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Xavier Vives

Xavier Vives

18 commentaries

Xavier Vives, Professor of Economics and Finance at IESE Business School, is the co-author (with Darrell Duffie, Thierry Foucault, and Laura Veldkamp) of the report Technology and Finance.

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  1. Is SVB the Canary in the Coal Mine?
    vives18_NOAH BERGERAFP via Getty Images_siliconvaleybank Noah Berger/AFP via Getty Images

    Is SVB the Canary in the Coal Mine?

    Mar 14, 2023 Xavier Vives warns that the bank's sudden collapse points to a larger looming threat to financial stability.

  2. Crypto’s Well-Worn Path to Crisis
    vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images

    Crypto’s Well-Worn Path to Crisis

    Dec 2, 2022 Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.

  3. Is There a Method to Putin's Madness?
    vives16_Mikhail SvetlovGetty Images_putin Mikhail Svetlov/Getty Images
    Free to read

    Is There a Method to Putin's Madness?

    Mar 2, 2022 Xavier Vives asks whether the Russian president's decision to attack Ukraine was reckless or strategically cunning.

  4. Was COP26 Cheap Talk?
    vuves15_Alastair Grant - PoolGetty Images_modi cop26 Alastair Grant - PoolGetty Images

    Was COP26 Cheap Talk?

    Nov 17, 2021 Xavier Vives assesses the outcome of this year’s UN climate-change conference in light of current global constraints.

  5. Is an Energy Winter Coming to Europe?
    vives14_Stefan Sauerpicture alliance via Getty Images_gas pipeline Stefan Sauerpicture alliance via Getty Images

    Is an Energy Winter Coming to Europe?

    Oct 13, 2021 Xavier Vives sees the recent spike in electricity prices as part of a new normal that the continent must confront.

  1. patten172_Scott OlsonGetty Images_trump Scott Olson/Getty Images

    Can the Liberal International Order Survive Without America?

    Chris Patten urges Western countries to safeguard the institutions that have underpinned their postwar stability.
  2. norrlof9_Chip SomodevillaGetty Images_trump Chip Somodevilla/Getty Images

    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.
  3. parke2_Odd AndersenGettyImages_nihon_hidankyo_nobel Odd Andersen/Getty Images

    The Case for Abolishing Nuclear Weapons

    Melissa Parke calls for eliminating arsenals to commemorate the 80th anniversary of the bombings of Hiroshima and Nagasaki.
  4. acemoglu83_Anna BarclayGetty Images_deepseek Anna Barclay/Getty Images

    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.
  5. ronde1_PhotosbypatrikGettyImages_apps Photosbypatrik/Getty Images

    Danish Media’s United Stand Against Big Tech

    Karen Rønde urges all publishers to bargain collectively to secure the fair compensation quality journalism requires.
  6. ito44_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_IwayaRubio Andrew Caballero-Reynolds/AFP via Getty Images

    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.
  7. franks1_Tafadzwa UfumeliGettyImages_zimbabwe_lithium_mine Tafadzwa Ufumeli/Getty Images

    Africa Needs Mineral Security, Too

    Daniel M. Franks & Rüya Perincek highlight the necessity of building local value chains tailored to the continent’s economic realities.
  8. elsayedali1_Picture AllianceGettyImages_data_center_wires Picture Alliance/Getty Images

    Mitigating AI’s Climate Costs

    Sherif Elsayed-Ali proposes ways to realize the technology’s potential while mitigating its massive carbon footprint.
  9. naim2_CHANDAN KHANNAAFP via Getty Images_USvenezuela Chandan Khanna/AFP via Getty Images

    What Does Trump 2.0 Mean for Venezuela?

    Moisés Naím thinks the Maduro regime’s fate – and the country’s future – will be largely shaped by US policymakers.

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