In the midst of the heated monetary policy debate, the People’s Bank of China (PBC) since mid-2014 has no doubt started loosening its monetary policy, initially tentatively and later more forcefully. Is such a policy shift warranted and desirable?
28th April 2015
24th April 2015
This Policy Contribution presents facts about EU capital markets, issues that should be taken into account in the development of CMU policy, corresponding policy options over the medium to long term and suggestions for policy implementation and sequencing.
1st April 2015
This Policy Contribution evaluates social indicators that can have a bearing on poverty, looks at the fiscal consolidation strategies of EU member states and assesses the possible links between fiscal consolidation and social developments.
26th March 2015
This Policy Contribution draws lessons for the euro-area based on the theoretical literature and developments in the United States, United Kingdom and Japan, where very expansionary monetary policies were adopted during the past six years.
24th March 2015
The euro area’s political contract requires member nations to rely principally on their own resources when confronted with severe economic distress. Since monetary policy is the same for all, national fiscal austerity is the default response to counter national fiscal stress.
Posted within Bruegel News 7th May 2014
Bruegel has been rated as one of the most transparent think tanks worldwide and in Europe, achieving five stars for its detailed disclosure of funding.