GECMagz

The European Union’s new fiscal rules: A fine line between brilliant masterpiece and another chapter of déjà vu

The 2024 reform of the European Union’s fiscal framework promises long-term sustainability through greater national ownership and country-specific medium-term expenditure…

1 month ago

No, the EU does not impose a 45% tariff on itself

A single estimate from a research paper – the 45% tariff equivalent of intra-EU border costs – has improbably risen…

1 month ago

Supply shocks and inflation: Timely insights from financial markets

Determining the drivers of inflation in real time is a central challenge for central banks. This column introduces a new…

1 month ago

Generative AI: Uneven adoption, labour market returns, and policy implications

Generative AI is being adopted more rapidly than previous digital technologies and has the potential to deliver meaningful productivity gains…

1 month ago

Swedish household debt is not too high: Look at solvency and liquidity, not debt to income

Swedish authorities and international organisations such as the European Commission and the European Systemic Risk Board (ESRB) commenting on Swedish…

1 month ago

Navigating the 2022 inflation surge: Lessons for monetary policy frameworks

The 2022 global inflation surge tested inflation-targeting frameworks under severe supply shocks. This column shows that, despite earlier and sharper…

1 month ago

Supply chains and free trade agreements

Over the last several decades, the offshore activities of multinational enterprises (MNEs) have increased as a result of technological progress,…

1 month ago

Tariffs, global imbalances, and the dollar

While the Trump administration has offered multiple justifications for imposing tariffs, none has been as prominently cited as the goal…

1 month ago

Spending smarter: A powerful growth strategy

Public debt is set to surpass 100% of GDP in the next four years globally, according to the latest IMF…

1 month ago

China’s Belt and Road Initiative and the shifting landscape of trade and investment

China’s Belt and Road Initiative (BRI) was launched in 2013, first aiming at the development of transport infrastructure between China…

1 month ago