Spain’s Constitutional Reform: What is seen and not seen
Abad,José, Galante, Javier Hernández. The recent constitutional reform agreed by the Spanish Parliament on 7 September 2011 aims to mitigate concerns over public finances by constraining the general government’s spending and borrowing capacity. In their analysis of this historic agreement, José M. Abad and Javier Hernández Galante find that the reform represents a major step […]
Business Models in European Banking: A pre-and post-crisis screening
Ayadi, Rym, Arbak, Emrah & De Groen, Willem Pieter. The next few years will be critical for Europe’s banking industry as it faces a number of financial sector reforms that will have a decisive impact on the dominant practices and business models followed across the EU. This timely report presents the results of the first screening exercise […]
Rethinking Central Banking
This report was written by The Committee on International Economic and Policy Reform, a non-partisan and non-ideological group of independent experts, comprised of academics and former government and central bank officials. The objective of the group is to analyze global monetary and financial problems, offer systematic analysis and advance reform ideas that would ordinarily not […]