Parliamentary Testimony
This paper was produced for the Italian Parliament and Ministry of Foreign Affairs.
The content of this paper is summarised in the blog post “A vade mecum for Italy’s G7 presidency”. Click here to read it.
External Publication
A discussion of Italian and German macro-economic cultures and performances.
Past Event
A discussion of Italian and German macro-economic cultures and performances.
Past Event
In this workshop, invited guests will discuss priorities and proposals for the Italian G20 Presidency for a green local infrastructure agenda.
Opinion
The spine of the letter represents the fall in activity at the start of the pandemic. Then there is a split, which leads to the two ‘arms’ that capture the different directions taken by economic activity in different sectors.
Blog Post
The G20 Debt Service Suspension Initiative, although a partial success, has been dogged by competing interests and lack of coordination. A further push is needed to solve the coordination problem.
Working Paper
This paper assesses COVID-19 credit-support programmes in five of the largest European economies, and examines how countries have dealt with trade-offs raised by the programmes.
Past Event
Stakeholders from government, private sector, media and academia/institutions come together to review India-EU relations and point to a promising direction for the future.
Blog Post
European Central Bank intervention provides a buffer against the uncertainty faced by European Union economies in the face of COVID-19. For the time being, this intervention has alleviated concern about Italy's debt, but without it Italy is vulnerable to a debt crisis.
External Publication
Diversification is important because it is associated with economic growth and reduced volatility.
Blog Post
When G20 finance heads meet on 18 July, Europe will again need to lead on the group’s flagship COVID-19 initiative to postpone low-income countries’ debt service payments. For the first time, China has agreed to participate as an official creditor alongside members of the Paris Club. However, continuing lack of clarity on which Chinese creditors will participate, coupled with resistance from private sector creditors to voluntary participation, suggest that actual relief will be much less than originally planned.
Podcast
COVID-19 is by far the biggest challenge policymakers in emerging economies have had to deal with in recent history.
Opinion
Yesterday’s G7 video-conference ended in silence. It wasn’t even possible for the group to issue a joint statement after the US administration's push to enter into a blame game over the Covid-19 label. However, let’s not give up. There is one more chance today for global coordination: the G20 emergency video-conference hosted by Saudi Arabia. This is the opportunity for the G20 to stand out and overshadow the G7 and for the world to end up with some international policy coordination. The key issues continue to be dollar liquidity, excessive dollar appreciation and plummeting oil prices.
