Blogs&Reviews

  • Crashed

    Diane Coyle, 25 September 2018

    Diane Coyle reviews Adam Tooze's "Crashed: How a Decade of Financial Crises Changed the World", a detailed account of the political forces that enabled a few dozen banks to entwine the world’s economies in an interlinked web of credit at massive scale, and the political reactions to and consequences of the crisis.

  • The ten years since the Global Crisis erupted have seen lots of progress in regulatory reforms. In this post, Thorsten Beck argues that what is missing is a more fundamental rethink, at least among policymakers, of the role of the financial sector, especially in high-income countries.

  • Machine learning represents a radical change in the way computers “think”.  In this post, RIchard Baldwin discusses how machine translation – machine learning applied to language – will change the way the modern world works.

  • How to predict a crisis

    Simon Wren-Lewis, 17 September 2018

    On 16 September 1992, the UK government had to withdraw the pound sterling from the European Exchange Rate Mechanism. In this post, Simon Wren-Lewis asks if can we draw any parallels between Black Wednesday and the Global Crisis, or more generally whether there is anything that links disasters of this kind.

Other Recent Blogs&Reviews:

  • Chad Bown, Euijin Jung, Zhiyao (Lucy) Lu, 19 June 2018

    On 15 June, the Trump administration produced the list of specific Chinese products on which it soon plans to impose tariffs. In this post, Chad Bown, Euijin Jung and Zhiyao Lu examine this list and China's proposed retaliation, and argue that even companies that are not suffering yet from China’s mistreatment will soon be hurting because of tariff-induced higher costs.

  • Jonathan Portes, 19 June 2018

    A 2018 Equality and Human Rights Commission report predicts a dramatic rise in child poverty. Jonathan Portes, a co-authorof the report, challenges Christopher Snowdon, a scepticof such gloomy predictions, to a bet to see who is right.

  • Michele Ruta, 18 June 2018

    China’s Belt and Road Initiative is an ambitious effort to improve connectivity on a trans-continental scale through infrastructure investment and regional cooperation. The initiative has the potential to accelerate the rate of economic integration and development, as trade costs decline. But, like any large undertaking, there are significant policy and economic challenges. In this post, Michele Ruta describes key opportunities and risks of the initiative. 

  • Diane Coyle, 18 June 2018

    Diane Coyle reviews Daniel Cohen’s "The Infinite Desire for Growth", which provides a concise, bird’s-eye view of the many issues that are being debated on economic growth, from the dawn of civilisation to the present and future.

  • Paul De Grauwe, 16 June 2018

    Russia's weight in global geopolitics is much greater than may be implied by its GDP or military spending. Exploring why that may be so, Paul De Grauwe looks at Russia’s nuclear arsenal and its role as a supplier of raw materials, including oil and gas, and argues that Russia is strong because Europe grants it that power.

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