Cefi or defi: substitutes or complements?
Christopher Waller discusses the roles of centralized and decentralized finance, and whether they are substitutes or complementary to each other
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Author: Op-ed
Economists should point their attention to the stars
The economics of space is no longer the province of science fiction. Alessio Terzi and Francesco Nicoli argue that economists should turn their attention to the stars, harnessing opportunities that beckon beyond Earth’s limits
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The tension between AI and productivity
Bertin Martens explores the tension between rapidly increasing artificial intelligence investment costs and the slower pace of productivity growth, raising concerns about a potential ‘economic winter’ for AI
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An uphill struggle
Emmanuel Mourlon-Druol analyses what arguments European policymakers have used in discussions about centralising public expenditures at EU level
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The rise of the disconnected workforce
A new workplace revolution is transforming the workplace forever. Jonathan Sharp considers how companies can stay connected and engaged with employees
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Towards a digital CMU
Piero Cipollone argues that recent advancements in digital technology offer an opportunity to create an integrated European capital market for digital assets
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Sustainable finance: from ‘eureka!’ to action
Climate and nature-related risks are significant financial risks. Frank Elderson argues that they therefore fall within the respective mandates of central banks and supervisors – to preserve price stability and ensure the safety and soundness of banks
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Europe needs to wake up
Emmanuel Macron considers the challenges of European competitiveness and the place of the European Union in a multipolar world
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Bridging the gap
Innovation, investment and integration. Luis de Guindos discusses the revival of productivity growth in the euro area – a critical challenge that demands urgent attention and collective action
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Measuring economic losses caused by climate change
Extreme weather events are bringing devastating consequences for an increasing number of people. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight the uncertainties and the importance of continued dialogue to refine our understanding of climate-induced economic losses
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