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Otmar Issing

Otmar Issing

16 commentaries

Otmar Issing, former chief economist and member of the board of the European Central Bank, is Honorary President of the Center for Financial Studies at Goethe University Frankfurt.

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  1. Can the ECB Escape Its Own Trap?
    issing16_Andreas RentzGetty Images_christinelagarde Andreas Rentz/Getty Images

    Can the ECB Escape Its Own Trap?

    Jun 7, 2023 Otmar Issing examines the policy dilemma facing central banks as they try to shrink their bloated balance sheets.

  2. The ECB’s Political Overreach
    issing15_Boris Roesslerpicture alliance via Getty Images_ecb Boris Roessler/picture alliance via Getty Images

    The ECB’s Political Overreach

    Jul 27, 2022 Otmar Issing thinks a new asset-purchase program will push the central bank further into a domain where it doesn't belong.

  3. The High Stakes of Rising Inflation
    issing14_OLIVIER DOULIERYAFP via Getty Images_fed reserve inflation OLIVIER DOULIERYAFP via Getty Images

    The High Stakes of Rising Inflation

    Nov 30, 2021 Otmar Issing warns that growing pressure on prices is a global phenomenon, posing a crucial test for central banks.

  4. The Return of Inflation?
    issing13_Getty Images_inflation Getty Images

    The Return of Inflation?

    Jul 16, 2021 Otmar Issing worries that central banks are ignoring potential new sources of upward price pressure and uncertainty.

  5. The MMT Myth
    issing12_matthiashaas_getty Images_printing money mmt Matthias Haas/Getty Images

    The MMT Myth

    Nov 3, 2020 Otmar Issing explains why Modern Monetary Theory amounts to (poisonous) old wine in a new bottle.

  1. kanem7_pishitGetty Images_corporate woman pishit/Getty Images

    Supporting Sexual and Reproductive Health Is Good Business

    Natalia Kanem argues that investing in employees’ well-being will help companies attract and retain top talent.
  2. patten167_Ricky VigilGetty Images_keirstarmer Ricky Vigil/Getty Images

    Can Democracy Win in 2024?

    Chris Patten highlights the challenges mainstream parties face as they try to boost growth and improve public services.
  3. pisaniferry147_EMMANUEL DUNANDAFP via Getty Images_frenchelection Emmanual Dunand/AFP via Getty Images

    Finding a New French Majority

    Jean Pisani-Ferry assesses what must happen to form a stable government after an election that produced a hung parliament.
  4. rodrik211_Xu WeijieVCG via Getty Images_chinashipbuilding Xu Weijie/VCG via Getty Images

    Industrial Policy Is Back. Now What?

    How to design effective industrial policies has suddenly become a hot – and divisive – topic among economists and policymakers. Even those who agree that governments should intervene in the economy to bolster productivity, increase competitiveness, and tackle social and environmental challenges differ sharply on the details.

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    The Big Picture

  6. op_stiglitz7_Elizabeth ServatynskaSuspilne UkraineJSC UAPBCGlobal Images Ukraine via Getty Images_ukrainereconstruction Elizabeth Servatynska/Suspilne Ukraine/JSC/ UAPBC/Global Images Ukraine via Getty Images

    The Way Forward for Ukraine’s Economy

    Joseph E. Stiglitz & Andrew Kosenko

    With sufficient assistance from the West, Ukraine will prevail over its much larger and richer authoritarian neighbor. But to enjoy the fruits of victory, it will have to move faster in its transition from a post-communist oligarchy, while being careful to resist the siren call of free-market fundamentalism.

    offer a roadmap for guiding the country's recovery and reconstruction during and after the war.
  7. robinson18_Alexis RosenfeldGetty Images_biodiversity Alexis Rosenfeld/Getty Images

    Rich Countries Must Meet Their Biodiversity Financing Pledges

    Mary Robinson urges international policymakers to use the upcoming COP16 summit to close the nature-finance gap.
  8. sstokes4_Scott OlsonGetty Images_trump Scott Olson/Getty Images

    Inequality Spurs Democratic Backsliding

    Susan Stokes shows that countries with fairer economies are less likely to succumb to authoritarian populism.
  9. rajan93_cienpiesGetty Images_inflation cienpies/Getty Images

    Bracing for a More Inflationary World

    Raghuram G. Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term.

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