China’s emissions trading scheme is a welcome but to reach its full potential, it needs to cover more of China’s emissions, go beyond the electricity sector and let prices reflect the true cost of carbon.
How does climate change influence monetary policy in the eurozone? What potential monetary policy measures should be taken up to address climate risks?
This event will feature the presentation of “Monetary Policy in Times of Crisis – A Tale of Two Decades of the European Central Bank."
Why is China reviving this old mantra?
China’s domestic installation of coal-fired power plants continues at great pace.
Beijing shows signs of changing tactics ahead of the COP26 conference.
Proposal to set up a World Recovery Fund (WRF), aimed at addressing some of the key problems with the design of the DSSI and more generally the existing international financial architecture for dealing with debt problems in the developing world.
Perhaps an analysis of the causes of the declining investment rate would bring us closer to explaining why real interest rates are so low.
Under Xi Jinping's new economic agenda 'common prosperity', China is cracking down on indebted real estate developers like Evergrande.
Between 2007 and 2020, the balance sheets of the European Central Bank, the Bank of Japan, and the Fed have all increased about sevenfold. But inflation stayed low throughout the 2010s. This was possible due to decreasing money velocity and the money multiplier. However, a continuation of asset purchasing programs by central banks involves the risk of higher inflation and fiscal dominance.
Europe should defend its existing dominance in equipment manufacturing for semiconductors and invest in chip design instead of luring high-end fabrication to its shores.
The current convergence in measures to open up digital platforms leaves a door open to some form of international coordination.