Inflation targeting did not prevent financial instability before the Crisis nor did it provide sufficient stimulus after the Crisis. In this eBook, 14 world-renowned scholars, practitioners and market participants analyse inflation targeting and its future. They argue that inflation targeting should be refined not replaced. Indeed, it is needed now more than ever to keep expectations anchored while the advanced economies work their way through today’s slow growth, rickety banks, and over-indebted public sectors.
In this VoxEU eBook, seven of the nine candidates for Director General of the WTO offer a short essay exploring challenges to the world trading system and how they would tackle them. Taken together, the essays provide a uniquely comprehensive view of the world’s trade governance problems. It will be an important reference long after the selection process ends.
This in-depth study by CEPR, commissioned by the European Commission's Directorate General for Trade, assesses the potential effects of the EU-US Transatlantic Trade and Investment Partnership.
This report draws on output from the CEPR's PEGGED project to develop a policy-relevant analytical account of the current financial crisis in historical context.
The Single European Market is now twenty years old and has evolved to become the most economically integrated trading bloc in the world. This eBook draws together available evidence from HM Government and independent experts about the impact of the Single Market to date.
Other Recent ePubs:
- After the Fall: The Future of Global Cooperation
- Austerity: Too Much of a Good Thing?
- The UK in a Global World
- Débâcle: The 11th GTA report
- Rethinking Global Governance in Light of the Crisis: New Perspectives on Economic Policy Foundations
- The Crisis Aftermath: New Regulatory Paradigms
- Trade, Competition, and the Pricing of Commodities
- Trade Tensions Mount: The 10th GTA Report
- Unfinished Business? The WTO's Doha Agenda
- The Future of Banking
- Reforming the International Monetary System
- Public Debts: Nuts, Bolts and Worries
- Resolve Falters As Global Prospects Worsen: The 9th GTA Report
- Seeking asylum: Trends and policies in the OECD
- Dodd-Frank: One year on…
- Where to Spend the Next Million? Applying Impact Evaluation to Trade Assistance
- Cross-Border Banking in Europe: Implications for Financial Stability and Macroeconomic Policies
- Next Steps: Getting Past the Doha Round Crisis
- Why World Leaders Must Resist the False Promise of a Doha Delay
- Rebalancing the Global Economy: A Primer for Policymaking
- Fiscal consolidation: At what speed?Blanchard, Leigh
- Public debt and economic growth, one more timePanizza, Presbitero
- Escaping liquidity traps: Lessons from the UK’s 1930s escapeCrafts
- The lessons of the North Atlantic crisis for economic theory and policyStiglitz
- Rethinking macroeconomic policyBlanchard
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji