The most popular and thought-provoking posts on Finance21
In the digital age, payments and finance need a trusted monetary anchor. Piero Cipollone explains how the digital euro, tokenisation and central banks can modernise public money and strengthen Europe’s financial system
Money in the digital age: digital euro, tokenisation and the role of central banks Read More »
In the State of the Union address, Ursula von der Leyen shared the key priorities and flagship projects for the year to come, building on the progress the EU has made in recent years and setting out the priorities for the year ahead and her vision for a stronger, more independent and resilient European Union
Securing European prosperity Read More »
AI is the project that could drive European capital markets forward to channel savings where they are needed, says Christine Lagarde. It needs capital on a scale that only markets can provide, and the stakes for Europe could hardly be higher
A new age of capital: growth, sovereignty and AI Read More »
Yash Kalash argues that the AI infrastructure boom is creating financial transmission mechanisms reminiscent of past crises—not because AI will fail, but because its financing may not endure long enough to repay the infrastructure built around it
Data centres are laying the next financial mine Read More »
As the Bank of England nears 30 years of operational independence, a broad review is likely. Sushil Wadhwani proposes five measures to reduce future quantitative-easing losses and, as markets still doubt the Bank will meet its inflation target two years after the Bernanke Review, steps to strengthen credibility
Some questions that a Bank of England review should ask Read More »
Will AI suddenly transform the economy and upend our lives? Or is the prospect more mundane? Patrick Minford considers the effects of earlier systemic innovations and believes AI is unlikely to be different from other technology revolutions
Artificial Intelligence takeover or slow grind? Read More »
The EU’s implementation of global anti-tax avoidance rules and the global minimum tax is widely regarded as a success. Madalena Barata da Rocha, Roel Dom, Pascal Saint-Amans and Bo Sangers consider the trilemma between tax sovereignty, revenue protection and investment neutrality that has emerged
Europe’s corporate tax trilemma Read More »
The ECB wants central bank money to serve as the monetary anchor for tokenised markets. Piero Cipollone calls for common standards, central bank money and coordinated regulation to prevent blockchain-based finance from becoming a collection of disconnected platforms
From vision to delivery: building Europe’s tokenised financial market Read More »
Predictions of the effects of AI on the economy and society tend to focus on productivity growth, job losses, and shifts in the distribution of income. Karen Dynan, Douglas Elmendorf and Louise Sheiner examine various potential scenarios for the macroeconomic effects of AI on US fiscal policy
How the rise of AI matters for fiscal policy Read More »
The Paris Agreement provides a framework for international carbon trading. Georg Zachmann and Annabelle Weisser discuss the many questions that will arise, and argue that international carbon credits can support the EU’s 2040 target if buyers’ club rules and leverage ensure real mitigation gains abroad
International carbon trading: a strategic lever to boost global decarbonisation Read More »
