Why do financial crises happen so often?
Jon Danielsson argues that failures in regulation are a key reason for financial crises, and proposes that the authorities adopt diversification to build a more resilient financial system
Read MoreJon Danielsson argues that failures in regulation are a key reason for financial crises, and proposes that the authorities adopt diversification to build a more resilient financial system
Read MoreThe EU has enacted new rules that overhaul the Stability and Growth Pact. Lucio Pench considers the issues that need to be addressed to ensure the new fiscal rules succeed
Read MoreAn unprecedented number of voters will go to the polls globally in 2024. Jeffrey Frankel discusses incumbent’s efforts to buoy the economy and the post-election economic situations
Read MoreTrust is essential for the success of public policies. Agustín Carstens argues that policymakers’ success in dealing with recent crises was due to the trust they had built over the years, which allowed them to take decisive action when required
Read MoreThe global economy has seen a major financial crisis and a worldwide pandemic. Patrick Minford reviews the attempts to model these events and suggests policy conclusions
Read MoreFinancial markets have inherent instability. Daniel Dăianu considers the role of AI but finds it hard to imagine a complete replacement of human judgment in monetary policy
Read MoreMonetary policy is too important to rely on trial and error. Klaas Knot argues that central banks need data and research to fulfil their mandate, so that they can do the best possible job
Read MoreLuis de Guindos provides an overview of the euro area economy, and argues that it is vital to reform the EU’s economic governance framework in order to anchor expectations and support fiscal discipline
Read MoreAndrew Bailey describes the benefits of openness and the risks posed by fragmentation for the world economy and financial stability
Read MoreThe world has experienced an unprecedented series of shocks. Christine Lagarde says clarity, flexibility and humility will be three key elements of robust policymaking against this backdrop
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