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Lucrezia Reichlin

Lucrezia Reichlin

Writing for PS since 2014
39 commentaries
1 videos & podcasts

Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School.

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  1. Will Crypto Save the Dollar?
    reichlin39_da-kukGetty Images_dollarcrypto da-kuk/Getty Images

    Will Crypto Save the Dollar?

    Jan 31, 2025 Lucrezia Reichlin asks whether the Trump administration's stablecoin strategy can preserve the greenback's global hegemony.

  2. Will the EU Heed Draghi’s Call for Integration?
    solana128_kamisoka_getty images_europe Kamisoka/Getty Images

    Will the EU Heed Draghi’s Call for Integration?

    Sep 26, 2024 Lucrezia Reichlin questions whether the bloc will be able to muster the necessary political will to secure its economic future.

  3. Can Central Banks Still Go Green?
    reichlin37_shomos uddinGetty Images_greencentralbank shomos uddin/Getty Images

    Can Central Banks Still Go Green?

    Jul 25, 2024 Lucrezia Reichlin argues that the return of inflation need not derail monetary policies geared toward addressing climate change.

  4. Inflation Targeting in an Age of Climate Change
    reichlin36_KIRILL KUDRYAVTSEVAFP via Getty Images_ecb KIRILL KUDRYAVTSEV/AFP via Getty Images)

    Inflation Targeting in an Age of Climate Change

    Jun 10, 2024 Lucrezia Reichlin urges central banks to devise frameworks for balancing their price-stability mandates with other objectives.

  5. Giorgia Meloni’s Surprising Success
    reichlin35_JOHN THYSAFP via Getty Images_meloni John Thys/AFP via Getty Images

    Giorgia Meloni’s Surprising Success

    Mar 29, 2024 Lucrezia Reichlin predicts that the Italian prime minister will have a lasting influence on European politics.

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  1. weglarczyk1_Justin TallisGettyImages_europe_security_summit Justin Tallis/Getty Images
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    Europe, United, Will Never Be Defeated!

    Bartosz Węglarczyk identifies the main obstacle to the development of an effective defense strategy in the absence of US support.
  2. strain37_Spencer PlattGettyImages_trump_stock_market Spencer Platt/Getty Images
    1

    Why Is Trump Undermining the US Economy?

    Michael R. Strain

    Although Donald Trump got off to a good start, with equity prices hitting all-time highs in anticipation of pro-growth policies, investor confidence has vanished, tanking the stock market. With the president deliberately undermining the foundations of US prosperity, one must ask why he is doing it, and what could stop him.

     offers three explanations for a set of policies that have sent investor confidence into a tailspin.
  3. berglof40_Geoff RobinsGettyImages_trade_tariffs_cars Geoff Robins/Getty Images
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    How to Lose a Decade

    Erik Berglöf & Nahom Ghebrihiwet warns that a trade war will harm economic growth and decarbonization, with developing countries hit hardest.
  4. tharoor200_Jim WatsonGettyImages_trump_modi_trade Jim Watson/Getty Images
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    Will Trump’s Tariffs Derail India’s Economy?

    Shashi Tharoor

    The US administration’s plan to impose “reciprocal” import tariffs could severely curtail key Indian exports, including chemicals, metals, auto parts, and pharmaceuticals, leading to job losses and undermining fiscal stability. India has little choice but to lower its own tariffs while negotiating improved access to the US market.

     urges policymakers to brace for the impact – known and unknown – of the US administration’s trade policies.
  5. hamada69_The Washington PostGettyImages_trump_speech The Washington Post/Getty Images
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    Countering Trump’s Politics of Fear

    Koichi Hamada calls for a new set of policies that responds to, rather than dismisses, US voters’ legitimate fears.
  6. galen5_Andrew HarnikGetty Images_trumpcongress Andrew Harnik/Getty Images
    1

    Where Are the Democrats?

    Reed Galen lambasts the party for sitting by and watching America implode, in the misguided hope of winning the midterms.
  7. moyo34_Spencer PlattGetty Images_NYSE Spencer Platt/Getty Images
    1

    Signs of a US Recession

    Dambisa Moyo catalogues several indicators suggesting that the world's largest economy is headed for a slump.
  8. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images
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    Trump’s Trade War

    Less than two months into his second presidency, Donald Trump has imposed sweeping tariffs on America’s three largest trading partners, with much more to come. This strategy not only lacks any credible theoretical foundations; it is putting the US on a path toward irrevocable economic and geopolitical decline.

  9. ruf1_MANAURE QUINTEROAFP via Getty Images_data center Manaure Quintero/AFP via Getty Images
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    Why Frugal AI Alone Won’t Fix AI’s Energy Problem

    Boris Ruf explains why shifting the responsibility for reducing AI’s carbon footprint to end users is counterproductive.

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