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
25 November 2014
“Unanimous” is the new black
As it was largely anticipated, no new measures were announced Thursday at the ECB meeting. But sometimes words can be as important as facts.
Silvia Merler
Opinion piece
25 November 2014
Lessons from the Bank of Japan for the euro area
It was feared that after the consumption tax hike, the inflation expectations would be dampened too much and the Bank of Japan would miss its target.
Guntram B. Wolff
Opinion piece
02 November 2014
Pulling the eurozone back from the brink
In the coming months, the ECJ will assess the German Constitutional Court’s ruling that the European Central Bank’s “outright monetary trans
Ashoka Mody
Opinion piece
02 November 2014
Europe has wasted a good crisis
The folklore has been that European integration proceeds by “falling forward.” In a crisis, when Europe stumbles, it gets up to move forward. A setbac
Ashoka Mody
Opinion piece
31 October 2014
Held og lykke, Commissioner Vestager
Tomorrow, new European Commissioner Margrethe Vestager will take control of the Commission’s most powerful tool: the enforcement of European Union com
Mario Mariniello
Opinion piece
29 October 2014
Making Argentina's Debt Debacle a Rarity
The epic battle between Argentina and a group of U.S. hedge funds illustrates a fundamental flaw in the sovereign bond market: There's no orderly, wel
Ashoka Mody
Opinion piece
29 October 2014
Crowdfunding: Broadening Europe’s capital markets
The rising financing gap for SMEs as well as high growth firms is a serious concern for Europe battered by financial fragility. These firms, particula
Karen Wilson
Opinion piece
25 October 2014
The global economy’s Groundhog Day
Policymakers remain convinced that the economic-growth model that prevailed during the pre-crisis years is still their best guide, at least in the nea
Ashoka Mody
Opinion piece
24 October 2014
Europe's fiscal wormhole
The fulfillment of policy rules appears to be impossible without growth, but growth appears to be impossible without breaking the rules.
Guntram B. Wolff
Opinion piece
16 October 2014
China gingerly taking the capital account liberalisation path
Since China is the number one trading nation, the second largest economy and a large net creditor, the world has a huge stake in how China manages its
Guonan Ma
Opinion piece
15 October 2014
In defense of OMT ahead of Karlsruhe
Next week, the German constitutional court will debate and consider the legality of the European Stability Mechanism (ESM) and the ECB’s Outright Mone
Guntram B. Wolff
Opinion piece
15 October 2014
The German Court does Europe a favour
The German Constitutional Court has been widely criticized for questioning the legality of the European Central Bank’s OMT program. To supporters
Ashoka Mody
Opinion piece
14 October 2014
The IMF’s false confession
Lagarde's apology for the IMF’s poor forecasting of the United Kingdom’s recent economic performance - and, more seriously, for the Fund’s longer
Ashoka Mody
Opinion piece
10 October 2014
“It’s true, Italy breaks your heart.”
The brash, 39-year old, Matteo Renzi is Italy’s third unelected Prime Minister since November 2011. Mario Monti lasted 18 months, and his successor, E
Ashoka Mody
Opinion piece
10 October 2014
The Italian fault line
In its April 2014 World Economic Outlook, the International Monetary Fund has concluded that the crisis is history. The ECB has similarly declare
Ashoka Mody
Opinion piece
30 September 2014
Modi has promises to keep
The roar of Narendra Modi's sweeping election victory and its narrative of radical change set up high expectations. Soon, however, came the whimper.
Ashoka Mody