pound: the enforcement dilemma of EU fiscal rules
The EU’s Stability and Growth Pact has been struggling with enforcement since inception. Georg Kirchsteiger and Martin Larch consider the enforcement dilemma of EU fiscal rules
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Non-economic objectives, globalisation, and multilateral trade cooperation
Trade and investment policy is increasingly becoming politicised. Bernard Hoekman, Petros Mavroidis and Douglas Nelson present pragmatic suggestions to sustain multilateral trade cooperation
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