This blog was originally published on the MIT Technology Review. The last 15 years have been tough times for many Americans, but there are now encouraging signs of a turnaround. Productivity growth, a key driver for higher living standards, averaged only 1.3% since...
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The Value of Money, Controversial Economic Cultures in Europe: Italy and Germany
The full book is available at Villa Vigoni. Villa Vigoni Editore | Verlag has published the volume “The Value of Money. Controversial Economic Cultures in Europe: Italy and Germany”, edited by Christiane Liermann Traniello (General Secretary, Villa Vigoni), Thomas...
Climate change and lifestyle choices
This piece was originally published in the Money Review section of Kathimerini and El Economista. In the European Union, support for fighting climate change is very strong. Almost all (93%) of EU citizens see climate change as a serious problem according to a recent...
Inflation!? Germany, the euro area and the European Central Bank
Public inflation scare? An inflation scare has erupted – at least in some countries. Interest in the term ‘inflation’ as measured by Google searches has hit a high in the United States (Figure 1). In Europe, meanwhile, interest has been increasing in Germany and the...
What Are the Effects of the ECB’s Negative Interest Rate Policy?
The original paper is available on the European Parliament’s webpage, as part of a series of papers on “Low for Longer: Effects of Prolonged Negative Interest Rates”. Copyright remains with the European Parliament at all times. Several central banks, including the...
Challenges and growth of China’s private sector
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a new newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Upcoming: June edition of ZhōngHuá Mundus Sign up now to receive it...
Blending the physical and virtual: a hybrid model for the future of work
Executive summary With the roll-out of COVID-19 vaccines, countries are beginning to imagine a future in which workers’ and employers’ choices are not conditioned by the pandemic. The crisis hit everyone hard but also generated an opportunity. It has shown that...
Europe should not neglect its capital markets union
This Policy Contribution was produced with the financial support of the European Forum Alpbach The completion of Europe’s capital markets union is desirable not only from a financial stability standpoint. Equity-based financing is also better suited than banks to...
Quo vadis, Swiss-European Union relations?
Switzerland and the European Union have a close and unique relationship, but it is a relationship that hangs in the balance after the Swiss government decided on 26 May to abandon negotiations on a so-called institutional framework agreement (InstA) with the EU. What...
A transatlantic climate alliance
This piece was originally published in Project Syndicate. The stars may, at long last, be aligned for closer transatlantic cooperation on climate change. As US President Joe Biden heads to Europe, he should be preparing to make the most of this promising...
Is Bidenomics more than catch-up?
This piece was originally published on Project Syndicate. “Let us think big,” exhorted US Secretary of the Treasury Janet Yellen in May. “Let’s build something that lasts for generations.” Such is the transformative rhetoric behind President Joe Biden’s...
Inflation, inequality and immigration: Spelling the digital recovery with three “I”s
This article was originally published by the OECD Forum Network is part of a series in which OECD experts and thought leaders — from around the world and all parts of society — address the COVID-19 crisis, discussing and developing solutions now and for the future....