Categorie
Central Banks Global Economy

Central Banks and the Looming Financial Reckoning (Willem H. Buiter, Project-Syndicate)

Across the advanced economies, central banks have rightly prioritized maintaining financial stability and supporting the real economy over fighting inflation with interest-rate hikes. But with financial fragility rife and public and private leverage at all-time highs, their next big test is coming.

Central Banks and the Looming Financial Reckoning by Willem H. Buiter – Project Syndicate (project-syndicate.org)

Categorie
Geopolitics Global Economy

The Geopolitical Conquest of Economics (Jean Pisani-Ferry, Project-Syndicate)

Although economics and geopolitics have never been completely separate domains, international economic relations were shaped for 70 years by their own rules. But the rise of China and its growing rivalry with the United States have brought this era to an end.

The Geopolitical Conquest of Economics by Jean Pisani-Ferry – Project Syndicate (project-syndicate.org)