Expected increases in interest rates and reductions in real GDP growth rates will result in relatively small increases in public debt-to-GDP ratios, but inflation will reduce debt ratios very substantially
How can the public sector meet the climate funding needs of the EU?
Testimony before the U.S.-China Economic and Security Review Commission.
China's Belt and Road Initiative is undergoing a transformation after two years of pandemic. How is it changing and what are the consequences for Europe.
What needs to be done to address the Sri Lankan crisis and how does it relate to China?
The Belt and Road Initiative is turning from infrastructure financing into an instrument for Chinese soft and hard power
The ECB should design a specific tool that will accompany interest rate hikes to neutralise the risk of fragmentation directly for countries facing it, staying within the bounds of the EU treaties and ensuring political legitimacy. We also advocate structural changes to the ECB’s collateral framework to avoid unnecessary uncertainty surrounding the safe asset status of European sovereign bonds.
The mystery of China-Russia economic relations in the aftermath of Russia’s invasion of Ukraine and what it means for Europe.
Even though inflation in the euro area is lower than in the US, three issues make it a lot more difficult for the ECB to control inflation and preserve financial stability. Once again, the limits of EMU architecture are visible and will require a rethink.
What are the implications of prolonged inflation?
The US now sees Asia more through an economic lens, while China shifts toward a security focus
A look into the Chinese private sector.