Future economic governance in the EU should combine two elements, the two authors from the think tank Centre for European Policy (cep) in Paris demand: a simplification of the Stability Pact via a spending rule and a permanent central investment capacity.
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Rising inflation rates have rapidly become a global problem. But they don't seem to be hitting Asia. Carmen Reinhart, chief economist at the World Bank Group, and Clemens Graf von Luckner, economist at the World Bank, discuss the drivers and effects of inflation.
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A quiet revolution is taking place in EU economic policy coordination: The new Recovery and Resilience Facility gives the Commission an edge and more leverage, according to Nils Redeker and Thu Nguyen.
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The European Central Bank has been in hazardous waters for years, endangering its political independence and compromising on its goals, as Jürgen Stark, Thomas Mayer, and Gunther Schnabl write.
By Redaktion Table
