Opinion pieces

At Party Congress, Xi doubles down on China’s direction

The two key objectives are targeted self-reliance and national security

Alicia García-Herrero

China’s real estate sector goes south

The demise of China’s real estate sector, pushed by developer defaults and mortgage boycotts, is a major risk for the Chinese economy.

Alicia García-Herrero

The critical importance of chips – and having a plan for them

The Chips Act is the first, and an imperfect, step towards a long-term strategy that still needs to be designed.

Maria Demertzis

The importance of being fiscally earnest

As interest rates increase over the course of the next few months, there are bound to be asset-price corrections & rethinking of investment decisions.

Maria Demertzis

China can learn from the bursting of Japan's real estate bubble

Beijing cannot count on economic growth or fiscal space to tide through crisis

Alicia García-Herrero

A cold winter

Reforming energy markets must aim to make them less vulnerable to crises such as today’s, even if such crises are rare.  

Maria Demertzis

China’s Economy Needs More Stimulus. Beijing’s Room for Maneuver Is Limited.

Alicia García-Herrero

The grand energy bargain Europe needs to defeat Putin

Ben McWilliams, Simone Tagliapietra and Georg Zachmann

EU climate agenda is not at odds with energy security

In the coming weeks and months, Europe must deploy all available options to counter Putin’s energy blackmail.

Simone Tagliapietra

Europe Needs a Grand Bargain on Energy

Why a “Go It Alone” Approach Will Leave Countries in the Cold This Winter

Ben McWilliams, Simone Tagliapietra and Georg Zachmann

Europe needs energy solidarity — not a North-South rift

The bloc must urgently implement a compensation scheme to prevent Putin from dividing member countries.

Simone Tagliapietra

An individual tax on fuel consumption is an effective, flexible and sustainable solution to combat inflation

Jean-Philippe Bouchaud and Miquel Oliu-Barton

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.

Maria Demertzis

Scorching summers are becoming the new normal. Can Europe prepare itself?

As global average temperatures continue to rise beyond the current 1.2°C above pre-industrial averages, Europe is likely to warm even faster.

Klaas Lenaerts, Guntram B. Wolff and Simone Tagliapietra

Ukraine and Taiwan on the Biden-Xi chessboard

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

Alicia García-Herrero

Is the European Union on course to become the big loser in the global tech race?

To sustain the innovativeness of its economy, Europe needs reforms.

Marek Dabrowski