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Clemens Fuest

Clemens Fuest

11 commentaries
1 videos & podcasts

Clemens Fuest, President of the Ifo Institute, is Professor of Economics at the University of Munich.

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  1. Climate Adaptation Is as Imperative as Mitigation
    fuest11_ STRAFP via Getty Images_flood STR/AFP via Getty Images

    Climate Adaptation Is as Imperative as Mitigation

    Aug 22, 2024 Clemens Fuest & Maria Waldinger urge governments and businesses to help communities adjust to the inevitable consequences of global warming.

  2. Europe Must Avoid a Subsidy Race
    fuest10_ Alberto OrtegaEuropa Press via Getty Images_europeenergy Alberto Ortega/Europa Press via Getty Images

    Europe Must Avoid a Subsidy Race

    Oct 12, 2022 Clemens Fuest worries that national governments will move ahead with beggar-thy-neighbor energy policies.

  3. How to Tax Energy Companies’ Windfall Profits
    op_fuest1_ INA FASSBENDERAFP via Getty Images_electricity Ina Fassbender/AFP via Getty Images

    How to Tax Energy Companies’ Windfall Profits

    Oct 7, 2022 Clemens Fuest & Axel Ockenfels consider the underappreciated difficulties of implementing new levies without creating unwanted side effects.

  4. The ECB’s Toxic Bond-Purchase Program
    feld2_Jim DysonGetty Images_euros tpi Jim Dyson/Getty Images

    The ECB’s Toxic Bond-Purchase Program

    Jul 27, 2022 Lars P. Feld, et al. warn that the European Central Bank’s new anti-fragmentation instrument risks destabilizing the eurozone.

  5. Don’t Raise the Eurozone’s Public-Debt Limit
    fuest8_Adam BerryGetty Images_eu public debt Adam Berry/Getty Images

    Don’t Raise the Eurozone’s Public-Debt Limit

    Jun 15, 2022 Clemens Fuest urges policymakers to focus on increasing the quality, not the quantity, of public spending.

  1. buiter54_FABRICE COFFRINIAFP via Getty Images_swissnationalbank Fabrice Coffrini/AFP via Getty Images
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    The Positive Case for Negative Rates

    Willem H. Buiter & Ebrahim Rahbari see the widely scorned monetary-policy tool as a necessary option in the absence of fiscal alternatives.
  2. ahzhang20_PETER CATTERALLAFP via Getty Images_deepseek Peter Catterall/AFP via Getty Images
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    Will DeepSeek Upend US Tech Dominance?

    Angela Huyue Zhang says the firm’s disruption of the AI industry is about market – not great-power – competition.
  3. buruma222_Anna MoneymakerGettyImages_donald_trump_cross Anna Moneymaker/Getty Images
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    Breaking US Democracy Beyond Repair

    Ian Buruma warns that Donald Trump’s efforts to tear down America’s “civic religion” will be difficult to reverse.
  4. patten172_Scott OlsonGetty Images_trump Scott Olson/Getty Images
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    Can the Liberal International Order Survive Without America?

    Chris Patten urges Western countries to safeguard the institutions that have underpinned their postwar stability.
  5. norrlof9_Chip SomodevillaGetty Images_trump Chip Somodevilla/Getty Images
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    Tariff Man’s Risky Bet

    Carla Norrlöf

    In betting that the economic fallout from his sweeping new tariffs will be worth the gains in border security, US President Donald Trump is gambling with America’s long-term influence and prosperity. In the future, more countries will have even stronger reasons to try to reduce their reliance on the United States.

     thinks Donald Trump's trade policies will undermine the very goals they aim to achieve.
  6. parke2_Odd AndersenGettyImages_nihon_hidankyo_nobel Odd Andersen/Getty Images
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    The Case for Abolishing Nuclear Weapons

    Melissa Parke calls for eliminating arsenals to commemorate the 80th anniversary of the bombings of Hiroshima and Nagasaki.
  7. acemoglu83_Anna BarclayGetty Images_deepseek Anna Barclay/Getty Images
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    A Sputnik Moment for AI?

    Daron Acemoglu

    While America’s AI industry arguably needed shaking up, the news of a Chinese startup beating Big Tech at its own game raises some difficult questions. Fortunately, if US tech leaders and policymakers can take the right lessons from DeepSeek's success, we could all end up better for it.

     considers what an apparent Chinese breakthrough means for the US tech industry, and innovation more broadly.
  8. ronde1_PhotosbypatrikGettyImages_apps Photosbypatrik/Getty Images
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    Danish Media’s United Stand Against Big Tech

    Karen Rønde urges all publishers to bargain collectively to secure the fair compensation quality journalism requires.
  9. ito44_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_IwayaRubio Andrew Caballero-Reynolds/AFP via Getty Images
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    East Asia Braces for Trump 2.0

    Takatoshi Ito warns America’s key regional allies to be prepared to make concessions to the new US administration.

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