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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MACROECONOMICS
Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
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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Cryptoassets need regulation
Cryptoassets and blockchain technology hold great promise. Daniel Dăianu believes that updating the current regulatory framework is a must for governments and central banks
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Free trade benefits of Brexit
Many economists have claimed that Brexit would damage the UK economy. Patrick Minford argues that Brexit benefits to the UK have been widely underestimated
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Monetary policy in the euro area
Christine Lagarde says the ECB will not let this phase of high inflation feed into economic behaviour and create a lasting inflation problem
Monetary policy in the euro area Read More »