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Otmar Issing

Otmar Issing

16 commentaries

Otmar Issing, former chief economist and member of the board of the European Central Bank, is Honorary President of the Center for Financial Studies at Goethe University Frankfurt.

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  1. Can the ECB Escape Its Own Trap?
    issing16_Andreas RentzGetty Images_christinelagarde Andreas Rentz/Getty Images

    Can the ECB Escape Its Own Trap?

    Jun 7, 2023 Otmar Issing examines the policy dilemma facing central banks as they try to shrink their bloated balance sheets.

  2. The ECB’s Political Overreach
    issing15_Boris Roesslerpicture alliance via Getty Images_ecb Boris Roessler/picture alliance via Getty Images

    The ECB’s Political Overreach

    Jul 27, 2022 Otmar Issing thinks a new asset-purchase program will push the central bank further into a domain where it doesn't belong.

  3. The High Stakes of Rising Inflation
    issing14_OLIVIER DOULIERYAFP via Getty Images_fed reserve inflation OLIVIER DOULIERYAFP via Getty Images

    The High Stakes of Rising Inflation

    Nov 30, 2021 Otmar Issing warns that growing pressure on prices is a global phenomenon, posing a crucial test for central banks.

  4. The Return of Inflation?
    issing13_Getty Images_inflation Getty Images

    The Return of Inflation?

    Jul 16, 2021 Otmar Issing worries that central banks are ignoring potential new sources of upward price pressure and uncertainty.

  5. The MMT Myth
    issing12_matthiashaas_getty Images_printing money mmt Matthias Haas/Getty Images

    The MMT Myth

    Nov 3, 2020 Otmar Issing explains why Modern Monetary Theory amounts to (poisonous) old wine in a new bottle.

  1. bp trump harris debate Photo by Demetrius Freeman/The Washington Post via Getty Images
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    What Harris and Trump Will Do

    With less than two months to go until the US presidential election, the candidates’ opposing worldviews, objectives, and priorities – and their implications for international relations, the economy, and democracy – have come into sharper focus. While it is impossible to know exactly what a leader will do once in office, the contours of both a Donald Trump and a Kamala Harris presidency are remarkably well defined.

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    The Big Picture

    PS editors
  3. op_drochon4_LUDOVIC MARINPOOLAFP via Getty Images_macron Ludovic Marin/Pool/AFP via Getty Images
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    Macron’s Trial by Fire

    Hugo Drochon

    Since the start of the Olympic Summer Games in Paris, Emmanuel Macron has reclaimed the initiative and confronted a political situation that is in many ways unprecedented for a French president. Not only has the center held, but the country may have a return to political stability in its sights.

     reflects on the French president's efforts to maintain control after a painful election season.
  4. velasco151_SAUL LOEBAFP via Getty Images_harris Saul Loeb/AFP via Getty Images
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    Kamala Harris’s Liberal Patriotism

    Andrés Velasco & Daniel Brieba

    The US presidential candidate's appeal to love of country is the right thing at the right time. Disregard the surfeit of flags and overwrought rhetoric: a healthy dose of patriotism is required to win an election, in the US or anywhere else, and it is – and should be – an essential component of liberal and progressive politics.

     explain why the Democratic US presidential candidate's appeal to love of country is good politics.
  5. fofack27_ BENSON IBEABUCHIAFP via Getty Images_nigeriaprotests Benson Ibeabuchi/AFP via Getty Images
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    Confronting Africa’s Cost-of-Living Crisis

    Hippolyte Fofack urges governments to rethink constraints on public spending and increase investment in human capital.
  6. benami217_ ALBERTO PIZZOLIAFP via Getty Images)_ancient rome ALBERTO PIZZOLI/AFP via Getty Images)
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    Why Rome Still Matters

    Shlomo Ben-Ami considers the ancient empire’s hold on the popular imagination and what its history has to teach us.
  7. hendy1_Sina Schuldtpicture alliance via Getty Images_maternity Sina Schuldt/picture alliance via Getty Images
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    Egypt’s Skyrocketing C-Sections

    Rana Hendy & Lobna Shaheen urge policymakers to take decisive steps to address the inequalities fueling the rise in cesarean deliveries.
  8. caballero1_Sanjeev VermaHindustan Times via Getty Images_indiashopping Sanjeev Verma/Hindustan Times via Getty Images
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    Asia’s Consumer Tipping Point

    Juan Caballero & Wolfgang Fengler highlight a milestone that marks the transition from poverty to a more typical middle-class lifestyle.
  9. Rodrik_Say-More_Rawf8-via-GettyRF
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    Kishore Mahbubani on the US-China rivalry, Asian security risks, and more

    Kishore Mahbubani offers advice to Western diplomats attempting to engage with Asia, identifies risks to the region’s stability, highlights Singapore’s lessons for developing-country leaders, and more.

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