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A new kind of Belt and Road Initiative after the pandemic

The Belt and Road Initiative is turning from infrastructure financing into an instrument for Chinese soft and hard power

By: Alicia García-Herrero and Eyck Freymann Topic: Global economy and trade Date: June 23, 2022
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Blog Post

European governance

Discretion lets Croatia in but leaves Bulgaria out of the euro area in 2023

Crucial decisions about whether a country can join the euro area depend on questionable discretionary decisions.

By: Zsolt Darvas Topic: European governance, Macroeconomic policy Date: June 22, 2022
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Blog Post

A new European tool to deal with unjustified rising spreads

The European Central Bank needs a new tool to prevent the current rise in spreads, triggered by monetary policy tightening, from escalating into a new euro-area crisis.

By: Grégory Claeys and Maria Demertzis Topic: Banking and capital markets Date: June 20, 2022
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Opinion

European governance

Ukraine and what it means for European Union enlargement

The real issue for EU leaders when they discuss Ukraine’s application at a 23-24 June summit and beyond, is what kind of club the EU should be.

By: Maria Demertzis Topic: European governance, Global economy and trade Date: June 16, 2022
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A practical arrangement for cooperation between digital economy regulators

Overlapping rules in the digital economy require cooperation between national regulatory authorities; a practical arrangement based on case information, case allocation and case resolution would ensure consistency and effective enforcement.

By: Christophe Carugati Topic: Digital economy and innovation Date: June 13, 2022

3 hours ago

📉 JOB BURNOUT One way to improve policy models would be to measure worker outcomes (like burnout) as a check of wh… https://t.co/p5xvLbajJH

4 hours ago

☀️ GREEN TRANSITION REPowerEU emphasises the acceleration of green technologies, from solar to wind, and heat pump… https://t.co/baUQJioUbK

6 hours ago

🚜 FOOD CRISIS Food and fertiliser export restrictions are exacerbating the current food price crisis. The WTO and… https://t.co/gz4qgondel

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Blog Post

Food security: the role and limits of international rules on export restrictions

Food and fertiliser export restrictions are exacerbating the current food price crisis. The WTO and EU legal toolkits provide some safeguards but are insufficient. Unblocking Ukrainian ports and facilitating wheat exports through large-scale international coordination remains essential.

By: David Kleimann Topic: Global economy and trade Date: June 8, 2022
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Blog Post

European governance

Is the EU Chips Act the right approach?

Measures to safeguard semiconductor supplies proposed in the European Chips Act could prove to be wrongly focused, and could tip over into harmful protectionism.

By: Niclas Poitiers and Pauline Weil Topic: European governance, Global economy and trade Date: June 2, 2022
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Blog Post

Europe’s Russian oil embargo: significant but not yet

The ban on most Russian oil significantly scales up the EU response to aggression against Ukraine, but the bloc should stand ready for retaliatory actions.

By: Ben McWilliams, Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: June 1, 2022
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Opinion

European governance

Three headaches for the European Central Bank

Even though inflation in the euro area is lower than in the US, three issues make it a lot more difficult for the ECB to control inflation and preserve financial stability. Once again, the limits of EMU architecture are visible and will require a rethink.

By: Maria Demertzis Topic: European governance, Macroeconomic policy Date: May 31, 2022
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Opinion

Ukraine needs external financial assistance now

Planning Ukraine’s reconstruction tomorrow is important but meeting its financial needs today is more pressing and requires urgent action by the IMF and the international financial community.

By: Arancha González, Gabriel Felbermayr, Moritz Schularick, Shahin Vallée and Guntram B. Wolff Topic: Global economy and trade Date: May 30, 2022
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Opinion

Xi, Biden switching strategies for dominance

The US now sees Asia more through an economic lens, while China shifts toward a security focus

By: Alicia García-Herrero Topic: Global economy and trade Date: May 25, 2022
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Blog Post

REPowerEU: will EU countries really make it work?

By acting together, the European Union can optimise its response to the energy crisis in all scenarios but each country will have to make concessions.

By: Simone Tagliapietra Topic: Green economy Date: May 18, 2022
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