Global governance

Reflections on COP27

A special episode of the Sound of Economics Live where we explore the key takeaways from COP27.

To cap or not to cap: the deal Europe needs on energy prices

An EU gas price cap would be counterproductive, but the reasons why it is supported widely must be acknowledged and addressed.

Is globalisation really doomed?

Globalisation is under attack; to preserve its benefits, healthy domestic social contracts are essential.

A multinational Delphi consensus to end the COVID-19 public health threat

Euro area monetary asset demand and Divisia aggregates

Euro-dollar parity: beyond symbolism

Lack of certainty that the euro will stay prevents it from a greater international role. Until addressed, the dollar will continue to be hegemon.

A possible G7 price cap on Russian oil: issues at stake

A price cap on Russian oil might improve the current western sanctions regime, but effectiveness will depend on the west’s willingness

Ukraine and Taiwan on the Biden-Xi chessboard

Overall, Biden and Xi seem to be converging on their strategies for global dominance

Is the post-war trading system ending?

This policy contribution assesses how the trading system has changed over the last five years

Timely measurement of real effective exchange rates

This paper contributes to the measurement of monthly consumer price index-based real effective exchange rates with two main novelties.

L’Union européenne et les États-Unis, un an après

Après une année troublée par Kaboul et AUKUS, qu'avons-nous retenu de l'an I de la présidence Biden ? Maria Demertzis revient sur les évènements marqu

The Global Gateway: a real step towards a stronger Europe in the world?

Disappointment at the lack of fresh cash from European Union global connectivity strategy is short-sighted: Europe supports global development more th

A new consensus for economic resilience

Is there a need for systemic reform of global economic governance?