
Macroeconomic policies
Rigorous and diligent analysis of monetary and fiscal policy as well as structural policies that contribute to economic policy post-pandemic.
Bruegel’s macroeconomic policy research looked at monetary policy, fiscal policy and structural policies that will contribute to economic policies in the post-pandemic era. On monetary policy, our scholars have observed how central banks in advanced economies are being confronted with multiple dilemmas as inflation rises, while the European Central Bank’s pandemic emergency purchase programme continued. On fiscal policy, the main question has been when and how to roll back the stimulus as unemployment levels reached record lows.
Bruegel scholars continue to evaluate the measures put in place during the COVID-19 crisis in EU countries. Our researchers also assess structural policies to be put in place after COVID-19. Even though the horizon remains uncertain, given the evolution of the pandemic, questions such as the future of productivity growth after COVID-19 are important factors for recovery after decades characterised by slow productivity growth in advanced countries.
Recently published and updated

Assessing the State of the Union 2023
In this episode, we look at the 2023 State of the Union address delivered by Ursula von der Leyen, President of the European Commission.

Divisia monetary aggregates for the euro area

Read with Bruegel: Central Banking before 1800: A Rehabilitation
A deep dive into the history of central banking over the four centuries before 1800.

La France est traditionnellement plus encline aux politiques économiques protectionnistes que l’Allemagne

An Economic Analysis of Debt‑for‑Climate Swaps
This paper examines the economic case for debt-for-climate swaps: partial debt relief in return for climate investment/policies by the debtor country

Debt dynamics: Exploring EU borrowing in changing times
As interest costs rise, the EU should review how they are accounted for in its budget and financial framework.
Upcoming events

Going for Growth: creating the conditions for a decisive transition
Launch of the OECD Going for Growth flagship publication

Managing Expectations: Inflation and Monetary Policy
Launch of one of the IMF World Economic Outlook analytical chapters