Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
The US willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. Luis Garicano argues that Europe must respond to US tariffs with economic strength: faster productivity growth, cheaper energy, a genuine continental market, and tech leadership
Strategic autonomy for Europe requires economic growth Read More »
The US administration’s approach to financial markets mixes deregulatory policies with a range of other policies that are largely without precedent. Gary Gensler, Lev Menand and Joshua Younger catalogue the relevant policy shifts and consider how these shifts may impact financial stability, capital markets, and the global dollar system
The financial sector and global dollar system Read More »
The US economy has shown resilience in a context of sweeping changes in economic policy. Jerome Powell says inflation and the hiring slowdown are creating challenging conditions and that balance of risks is changing
Monetary policy and the Fed’s framework review Read More »
US trade deficits will have to be reduced to prevent a crisis down the road. Vijay Joshi and David Vines argue that fiscal consolidation, in association with a weaker dollar, appears to be the right way for the US to improve its trade balance
How Trump should have tackled the trade deficit Read More »
Money isn’t flowing to the most impactful circular solutions: we’re funding waste management over waste prevention. Ana Birliga Sutherland and Marvin Nusseck say if we’re serious about building a resilient circular economy, financial systems must rise to the challenge
From linear to circular: rising to the challenge Read More »
Ignacio García Bercero argues that the current turbulence being experienced by the world economy is also an opportunity for the EU to forge a coalition in support of rules-based trade and global trading system reform
How the EU should plan for global trade transformation Read More »
President Trump’s sweeping ‘reciprocal tariffs’ sent shockwaves through the global economy. Maarten Verwey and Kristian Orsini introduce the European Commission’s Spring 2025 Forecast, which depicts a resilient European economy
Moderate growth amid global trade uncertainty Read More »
We live in a world where big economic shocks can test the strength and resilience of the framework for monetary policy. Andrew Bailey discusses monetary policy in a world with big shocks, describing how scenario analysis can enrich monetary policy deliberations
Monetary policy in uncertain times Read More »
Mobility is important in the global knowledge economy. Linguère Mously Mbaye argues Africa can leverage mobility to enhance its innovation capacity and foster economic growth
Short-term labour mobility drives innovation in Africa Read More »
In the past most government spending was funded from import tariffs. Simon Evenett and Marc-Andreas Muendler discuss whether this practice could work today, paying attention to the displacement effect on revenues
Tariffs cannot fund the government: evidence from tariff Laffer curves Read More »
