Commentary
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Recent commentary
Xi’s visit underlines the hard choices the European Union faces on China
The EU cannot separate policy on China from its goals of containing Russia and ensuring economic security
The dual objective of China's competition quest: mitigating structural deceleration and great power rivalry
Should Europe put extra tariffs on Chinese electric vehicles?
The push-pull between geopolitics and domestic resistance: lessons from the 2004 enlargement of the EU
Geopolitics is now a chief concern of political leaders in both the EU and candidate countries, giving them strong reasons to integrate more closely
What about the EU’s cohesion?
Commentary items
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Opinion piece
07 April 2015
Pessimistic views of China’s economy are unconvincing
In late 2001, I first used the phrase BRIC to discuss the likely rise of Brazil, Russia, India and China as growing shares of the world economy and ou
Jim O‘Neill
Opinion piece
31 March 2015
European banking supervisor should limit banks’ exposure to all eurozone governments, not just Greece
The Single Supervisory Mechanism's decision to impose limits on Greek banks’ holdings of government debt has been criticised for putting und
Guntram B. Wolff
Opinion piece
18 March 2015
European Monetary Union
Guntram Wollf answers the 11 questions submitted by the Commission president to the member states.
Opinion piece
16 March 2015
Making space for China
Jim O‘Neill
Opinion piece
03 March 2015
A new start for Greece
Greece's new government under prime minister Alexis Tsipras – in power for not even two weeks – has had a rollercoaster ride. In the face of crisis, i
Guntram B. Wolff
Opinion piece
11 February 2015
Obama joins the Greek chorus
US President Barack Obama’s recent call to ease the austerity imposed on Greece is remarkable – and not only for his endorsement of the newly elected
Ashoka Mody
Opinion piece
11 February 2015
Two cheers for the new normal
The conventional wisdom about the state of the world economy goes something like this: Since the start of the 2007-2008 financial crisis, the develope
Jim O‘Neill
Opinion piece
02 February 2015
Greece and the euro area need a deal within days, not months
International press informs us that the Greek government believes it has weeks or perhaps months to negotiate a new deal with its creditors. The basic
Guntram B. Wolff
Opinion piece
26 January 2015
Retaking the Greek Test
For about five years now, Greece has been giving the euro area authorities a test in economics and politics. The test must be retaken until the author
Ashoka Mody
Opinion piece
19 January 2015
Die EZB ist verpflichtet, ihr Mandat zu erfüllen
Die Sorgen über die Auswirkungen und die Effektivität des Programms sind groß. Die EZB muss vorsichtig die Kosten und Risiken – vor allem die Umvertei
Guntram B. Wolff and Marcel Fratzscher
Opinion piece
14 January 2015
Sovereign QE and national central banks
Inflation continues to fall. The first outright deflation numbers since 2009 have been recorded and inflation expectations are clearly dis-anchored. I
Guntram B. Wolff
Opinion piece
23 December 2014
Kohl’s Euro
The great challenge today is to undo the legacy of Kohl’s rhetoric. Breaking up the euro is too costly. Thus the task is to weaken the ties that bind
Ashoka Mody
Opinion piece
23 December 2014
Greece to the Eurozone’s Rescue
With Greece, the mistakes were legion. But a fresh start is now possible. Forgive the troika’s Greek debt. With a primary surplus—fiscal revenues abov
Ashoka Mody
Opinion piece
17 December 2014
Has a stronger renminbi contributed to financial tightening?
The People’s Bank of China (PBC), the Chinese central bank, finally cut its benchmark interest rates on 21 November, after easing its policy in a shad
Guonan Ma
Opinion piece
04 December 2014
Emerging markets mock the pessimists
Remember this time last year, when it was fashionable to predict that 2014 would be a pretty bad year for emerging markets? Didn't really happen
Jim O‘Neill
Opinion piece
25 November 2014
France and Germany: a moment of truth
France and Germany, which together account for half of euro-area GDP, are rightly considered the key to the euro area’s exit from the current impasse
Agnès Bénassy-Quéré and Guntram B. Wolff