Beyond Gross Domestic Product
Paul Allin, Diane Coyle and Tim Jackson argue that changing how we measure progress is key to tackling a world in crisis
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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
A story of tailwinds and headwinds
Aggregate supply tailwinds are turning into headwinds, raising inflationary pressures and calling for a policy reset, argues Agustín Carstens
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Is the dismal science back?
Daniel Dăianu looks at the role of economics in society and says miracles are not possible, and economics cannot be seen as alchemy
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Monetary policy and the Great Volatility
The Great Moderation was a period of prosperity. Isabel Schnabel argues that it is up to central banks whether today’s challenges will lead to the Great Volatility
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Reforming British economic policy
Economic policy in Britain is at a crossroads. Patrick Minford argues that a change of leader creates an opportunity to reform policies which are set to create economic disaster
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EU economic resilience tested
The EU has revised growth forecasts down. Maarten Verwey, Laura Bardone and Kristian Orsini say the Russian invasion is exacerbating pre-existing headwinds to economic growth
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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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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
A lose-lose policy for global recovery Read More »