Blog

Low Interest Rates: An Opportunity for Renewables

| 8 July 2015
Blog, Monetary | Tags: Energy, Interest Rates
Putting the economy on an environmentally sustainable path requires a serious shift into green technologies. Such a shift includes substantial investments in technologies that are based on renewable energy to produce electricity – referred to hereinafter as “green energy technologies”. Interest rates directly and significantly ... continue reading

Where Will All The Jobs Come From?

| 24 April 2015
Blog, Trade | Tags: Employment, Global Value Chains, Services Trade
In the last couple of years, a spate of magazines, articles and think-pieces have predicted a new age of automation (and robots) – one that means an increasingly stark picture for labour worldwide (see the BBC and The Economist). Even Barack Obama has been seen ... continue reading

Central Banks, Financial Stability and Inequality

| 9 March 2015
Blog, Monetary | Tags: Central Banks, Financial Stability, Inequality
When you ask a central banker what her job is, she will most probably answer: “keeping inflation under control!” Indeed, securing price stability constitutes the current raison d’être of most, if not all, central banks around the world. In parallel to this objective, however, many ... continue reading

Should the ECB Helicopter Adjust Its Dropping Zone?

| 4 February 2015
Blog, Monetary | Tags: Inequality, QE
“Let us suppose that one day a helicopter flies over this community and drops an additional $1000 in bills from the sky…” This pleasant image conveyed by Milton Friedman’s famous metaphor is taken to new heights by Mario Draghi, who promised to inject €60 billion ... continue reading

Inside CETA: Unpacking the EU-Canada free trade deal

| 12 December 2014
Blog, Trade | Tags: Employment, Environment, ISDS, Subsidies
How are sustainable development objectives treated in the latest major preferential trade agreements?  In late September, the European Union and Canada released the long-awaited text of a bilateral free trade pact, five years after launching talks, and almost one year on from announcing they had ... continue reading