Climate and nature-related risks are significant financial risks. Frank Elderson argues that they therefore fall within the respective mandates of central banks and supervisors – to preserve price stability and ensure the safety and soundness of banks
Sustainable finance: from ‘eureka!’ to action Read More »
Concerns over government debt have been on the rise. Martin Larch provides a brief history of government debt in the EU and draws attention to some important issues that are normally kept in the background
High government debt in the EU or the end of ‘enjoy now, pay later’ Read More »
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 »
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 »
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 »
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 »
An unprecedented number of voters will go to the polls globally in 2024. Jeffrey Frankel discusses incumbent’s efforts to buoy the economy and the post-election economic situations
Elections and fiscal and monetary expansion Read More »
