Blogs&Reviews

  • Addressing global imbalances requires cooperation

    Maurice Obstfeld, 10 August 2018

    The IMF's 2018 External Sector Report assesses the current account balances for the 30 largest economies. In this post, Maurice Obstfeld outlines the key findings of the report.

  • Introducing a new Brexit policy panel

    Anand Menon, Jonathan Portes, 09 August 2018

    In this post, Anand Menon and Jonathan Portes summarise the results of the first in a monthly series of surveys in which a cross-disciplinary group of leading social scientists are asked their views on three key areas of uncertainty around Brexit: if — and when — the UK will leave the EU; how Brexit will affect British politics; and what our relationship with the EU is likely to look like in the future.

  • Our Gilded Age (India version)

    Diane Coyle, 08 August 2018

    Diane Coyle reviews James Crabtree’s "The Billionaire Raj", which offers a window on India’s super-wealthy and on on an extraordinary period of change in the country.

  • Red and Blue: One country or two?

    Helen Popper, 06 August 2018

    Republican and Democrat states, and their economies, differ. In this post, Helen Popper and David Parsley ask whether they are as different as economies from two distinct countries.

Other Recent Blogs&Reviews:

  • Simon Wren-Lewis, 03 July 2018

    Monetary policy generally focuses on stabilising the business cycle, but that stabilisation has no impact on the medium-term level of output and productivity. Rather than focusing on inflation, in this post Simon Wren-Lewis argues for a new monetary policy mandate emphasising output. Making clear that inflation is a medium-term concern will make it easier for central banks to see through temporary shocks to inflation.

  • Jon Danielsson, 03 July 2018

    Risk models are easy targets for criticism, given their poor accuracy. So what are they good for? In this post, Jon Danielsson discusses four categories of risk model and how they might be used in real-world applications. 

  • Nicolas Véron, 02 July 2018

    In August 2010, Andreas Georgiou, former President of the Hellenic Statistical Authority, was charged with having harmed Greece's national interests. In this post, Nicolas Veron argues that the relentless prosecutions against Georgiou are more than a matter of shameful harassment by Greece – his case also raises disturbing questions about the integrity of European statistical processes.

  • Simon Wren-Lewis, 29 June 2018

    Many businesses in the UK have finally decided to make their concerns over Brexit public. In this post, Simon Wren-Lewis argues that the prospect of a regulation-free post-Brexit UK has little appeal to businesses that trade because what these business want is harmonised regulations - which is essentially what the EU does. 

  • Gabriel Felbermayr, Jens Südekum, 28 June 2018

    Whether economists like it or not, the world has to deal with President Trump’s interpretation of the US's trade deficit. In this post, Gabriel Felbermayr and Jens Suedekum look at the numbers behind the deficit and assess the bargaining position of the EU if the trade conflict were to escalate.

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