Fiscal support and monetary vigilance
Olivier Blanchard and Jean Pisani-Ferry consider the economic policy implications of the Russia-Ukraine war for the European Union
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MACROECONOMICS
Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
How the UK can avoid a doom loop
Patrick Minford argues that British economic strategy post-COVID should prioritise growth and overrule conventional Treasury thinking
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Recollections on financial stability
Jon Cunliffe reflects on the key lessons he has learnt about financial stability and highlights longer-term issues such as climate change and crypto
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A lose-lose policy for global recovery
Joseph Stiglitz and Kevin Gallagher argue that the IMF surcharges worsen potential outcomes for both the borrowing country and its investors
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The hard yards recovering from COVID
Andrew Bailey looks at the varying forces currently acting on the British economy and what they mean for monetary policy
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CBDC in an historical perspective
Monetary transformations through history have been driven by changing technology. Michael Bordo argues that technological change is inevitable
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What to do if the inflation increase is persistent
Charles Goodhart and Manoj Pradham consider the risks if inflation stays high, and call on central banks to develop plans to deal with persistent inflation
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Monetary arithmetic and inflation risk
Marek Dabrowski believes a continuation of asset purchasing involves the risk of higher inflation
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Public finances in the European Union
COVID-19 has led to EU governments borrowing at unprecedented levels. Mehmet Burak Turgut discusses the effects of the pandemic as well as relevant policy priorities
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COVID-19 lessons from Nigeria
The pandemic has had severe impacts on Nigeria. Mma Amara Ekeruche and Adedeji Adeniran discuss what can be learnt by other developing economies
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