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CEP is an international nonprofit, nonpartisan economic policy think tank for sustainability focused on fiscal, monetary and trade policy. If you are interested in learning more about us or getting involved, we’d be delighted to hear from you.
Argentina. A Short Blanket for the Coronavirus Long Night
Agustin Redonda and José Siaba Serrate | 3 April 2020Blog, Fiscal, Monetary | Tags: Central Banks, Covid-19, Fiscal Space, Health, Inflation, Informality
The coronavirus has arrived, and Argentina has played its cards. First life, then the economy. While it is non-debatable that the consequences of the pandemic will be enormous throughout the world,... continue reading
The ECB Response to COVID-19
Pierre Monnin | 27 March 2020Blog, Monetary | Tags: Asset Purchases, Covid-19, European Central Bank, Helicopter Money, Targeted Refinancing Lines
Since the outbreak of the COVID-19 crisis, the European Central Bank (ECB) committed to inject an additional 870 billion euro – about 7% of the euro area’s GDP – into... continue reading
The Dark Side of the Moon. Responding to the COVID-19 Crisis in Developing Economies
Agustin Redonda | 25 March 2020Blog, Fiscal | Tags: Covid-19, Development, Inequality, Informality
Besides China and Iran, the impact of the coronavirus has until now been most severe in advanced economies including France, Germany, Italy, South Korea, Spain and the US. This is... continue reading
Fiscal Policy Responses to the Coronavirus Outbreak
Agustin Redonda | 20 March 2020Blog, Fiscal | Tags: Covid-19, Inequality, Informality, Tax Expenditures, VAT
The global crisis we are facing is one of the worst in history. The priority, obviously, is to reduce the number of coronavirus victims. At the same time, mitigating the... continue reading
Central Banks and Climate Change
Alexander Barkawi | 21 February 2020Blog, Monetary | Tags: Central Banks, Climate Change, Credit Risk, Governing Finance
Central banks must supplement their risk processes to reflect climate risks. This is neither a conflict of objectives nor an overburdening of their mandate, but a fiduciary duty.... continue reading