Macroeconomics & the euro
Europe's make-or-break country: What is wrong with Italy's economy?
19 December 2016
Italy's economic problems are a threat to the eurozone and the EU as a whole. While the euro has not helped Italy, its problems are mainly homegrown.
Brexit and the economics of populism
12 December 2016
Inequality, insecurity and a nativist backlash against immigration all help to explain the rise of populism. But globalisation does not prevent governments from addressing these problems.
Has the ECB started to tighten the screws?
08 December 2016
Given the continued weakness of inflation, the ECB was always going to extend its bond purchasing programme (‘quantitative easing’ or QE) beyond its previously scheduled end in March 2017.
Italy's referendum: Much ado about little
28 November 2016
Whatever the outcome, Italy's referendum is not the watershed moment in Italian politics many are making it out to be.
Bulletin Issue 110 - October/November 2016
19 September 2016
- Why a hard Brexit looks likely, John Springford
- Brexit will make Britain's mediocre economic record worse, Simon Tilford
- Europe and its South China Sea dilemma, Rem Korteweg
Brexit will make Britain's mediocre economic record worse
19 September 2016
Britain is already an average economic performer by Western European standards. Brexit will further sap its economic dynamism and aggravate startling regional disparities
Long day’s journey into economic night
11 July 2016
Economic developments in Britain since the referendum suggest that a recession is coming. And the politics of the negotiation with the EU suggest the country will suffer a prolonged period of weak economic growth.
NATO defence spending: Money can't buy you solidarity
06 July 2016
NATO allies have halted the trend of decreasing defence budgets. At the Warsaw Summit, they should work to translate spending levels into a stronger military posture for the alliance.
Bulletin Issue 108 - June/July 2016
27 May 2016
- Why Britain voted to leave (if it does...), Charles Grant
- Five Brexit economic myths, Simon Tilford
- The EU after Bremain: Kiss and make up?, Ian Bond
Five Brexit economic myths
26 May 2016
Key Brexiter arguments – EU regulation and immigration are costly; the EU damages UK trade and investment; Brexit would bring fiscal gains – have no basis in reality.
The economic consequences of leaving the EU: The final report of the CER commission on Brexit 2016
21 April 2016
After leaving the EU, the UK would face an invidious choice: sign up to EU rules and the free movement of labour, or suffer economic damage.
Europe after Brexit: Unleashed or undone?
15 April 2016
If Britain left the EU, the character of the Union would change. The UK has driven economic liberalisation and foreign policy co-operation, and has made the EU's machinery more efficient.
Time for a regime change in Frankfurt
08 March 2016
To get eurozone inflation back to the 'close to 2 per cent' target, the ECB needs to be much bolder – and needs fiscal help.
Can the eurozone shake off the global gloom?
22 January 2016
The global economy has shifted from being the potential saviour of the eurozone economy to an additional source of uncertainty for it.
Bulletin Issue 106 - February/March 2016
22 January 2016
- Poland: Europe's new enfant terrible?, Agata Gostyńska-Jakubowska
- Can the eurozone shake off the global gloom?, Simon Tilford
- The Brexit equation: EU minus UK = ? , Ian Bond
European competitiveness, revisited
19 January 2016
European ‘competitiveness’ should be defined as productivity, and the policies to raise it are complex and counter-specific. Raising ‘competitiveness’ also requires more, not less democracy.
Has the euro been a failure?
11 January 2016
The euro has not been a positive economic and political force. But keeping the single currency together could still be less risky than dismantling it.
25 years on: How the euro's architects erred
05 November 2015
The original plans for the euro – conceived 25 years ago – suffered from five major flaws. Only some of these flaws have been fixed.
Gain or more pain in Spain?
19 October 2015
Spain is no poster child for austerity and structural reforms. The recovery is less than it appears and the country faces some formidable challenges.
Issue 104 - 2015
25 September 2015
- Jeremy Corbyn and the rise of groupthink, John Springford
- Eastern mess: The EU's partners need attention, Ian Bond
- Will the eurozone reap what it has sown?, Simon Tilford