Peace and trade—a new perspective
The Ukraine crisis has shown not only that unlimited trade is impossible but also that it needs to be regulated by values.
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The challenge ahead: a safer and more dynamic Europe
In the latest in our ‘Europe2025’ series, Gustav Horn focuses on macroeconomic institutional reforms for financial stability and a programme of investment to engender vital public goods.
A Globalisation For People, Not Business
Economists were certain that free trade would be a major source of general welfare enhancement. Resistance against it has been widely seen as irrationality driven
How To Get Rid Of Germany’s Excessive Current Account Surplus
There’s no end to the criticism of the excessive German current account surplus. Quite rightly, people suggest that this imbalance has the potential either to
Brexit: What Next? Maybe No Exit At All…
It’s indeed rare but not unusual for voters to get rid of their political elites. Many western democracies now find themselves in a phase in
Bringing The IMF Into The Eurozone Crisis Was Political Bankruptcy
It was wrong from the start. Going on the incorrect assumption that the Eurozone crisis could only be overcome with the help of the crisis-proven
Investment-led Growth, Not More Cuts, Is The Only Way For Greece
The agreement reached in Brussels yesterday between EU governments and Greece came only with a huge loss of mutual trust. It remains to be seen