Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
The last decade has seen a continued accumulation of debt. Charles Goodhart, Tatjana Schulze and Dimitri Tsomocos argue that the fundamental issue of the effects of ‘low for longer’ on the resilience of our wider financial structure remain
Time inconsistency in recent monetary policy Read More »
Maarten Verwey and Björn Döhring consider the Commission’s Summer 2020 interim forecast, and argue that a rapid response at the EU level is needed to minimise hysteresis
Deeper recession, wider divergences Read More »
Tao Zhang considers the economic consequences of the COVID-19 pandemic, and says we need to work together to ensure a green and sustainable future
The global and Asia economic outlook Read More »
Luis de Guindos, Fabio Panetta and Isabel Schnabel outline priority areas for reform to foster European capital markets
Europe needs a fully-fledged CMU Read More »
Clemens Fuest and Jean Pisani-Ferry consider the EU budget, which has to be reassessed in light of the Next Generation EU programme
Financing the EU: new context, new responses Read More »
There is a looming global debt crisis. Joseph Stiglitz and Hamid Rashid propose an IMF-managed multilateral sovereign debt buyback would restore stability
How to prevent the looming sovereign debt crisis Read More »
Global stablecoins signal the need for change, but they can pose serious risks, says Fabio Panetta
The two sides of the (stable)coin Read More »
