Politique économique

Intangible Value: The Economics of Wellbeing

24 octobre 2019 Politique économique

Economic theory is due for a shakeup. After the forty-year dominance of the neoliberal paradigm, it is time for academics and policymakers to once again ask the question: what does success really look like? The economics of wellbeing might provide an answer.

Hamish Dick

Taming the Dragon? Europe and the AIIB

28 février 2018 Politique économique

As China’s Asian Infrastructure Investment Bank becomes a recognized instrument of global economic governance, European Union member states should use their voting power to influence the Bank’s agenda and practices. However, Europe must be aware of certain limitations.

Balázs Kiss

The Dangerous Depoliticization of Economic Numbers

26 février 2018 Politique économique

Daniel DeRock exposes the shaky foundations of macroeconomic statistical methods – from GDP figures to debt measurement – and argues for a fundamental rethinking of how scholars and policymakers engage with quantitative indicators.

Daniel Derock

Public Credit Scores – A Weapon Against Debt Accumulation?

9 février 2018 Politique économique

Debt fueled consumption lay at the heart of the global financial crisis of 2008. Now ten years later, rising household debt in developed economies remains a significant issue. In this article Babatunde Valentine Onabajo proposes a novel solution: making individual credit scores public.

Babatunde Valentine Onabajo

The Leontief Strategy of Trade Negotiation

31 janvier 2018 Politique économique

International trade is under strain and backward-looking trade negotiation strategies play a role in building up this pressure. Drawing on the World Input-Output Database, Andrea Andrenelli adopts a global Leontief approach and develops three indices to make trade policymaking fit for the era of global value chains.

Andrea Andrenelli

China and the IMF – Convergence or Conflict?

24 juillet 2017 Politique économique

China and the IMF have had a rocky relationship ever since the Fund’s founding in 1945. Despite the IMF’s recent efforts to better reflect China’s growing economic power within its organizational structure, the future of the two entities remains uncertain. This can be explained by conflicting interests on fiscal policy, the ambiguous behavior of the Chinese economic regime, and the failure of the IMF to fully adapt to the shifting weights of the world economy.

Riccardo Ramacci