Recession

Tyler Goodspeed (2026) Recession: The Real Reasons Economies Shrink and What to Do About It. London: Basic Books. pp. 310. What causes a recession? Do recessions end on their own, or do they require external intervention? Does a recession in one country mean the rest of the world will follow? Are we in a recession now? Economic expert […]

The new global imbalances: why care, why now and what should be done?

Beatrice Weder di Mauro, Jeromin Zettelmeyer Global imbalances are back: since 2018, the sums of current account surpluses and deficits have each increased by about 30 percent, reaching their highest levels since 2012. History shows that imbalances trigger trade tensions and often end in financial crises. Drawing on the 2026 CEPR-Bruegel Paris Report, this essay analyses the causes of, and remedies for, external imbalances, […]

Ανέπαφες (;) ψηφιακές συναλλαγές

Μεταφέρω επιστολή αναγνώστη με τίτλο “Let’s press ‘pause’ on the contactless revolution”, η οποία δημοσιεύθηκε στην Φαϊνάνσιαλ Τάιμς της 2 Απριλίου 2026. Ας πω ότι η άποψη του επιστολογράφου κάθε άλλο παρά χρηματοοικονομική τεχνοφοβία εκφράζει.  “Barb Morgan’s eloquent exposition of the inevitability of a complete transition to digital contactless transactions (Letters, March 28) omits two […]