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:

Creating zombies and disinflation: A cul de sac for accommodative monetary policy

Viral Acharya, 11 November 2019

Viral Acharya describes how ultra-accommodative monetary policy might have worked against its own objectives of restoring inflation and growth.
The October truce on US-China trade failed to address subsidies

Chad Bown, Jennifer Hillman, 04 November 2019

Chad Bown and Jennifer Hillman argue that reversing the Trump administration’s go-it-alone, tariffs-only strategy and adopting a new approach on subsidies is the only way to resolve the trade conflict with China.
Sense and nonsense in the public discussion of the future of work

Richard Baldwin, 01 November 2019

Richard Baldwin discusses how globalisation and automation are about to get personal for hundreds of millions of North Americans and Europeans who don’t work in factories
Why the CPTPP could be the answer to the US-China trade war

Peter Petri, Michael Plummer, 30 October 2019

China’s joining the CPTPP could ease tensions with the US, accelerate growth, diversify markets, and modernise the country. Peter Petri and Michael Plummer ask what’s not to like?
Randomistas rule

Thorsten Beck, 25 October 2019

Thorsten Beck offers his thoughts on randomised control trials