Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
The global economy is facing rifts comparable to the pressures that resulted in ‘economic nationalism, a collapse in global trade and the Great Depression of the 1920s, Christine Lagarde warns
Setbacks and strides forward: structural shifts and monetary policy in the twenties Read More »
Jerome Powell addresses the current economic situation and the path ahead for monetary policy, discussing economic events since the pandemic and exploring why inflation rose to levels not seen in a generation
Pandemic-related economic distortions are fading Read More »
Amr Saber Algarhi and Konstantinos Lagos describe how the Jackson Hole symposium, a meeting of bankers in a remote Wyoming valley, could have consequences for us all
The effectiveness of monetary policy Read More »
Policymakers’ responses to global events have laid bare the challenges and trade-offs inherent in addressing monetary policy and financial stability shocks. Andrew Bailey discusses what lessons can be learnt
Reflecting on recent challenging times Read More »
Industrial robots can have a transformative effect on employment and wages. Daisuke Adachi studies how the rise of robot capital has influenced wage polarisation across different occupations in the US
Industrial robots and wage polarisation Read More »
Patrick Minford argues that the Labour government’s obsession with absurd fiscal rules and muddles over monetary policy will skewer the new Labour government’s policy for UK growth
Out of the frying pan into the fire Read More »
UK bond yields are currently higher than the G7 average. Sushil Wadhwani argues that the UK government can reduce its debt interest bill by increasing the proportion of index-linked gilts being issued
How to cut the United Kingdom debt interest Read More »
There has been a recent growth deceleration in China. Lucio Vinhas de Souza considers the challenges facing China and argues the final answer will have truly historical results
Trapped! China and the ‘middle-income trap’ Read More »
Stringent climate policies are needed to reach temperature targets. Lucas Bretschger argues that theory-based scenarios are a powerful tool to induce efficient decarbonisation policies
Economic pathways: a new approach to climate policy Read More »
Carbon pricing initiatives have mushroomed in the last two decades. Daniel Santabárbara and Marta Suárez-Varela evaluate the impact of emissions trading and carbon tax on inflation
Carbon pricing and inflation volatility Read More »
