Germany needs a new growth model

Sander Tordoir, Shahin Vallée
30 June 2023

Berlin should fundamentally reset its growth strategy, rather than clinging to a failing model of industrial export corporatism.
Five proposals for enforceable EU fiscal rules

Sander Tordoir, Jasper van Dijk, Vinzenz Ziesemer
17 April 2023

As the EU reforms its fiscal rules it risks repeating past mistakes. The EU should couple Commission discretion with stronger enforcement mechanisms to get member-states to follow debt reduction plans.
Europe's central bankers should cherish their disagreements

Sander Tordoir, Shahin Vallée
20 December 2022

Promoting an open debate instead of forging consensus behind closed doors could make the European Central Bank’s decision-making culture more effective.
The European Stability Mechanism is not ready for the next crisis

Sander Tordoir
29 November 2022

Eurozone finance ministers just appointed a new head of the European Stability Mechanism (ESM). They should seize the opportunity to turn the ESM into a more useful institution.
A new EU fiscal regime could make the ECB truly independent

John Springford
30 June 2022

The ECB must be free to target inflation and prevent spreads rising without encouraging fiscal irresponsibility. A new, credible fiscal regime is needed, with a permanent EU green investment fund at its centre.

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Macroeconomics & the euro

Issue 2 - 1998

Charles Grant, Ben Hall, Maurice Fraser, Ed Smith

25 September 1998

A new model of European integration, Ben Hall
Elect the Commission, Charles Grant
Transparency is no panacea?, Maurice Fraser
Will EMU lead to political union?, Ed Smith

The unshocking truth about EMU

Charles Grant

01 July 1998

It is the commonest of all the economic arguments against EMU, but also the most specious: that any country in the euro-zone which suffered an economic crisis that did not affect its neighbours (an "asymmetric shock"), deprived of the freedom to devalue, would be condemned to a massive rise in unemployment.

Issue 1 - 1998

Charles Grant, Dan Bilefsky, Alex Ashbourne

29 May 1998

The unshocking truth about EMU, Charles Grant
Trouble in the Med, Dan Bilefsky
Integration or isolation? Restructuring Europe's defence industry, Alex Ashbourne

Weak dollar strong euro? The international impact of EMU

Fred Bergsten

01 May 1998

The creation of the euro will be the most important development in the evolution of the international monetary system since the widespread adoption of flexible exchange rates in the early 1970s.

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Germany needs a new growth model

Five proposals for enforceable EU fiscal rules

Europe's central bankers should cherish their disagreements

The European Stability Mechanism is not ready for the next crisis

A new EU fiscal regime could make the ECB truly independent

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John Springford

Sander Tordoir

Macroeconomics & the euro

Issue 2 - 1998

The unshocking truth about EMU

Issue 1 - 1998

Weak dollar strong euro? The international impact of EMU

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