Policy Contribution
An earlier version of this paper was presented at ‘The MPC at 25’, a conference organised by the United Kingdom’s National Institute of Economic and Social Research, in London, 30 March 2022 The process by which central banks take decisions has evolved over the years, with a tendency towards independence and decisions taken by committees […]
Podcast
How has the COVID-19 Pandemic reshaped the scope and ambition of China's Belt and Road Initiative?
Parliamentary Testimony
Testimony before the U.S.-China Economic and Security Review Commission.
Podcast
What needs to be done to address the Sri Lankan crisis and how does it relate to China?
Blog Post
The Belt and Road Initiative is turning from infrastructure financing into an instrument for Chinese soft and hard power
Blog Post
Crucial decisions about whether a country can join the euro area depend on questionable discretionary decisions.
Blog Post
The European Central Bank needs a new tool to prevent the current rise in spreads, triggered by monetary policy tightening, from escalating into a new euro-area crisis.
External Publication
The ECB should design a specific tool that will accompany interest rate hikes to neutralise the risk of fragmentation directly for countries facing it, staying within the bounds of the EU treaties and ensuring political legitimacy. We also advocate structural changes to the ECB’s collateral framework to avoid unnecessary uncertainty surrounding the safe asset status of European sovereign bonds.
Podcast
The mystery of China-Russia economic relations in the aftermath of Russia’s invasion of Ukraine and what it means for Europe.
Opinion
Even though inflation in the euro area is lower than in the US, three issues make it a lot more difficult for the ECB to control inflation and preserve financial stability. Once again, the limits of EMU architecture are visible and will require a rethink.
Podcast
What are the implications of prolonged inflation?
Opinion
The US now sees Asia more through an economic lens, while China shifts toward a security focus