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Stefan Gerlach

Stefan Gerlach

13 commentaries

Stefan Gerlach, Chief Economist of EFG Bank in Zurich, is a former executive director of the Hong Kong Monetary Authority and a former deputy governor of the Central Bank of Ireland.

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  1. The Limits of Central-Bank Independence
    gerlach13_ROSLAN RAHMANAFP via Getty Images_central banks ROSLAN RAHMAN/AFP via Getty Images

    The Limits of Central-Bank Independence

    Aug 1, 2024 Stefan Gerlach reminds monetary policymakers that they are ultimately reliant on political consensus, not law.

  2. Inflation Targeting Isn’t for Everyone
    gerlach12_ROSLAN RAHMANAFP via Getty Images_MAS ROSLAN RAHMAN/AFP via Getty Images

    Inflation Targeting Isn’t for Everyone

    Mar 7, 2024 Stefan Gerlach thinks small, open economies would do better with strategies tailored to their own unique circumstances.

  3. Crunch Time for Central Banks
    gerlach11_getty images_green finance Getty Images

    Crunch Time for Central Banks

    Sep 15, 2020 Stefan Gerlach urges monetary policymakers to respond to shifting public sentiment on inequality and the environment.

  4. Who Can Influence the ECB?
    gerlach10_Sean GallupGetty Images_ECBsignbuilding Sean Gallup/Getty Images

    Who Can Influence the ECB?

    Oct 4, 2019 Stefan Gerlach urges eurozone governments not to nominate inflexible candidates to the European Central Bank's Executive Board.

  5. It’s Time for the ECB to Put QE on Hold
    gerlach9_Ralph OrlowskiGetty Images_eurozone Ralph Orlowski/Getty Images

    It’s Time for the ECB to Put QE on Hold

    Sep 9, 2019 Stefan Gerlach argues that the eurozone does not need additional monetary stimulus for the time being.

  1. samadashvili3_ GIORGI ARJEVANIDZEAFP via Getty Images_georgia elections GIORGI ARJEVANIDZE/AFP via Getty Images
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    The End of Georgia’s European Dream?

    Salome Samadashvili

    Initial evidence suggests that the victory of the pro-Russian Georgian Dream party in the recent parliamentary election reflects widespread fraud. If the West fails to support democratic opposition parties in challenging the results, Georgia’s 30-year-old democracy could come to an end.

     urges Western leaders to take steps to halt the country’s slide into authoritarianism.
  2. grigaitedaugirde1_Alex GottschalkDeFodi Images via Getty Images_icc Alex GottschalkDeFodi Images via Getty Images
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    Belarus in the Dock

    Gabija Grigaitė-Daugirdė & Aarif Abraham explain why Lithuania is requesting an International Criminal Court investigation into its neighbor.
  3. jschwartz1_EonerenGetty Images_sustainabilityfinance Eoneren/Getty Images
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    Where Financial Innovation Meets Sustainable Development

    Jordan Schwartz explains why new instruments must be standardized and integrated into developing countries’ economic policies.
  4. rzlawrence1_MEGAN JELINGERAFP via Getty Images_us manufacturing MEGAN JELINGER/AFP via Getty Images
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    No President Can Revive US Manufacturing Employment

    Robert Z. Lawrence explains why there is no going back to the heyday of middle-class factory jobs for low-skilled workers.
  5. bailey1_The Washington PostContributorGettyImages_election_polling_screen The Washington Post/Contributor/Getty Images
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    Is Political Polling Broken?

    Michael A. Bailey urges pollsters to stop thinking in terms of random samples and instead focus on diagnosing non-response bias.
  6. fischer221_MAXIM SHIPENKOVPOOLAFP via Getty Images_BRICSputinxi Maxim Shipenkov/POOL/AFP via Getty Images
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    Don’t Dismiss the BRICS

    Joschka Fischer thinks it would be a serious mistake for Western strategists to ignore the bloc and what it represents.
  7. krueger80_PUNIT PARANJPEAFP via Getty Images_india PUNIT PARANJPE/AFP via Getty Images
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    Can India Become a Developed Economy by Mid-Century?

    Anne O. Krueger urges policymakers to resume key structural reforms and streamline regulations that stifle business activity.
  8. posner36_Scott OlsonGetty Images_trumpsupporters Scott Olson/Getty Images
    2

    Why Many Workers Now Vote Republican

    Eric Posner explains how the failures of neoliberalism came to benefit the traditional party of business.
  9. ito41_Takashi AoyamaGetty Images_japan election Takashi Aoyama/Getty Images
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    Japan’s Electoral Stalemate

    Takatoshi Ito considers the political and economic implications of the ruling bloc’s loss of its parliamentary majority.

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