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Paul De Grauwe

Paul De Grauwe

7 commentaries

Paul De Grauwe is Chair of European Political Economy for the European Institute at the London School of Economics.

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  1. Tame Inflation Without Subsidizing Banks
    degrauwe6_Andreas RentzGetty Images_ECB Andreas Rentz/Getty Images

    Tame Inflation Without Subsidizing Banks

    Feb 27, 2023 Paul De Grauwe & Yuemei Ji urge central banks to increase minimum reserve requirements as a temporary measure to prevent huge losses.

  2. China's Time for Global Leadership
    roach137_Lintao ZhangGetty Images_xi jinping Lintao Zhang/Getty Images
    Free to read

    China's Time for Global Leadership

    Mar 17, 2022 Stephen S. Roach, et al. call on the country's leaders to leverage their partnership with Russia to stand up for peace in Ukraine.

  3. Russia Is Too Small to Win
    degrauwe4ALEXEY NIKOLSKYSputnikAFP via Getty Images_putin economy ALEXEY NIKOLSKY/Sputnik/AFP via Getty Images

    Russia Is Too Small to Win

    Mar 17, 2022 Paul De Grauwe highlights the economic weaknesses that are likely to deny Vladimir Putin a victory in Ukraine.

  4. Brexit and the Brussels Effect
    degrauwe3_Gareth FullerPA Images via Getty Images_brexit trade Gareth Fuller/PA Images via Getty Images

    Brexit and the Brussels Effect

    Dec 18, 2020 Paul De Grauwe calls for the UK and the EU to retain full sovereignty and let the market compel alignment on trade rules.

  5. The ECB Must Finance COVID-19 Deficits
    degrauwe2_Thomas LohnesGetty Images_christinelagardeecb Thomas Lohnes/Getty Images

    The ECB Must Finance COVID-19 Deficits

    Mar 18, 2020 Paul De Grauwe makes the case that policymakers should accept the necessity of monetary financing to avert a deeper crisis.

  1. klee23_Per-Anders Pettersson Getty Images_worldbank Per-Anders Pettersson/Getty Images
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    Has Escaping the Middle-Income Trap Become Easier?

    Keun Lee urges the World Bank to adopt a more reliable measure of economic development than nominal per capita GDP.
  2. fofack29_eric1513Getty Images_dedollarization eric1513/Getty Images
    1

    Trump Can’t Stop De-Dollarization

    Hippolyte Fofack thinks the benefits of reducing reliance on the greenback will outweigh the costs of retaliatory US tariffs.
  3. yoon32_Han Myung-GuGetty Images_southkoreaimpeachment Han Myung-Gu/Getty Images
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    South Korea’s Constitution Needs Fixing

    Yoon Young-kwan

    South Korea's latest political crisis is further evidence that the 1987 constitution has outlived its usefulness. To facilitate better governance and bolster policy stability, the country must establish a new political framework that includes stronger checks on the president and fosters genuine power-sharing.

     argues that breaking the cycle of political crises will require some fundamental reforms.
  4. vbadre2 image Frédéric BAZILLE, Edouard MANET, L’Atelier de Bazille Studio, 1870
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    The Lost Art of Collaboration

    Vanessa Badré mines a nineteenth-century painting for insights into trust-building, creativity, and cooperation.
  5. op_aschechter2_BRENDAN SMIALOWSKIAFP via Getty Images_trump Brendam Smialowski/AFP via Getty Images
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    PS Commentators’ Predictions for 2025

    PS editors

    Among the major issues that will dominate attention in the next 12 months are the future of multilateralism, the ongoing wars in Ukraine and the Middle East, and the threats to global stability posed by geopolitical rivalries and Donald Trump’s second presidency. Advances in artificial intelligence, if regulated effectively, offer a glimmer of hope.

     asked PS contributors to identify the national and global trends to look out for in the coming year.
  6. adebajo12_FADEL SENNAAFP via Getty Images_USmilitaryafrica Fadel Senna/AFP via Getty Images
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    What Trump’s Return Means for Africa

    Adekeye Adebajo expects a continuation of America's longstanding attitude of benign neglect toward the continent.
  7. hodgkins1_Ulet IfansastiGetty Images_mine Ulet Ifansasti/Getty Images
    Free to read
    1

    The False Promise of “Responsible Mining”

    Chelsea Hodgkins lambasts a corporate-led voluntary global standard that would harm communities and pose risks for automakers.
  8. elerian175_Spencer PlattGetty Images_nyse Spencer Platt/Getty Images
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    A Baseline Scenario for the Global Economy in 2025

    Mohamed A. El-Erian offers his predictions for the new year while acknowledging that the range of possible outcomes is widening.
  9. ruto6_LUIS TATOAFP via Getty Images_africafloods Luis Tato/AFP via Getty Images
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    A New Deal for Developing Countries

    William Ruto explains what climate-vulnerable Africa will need to strengthen their resilience and sustain economic growth.

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