Central Bank independence and the mandate—evolving views
Jerome Powell makes a strong case for limited independence within a democratic framework, warning against a Central Bank widening its remit and scope too far
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Author: Op-ed
The innovation imperative: modernizing traditional banking
Michelle Bowman discusses innovation in the US financial system, the emerging trends that are shaping the industry, and the influence of regulatory approach on this evolution
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Time to step up policy coordination in the euro area
The euro area economy has shown impressive resilience. Nevertheless, Reinhard Felke and Nicolas Philiponnet argue that policymakers should sustain vigilance and action
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Will a digital pound be needed by the end of this decade?
Jon Cunliffe discusses why a digital pound is needed, what the model could look like and how the digital pound may sit within the digital payments landscape
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If it doesn’t trade, is it really marketable debt?
Rebecca Christie says Europe’s bond markets are essential infrastructure, just like the power grid
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The end of ESG
Alex Edmans argues that ESG shouldn’t be put on a pedestal compared to other intangible assets that affect both financial and social value
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Is Europe failing on import diversification?
Lennard Welslau and Georg Zachmann find that despite a goal of economic self-reliance, the EU’s imports are generally sourced from an increasingly limited set of suppliers
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Unprecedented opportunities
Elena Verdolini considers the digital revolution and how you can have a just ecological transition
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The cooperation imperative
The world’s international economic institutions have helped reduce conflict and support growth. Tim Sargent, Paul Samson and Hector Torres discuss why we need to fix our international economic organizations
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Development debates in a historical perspective
Globalization is changing. José Antonio Ocampo argues that the United Nations should be at the centre of a revitalized multilateralism
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