Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
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 »
The EU recently settled on a revision of its fiscal rules. Martin Larch and Matthias Busse argue that a careful assessment of the uncertainty surrounding population projections is necessary
Europe’s demographic winter and the new EU fiscal rules Read More »
Central banks have engaged in large-scale asset purchase programmes, significantly increasing the size of their balance sheets. Stephen Cecchetti and Jens Hilscher consider the implications
Fiscal consequences of central bank losses Read More »
In their fight against inflation, central banks have raised interest rates. Paul De Grauwe and Yuemei Ji examine the new operating procedures of the Bank of England and the subsidies to the banking sector
The new operating procedures of the Bank of England: a bonanza for the banks Read More »
The effects of economic fracturing are intertwined with broader, longer-term shifts in trade, investment and GVCs. Bruno Casella, Richard Bolwijn and Francesco Casalena highlight ten FDI trends and their development implications
Global economic fracturing and shifting investment patterns Read More »
The EU has enacted new rules that overhaul the Stability and Growth Pact. Lucio Pench considers the issues that need to be addressed to ensure the new fiscal rules succeed
Three risks that must be addressed for new EU fiscal rules to succeed Read More »
