Inflation in the strongest recovery since 1945
Governments should ignore siren warnings that only hyperinflation can come from pandemic-induced investments.
Economy
Analysis and debate on the European economy: growth and investment, fiscal and monetary policy, trade, industry and inequality.
Robots, jobs and the future of work
Enrique Fernández-Macías, David Klenert and José-Ignacio Antón
Apocalyptic visions of robots stealing workers’ jobs are not only misguided but have diverted attention from more significant trends.
From California capitalism to Bidenomics
Laura Tyson and Lenny Mendonca
The Biden administration’s ambitious spending and investment programmes have already proven highly successful in the country’s most dynamic state.
Migration and innovation
Oliver Koppel and Enno Kohlisch
The bad news for Germany’s sophisticated economy is innovation by indigenous Germans is declining. The good news is migrants are more than compensating.
It’s time to rewrite the macroeconomic rulebook for the euro area
Peter Bofinger contends that the economic impact of the pandemic has rendered obsolete the old eurozone fiscal rules.
Tourism in Europe: a new model
Malin Ackholt, Kerstin Howald and Pilar Rato
Rebuilding tourism is a priority but the sector must become more sustainable and resilient, with workers and quality jobs at the heart of recovery.
The marginalisation of Africa
Branko Milanovic argues African countries are not powerless to influence the global economic debates that marginalise them.
Can Europe roll back the normalisation of precarious work for young people?
After the financial crash, the pandemic has rendered the labour market for young people across Europe even more precarious than before.
The debt hawks are flapping their wings
Post-pandemic Europe, Adam Tooze writes, can’t entertain a return to pre-crisis fiscal rules.
Insecure in work, vulnerable to infection
Research by the British TUC has highlighted how the many insecure workers in the UK have been exposed to disproportionate Covid-19 risk.
Pay your taxes where your profit is
The long-simmering demand that multinationals provide country-by-country reporting of their tax payments is coming to a dénouement.
Why we need gender-responsive central banking
The pandemic has deepened gender disparities. Central banks must recognise they have a role to play in reversing these trends.
Public procurement: ending the race to the bottom on workers’ conditions
On International Workers’ Memorial Day, it’s worth remembering that when workers don’t have a say they may lose more than their voice.
Good news for gender equality as we exit the Covid-19 crisis?
The pandemic has had differential impacts on women. Raised consciousness about them must be applied to advance gender equality in recovery measures.
‘Old’ rules and protections for the ‘new’ world of work
A ‘rebuttable presumption of employment’ is emerging as a response to platforms denying their workers employee status.
Does it make sense to question the morality of capitalism?
Keynes warned that ‘practical men’ were often in thrall to some dead economist. In fact many leading economists have agreed on the idea of guaranteed work.