Blogs&Reviews

  • Undoing the flight to quality: A multilateral countercyclical liquidity fund

    Eduardo Levy Yeyati, 06 August 2020

    Eduardo Levy Yeyati argues that a countercyclical liquidity fund could complete the financial architecture not only by providing much needed lending of last resort during systemic crises, but also as a way to attract less unstable private capital to emerging economies.

  • Landmark court decision limits presidential trade restrictions

    Steve Charnovitz, Gary Hufbauer, 28 July 2020

    The U.S. Court of International Trade’s landmark decision voiding President Trump's tariffs on steel from Turkey opens the door to future challenges of US trade actions based on equal protection grounds

  • A Hamiltonian glimpse in Europe

    Thorsten Beck, 27 July 2020

    Thorsten Beck believes that while the compromise reached on the European recovery support will not be enough to overcome the COVID-19 challenges in the EU, it is an important first step.

  • USTR Lighthizer and US trade policy: Right goals, wrong strategy

    Joshua P. Meltzer, 26 June 2020

    Joshua Meltzer argues that the Trump administration has failed to provide a coherent vision for maintaining and expanding US competitiveness in the 21st century, including through its trade policy.

Other Recent Blogs&Reviews:

  • Is the EU ready to truly apply the subsidiarity principle?
    Roel Beetsma, George Kopits, 15 June 2020

    Roel Beetsma and George Kopits argue there is a strong legal and economic case for a timely application of the subsidiarity principle in establishing a permanent EU-wide countercyclical facility.

  • Will COVID-19 be followed by inflation? An inter-generational transfer perspective
    Lubos Pastor, 12 June 2020

    Lubos Pastor suggests that the easiest way for central banks to deal with COVID-spawned debt may be tolerate above-average inflation.

  • The independence of the central bank at risk
    Peter Bofinger, Martin Hellwig, Michael Hüther, Monika Schnitzer, Moritz Schularick, Guntram Wolff, 08 June 2020

    The authors of this blog are concerned that the recent judgement of the German Federal Constitutional Court on the ECB's monetary policy undermines the constitutional basis of the independence of the central bank and its price stability mandate.  

  • Enlightened liberalism: A reckoning
    Diane Coyle, 04 June 2020

    Diane Coyle suggests that "The Light that Failed: A Reckoning" by Ivan Krastev and Stephen Holmes offers a good diagnosis of how modern democratic liberalism has come to an end since 1989.

  • COVID-19 and the future of world trade
    Alan Wm. Wolff, 01 June 2020

    WTO Deputy Director-General Alan Wolff argues that this is the time to consider the future of the multilateral trading system

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