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Recent commentary
台灣大選的關鍵因素不在經濟，而在兩岸議題
雖然經濟因素在選舉中常是關鍵角色，但在2024台灣大選發揮的作用，並不如想像中的大。無可迴避的關鍵問題，仍在兩岸關係。
香港2024經濟前景：曲折和挑戰重重
2023年香港經濟經歷了周期性回升，但新冠疫情帶來的經濟創傷和外部環境帶來的阻力將繼續挑戰2024年的經濟前景。
中國經濟面臨結構性放緩，亞洲其他經濟體韌性較強
亞洲新興經濟體的崛起將有助於緩和中國的結構性放緩。
中國資本流動情況及影響一覽
中國的淨資本流動和外匯結算表明人民幣將繼續走弱。
中國結構性放緩背後的深層原因有哪些？
中國經濟的快速放緩是結構性因素導致的，不能完全用疫情衝擊來解釋。這是中國的發展模式所帶來的固有問題，因此能夠緩解這種結構性減速的政策極難實施。
Commentary items
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Opinion piece
28 May 2018
La PAC n’est pas taboue
Dans cette chronique, l'auteur estime qu’une renationalisation graduelle de certaines politiques pourrait utilement contribuer à la nécessaire redéfin
Jean Pisani-Ferry
Opinion piece
25 May 2018
Make euro-area sovereign bonds safe again
In their recent Policy Insight, the team of French and German authors suggest introducing sovereign bond-backed securities to play the role of safe as
Grégory Claeys
Opinion piece
22 May 2018
Fiscal rules and the role of the Commission
The proposals on fiscal frameworks and rules in the recent CEPR Policy Insight on euro-area reform showcase the multiple dimensions of the fundamental
Thomas Wieser
Opinion piece
14 May 2018
What does Europe care about? Watch where it spends
The European Union says it wants to focus on new priorities. First it will have to cut spending in sectors that have long enjoyed support.
Guntram B. Wolff
Opinion piece
09 May 2018
China’s financial opening: Will it be different this time?
It is hard to judge whether China will indeed carry out a substantial opening of its financial sector, despite the significant external pressure it fa
Alicia García-Herrero and Gary Ng
Opinion piece
02 May 2018
A new strategy to clean up European cars, and the air we breathe
Transport is the only sector in which Europe's CO2 emissions are now higher than in 1990 and is becoming a key obstacle to the EU meeting its decarbon
Simone Tagliapietra
Opinion piece
30 April 2018
The upheaval Italy needs
While Italy remains without a new government, it would be foolish to believe that a country where anti-system parties won 55% of the popular vote will
Jean Pisani-Ferry
Opinion piece
30 April 2018
Germany’s export-oriented economic model is caught in a US-Chinese squeeze
The new Merkel government has to reduce the dependencies on exports by stimulating domestic growth forces in Germany and Europe. At the same time, Ber
Guntram B. Wolff and Sebastian Heilmann
Opinion piece
24 April 2018
Why this round of U.S. protectionism is different
Although it is not the first time that the world has been caught in the China-U.S. crossfire, this round of U.S. protectionist moves against China is
Alicia García-Herrero and Jianwei Xu
Opinion piece
19 April 2018
Building a stable european deposit insurance scheme
Deposit insurance, like any insurance scheme, raises moral hazard concerns.
Dirk Schoenmaker
Opinion piece
10 April 2018
US Tariffs Aim to Contain China’s Technological Rise
While tension increases with each of the imports listed under the new tariffs, it now seems clear that the US are trying to slow down China's technolo
Alicia García-Herrero
Opinion piece
10 April 2018
What Are the Targets in the US–China Trade War?
Following the US announcement of new, high tariffs on imports, China is answering the Trump administration by applying its own series of tariffs. In t
Alicia García-Herrero
Opinion piece
05 April 2018
How Should the EU Position Itself in a Global Trade War?
It is high time for the EU to work on more than just wishful thinking in response to the US challenge to global trade. With the first cracks appearing
Guntram B. Wolff
Opinion piece
04 April 2018
The Lesser Evil for the Eurozone
For three decades, the consensus within the European Commission and the European Central Bank on the need for market reforms and sound public finances
Jean Pisani-Ferry
Opinion piece
26 March 2018
Greece must capitalise on its growth momentum
Better-than-expected growth performance reflects the underlying positive changes in the Greek economy – but net investment is in fact negative, while
Zsolt Darvas
Opinion piece
26 March 2018
Will U.S. tax reform lure U.S. companies away from China?
What will be the results of the changes to the U.S. tax system in China? Will the new U.S. corporate tax rate cause Chinese firms to shift their opera
Alicia García-Herrero