Blogs&Reviews

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

Roel Beetsma and George Koptis 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.

Other Recent Blogs&Reviews:

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
Why global value chains remain essential for COVID-19 supplies

Penny Bamber, Karina Fernandez-Stark, Daria Taglioni, 27 May 2020

Penny Bamber, Karina Fernandez-Stark and Daria Taglioni show how the fragmentation of production and the new manufacturing bases in developing countries over the past 20 years have increased—not diminished—the ability of countries to respond to the unexpected sudden spikes in demand experienced during the coronavirus crisis.
The US need an honest debate about trade policy, focusing on the WTO is a distraction

Joshua P. Meltzer, 20 May 2020

As the US heads into recession, Joshua Meltzer argues that what US trade policy should be and how the country can lead again on trade is a debate we need to have.
Covid and economics publishing

John Cochrane, 16 May 2020

John Coltrane hopes the model of scientific publications inspires economics journal editors to action.