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Clemens Fuest

Clemens Fuest

10 commentaries
1 videos & podcasts

Clemens Fuest, President of the Ifo Institute, is Professor of Economics at the University of Munich.

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  1. Europe Must Avoid a Subsidy Race
    fuest10_ Alberto OrtegaEuropa Press via Getty Images_europeenergy Alberto Ortega/Europa Press via Getty Images

    Europe Must Avoid a Subsidy Race

    Oct 12, 2022 Clemens Fuest worries that national governments will move ahead with beggar-thy-neighbor energy policies.

  2. How to Tax Energy Companies’ Windfall Profits
    op_fuest1_ INA FASSBENDERAFP via Getty Images_electricity Ina Fassbender/AFP via Getty Images

    How to Tax Energy Companies’ Windfall Profits

    Oct 7, 2022 Clemens Fuest & Axel Ockenfels consider the underappreciated difficulties of implementing new levies without creating unwanted side effects.

  3. The ECB’s Toxic Bond-Purchase Program
    feld2_Jim DysonGetty Images_euros tpi Jim Dyson/Getty Images

    The ECB’s Toxic Bond-Purchase Program

    Jul 27, 2022 Lars P. Feld, et al. warn that the European Central Bank’s new anti-fragmentation instrument risks destabilizing the eurozone.

  4. Don’t Raise the Eurozone’s Public-Debt Limit
    fuest8_Adam BerryGetty Images_eu public debt Adam Berry/Getty Images

    Don’t Raise the Eurozone’s Public-Debt Limit

    Jun 15, 2022 Clemens Fuest urges policymakers to focus on increasing the quality, not the quantity, of public spending.

  5. Europe’s Strategic Autonomy Trap
    fuest7_DKosig via Getty Images_eu DKosig via Getty Images 

    Europe’s Strategic Autonomy Trap

    May 27, 2021 Clemens Fuest thinks the European Union should be taking a more nuanced view of the bloc’s economic dependencies.

  1. rogoff235_Tom WilliamsCQ-Roll Call, Inc via Getty Images_chewtiktokcongress Tom Williams/CQ-Roll Call, Inc via Getty Images
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    Tick TikTok Goes Globalization

    Kenneth Rogoff

    The bipartisan push to ban TikTok in the US reflects both the growing distrust of China and lawmakers’ limited understanding of the tech world. While there are legitimate national-security concerns associated with the platform, a US ban could end up accelerating deglobalization.

     thinks efforts to restrict American users’ access to the app are hypocritical and counterproductive.
  2. acemoglu58_Chris McGrathGetty Images_turkeyearthquake Chris McGrath/Getty Images
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    To Reconstruct Turkey, Rebuild Its Democracy

    Daron Acemoglu & Cihat Tokgöz

    Turkey's massive death toll from the earthquakes in February attests to a much larger problem. From an overly powerful construction lobby and endemic corruption to the steady erosion of democratic institutions, it is clear that the country now needs a thorough political and economic transformation.

     think the country needs not just a new government but a broader economic and political transformation.
  3. mody28_ NOAH SEELAMAFP via Getty Images_india unemployment NOAH SEELAM/AFP via Getty Images
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    India’s Boom Is a Dangerous Myth

    Ashoka Mody dismantles the hype around a rosy economic narrative that is actually becoming bleaker by the day.
  4. basu90_ContributorGetty Images_putin icc Contributor/Getty Images
    1

    Halting the Authoritarian Drift

    Kaushik Basu considers the dynamics that lead political leaders down the road to tyranny, paranoia, and aggression.
  5. khrushcheva165_SERGEI KARPUKHINSPUTNIKAFP via Getty Images_xiputin Sergei Karpukhin/Sputnik/AFP via Getty Images
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    Xi’s the Boss

    Nina L. Khrushcheva says the Chinese leader's recent visit to Moscow was intended, first and foremost, to show who is in charge.
  6. pisaniferry143_FABRICE COFFRINIAFP via Getty Images_johnkerrychina Fabrice Coffrini/AFP via Getty Images
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    Can “Cooperative Rivalry” Work?

    Jean Pisani-Ferry worries that America and China will be unable to find common ground on preserving the global commons.
  7. rajan82_BRENDAN SMIALOWSKIPOOLAFP via Getty Images_jeromepowell Brendan Smialowski/Pool/AFP via Getty Images
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    The Fed’s Role in the Bank Failures

    Raghuram G. Rajan & Viral V. Acharya show how the US central bank's liquidity policies created the conditions for runs on uninsured deposits.
  8. velasco135_Nancy LaneMediaNews GroupBoston Herald via Getty Images_bank run Nancy Lane/MediaNews Group/Boston Herald via Getty Images
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    Policymakers Keep Solving the Wrong Banking Problem

    Andrés Velasco argues that recent market turmoil has revealed that the sector’s main vulnerability is unavoidable.
  9. ito25_Chip SomodevillaGetty Images_yellen Chip Somodevilla/Getty Images
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    An Insolvency Iceberg?

    Takatoshi Ito considers the risk that other banks will experience liquidity problems as interest rates continue to rise.

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