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Economy and ecology

Return to positive interest rates requires a safety net

An interest hike could stifle the European economy. But inflation in the eurozone can be tempered without jeopardising recovery

By Peter Bofinger

Reuters

Economy and ecology

Europe’s decarbonisation plans derailed?

To divest from Russian gas, the EU is importing LNG from the US. But instead of a short-term fix, it locks Europe into more fossil fuel infrastructure

By Michael Davies-Venn

Reuters

Economy and ecology

Poland parts from Russian energy

Poland was prepared when Gazprom decided to turn off the gas supply to the country. But fully decoupling from Russian energy supply won’t be easy

By Ernst Hillebrand

Pexels

Economy and ecology

How the war in Ukraine impacts global supply chains

The war has strained global supply chains — from semiconductors to car parts. This calls for policies to mitigate disruptions and increase resilience

By Ram Ganeshan, Tonya Boone

Pixabay

Economy and ecology

The coming world order

Russia’s invasion of Ukraine has upended the existing world order — and with it the global energy, production, distribution, and financial systems

By Marc Saxer

Reuters

Economy and ecology

The ECB should not hike interest rates

Europe’s central bank is under pressure to raise interest rates to counter rising inflation. It should resist it

By Philipp Heimberger

Reuters

Economy and ecology

The EU’s green banking agenda isn’t sustainable — yet

By ‘greening’ finance, the EU wants to put financial flows at the service of the transition to climate neutrality. But so far its efforts fall short

By Agnieszka Smoleńska

Pexels

Economy and ecology

Who should be responsible for emissions reductions?

Carbon taxes disproportionally hit the poor — both in the Global North and South. Instead, climate policies should tackle the consumption of the rich

By Jayati Ghosh

Reuters

Economy and ecology

The Middle East’s food crisis spells disaster

As a result of the war in Ukraine, the Middle East is facing a major food crisis that could destabilise the entire region — if Europe doesn’t act now

By Stefan Lukas, Marius Paradies

Reuters

Economy and ecology

Putin’s war is damaging the developing world

Russia’s invasion has led to increases in oil and food prices, further harming developing countries struggling to recover from the pandemic

By Jayati Ghosh