Global Economy

 

A low-growth world is an unequal, unstable world

Long periods of slow economic growth can cause a jump in inequality. Kristalina Georgieva argues that a balanced set of policies can stave off that outcome

  

Trapped!

There has been a recent growth deceleration in China. Lucio Vinhas de Souza considers China and the ‘middle-income trap’ and the possible effects on the global economy

    

How the EU can counterbalance the US

The Inflation Reduction Act has sparked concern in the EU. Salvador Barrios, Jonathan Pycroft, Andrzej Stasio and Daniel Stöhlker argue that the EU’s own green funding initiatives can compete with the IRA

   

Overcome divisions and confront threats

The challenges confronting the EU are substantial. Maria Demertzis, André Sapir and Jeromin Zettelmeyer recommend that the new Presidents of the European Commission, Council and Parliament promote growth and enhance cohesion

  

The return of industrial policies

Industrial policies are increasingly used in advanced economies. Valentine Millot and Łukasz Rawdanowicz discuss the pros and cons of such policies and outline principles to inform policy guidelines

   

A strategy for European competitiveness

Europe’s prosperity, competitiveness, and its market power are derived from the single market. Kristalina Georgieva argues that preserving Europe’s competitive edge will require a well-thought out, multi-pronged strategy