COVID-19 has caused a resurgence of the role of the state. State ownership can help reduce effects from shocks to the economy but state-owned firms often suffer from weak governance and lack of innovation. What role should state owned firms and banks play and how can their management be improved?
Political change in Belarus also requires deep economic reforms - what next for the country?
The debate on euro adoption by central European EU countries has intensified in the last years. In this Policy Contribution the author does not review all the complex aspects of euro-area enlargement, but analyse a particularly important issue: the build-up of macroeconomic vulnerabilities and the subsequent adjustments.