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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.

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    The Dollar Diplomacy We Need

    Andrew Gallucci explains how America and its allies can counter their rivals’ currency ambitions.
  2. rodrik229_Spencer PlattGettyImages_delivery_workers_rally_nyc Spencer Platt/Getty Images
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    Why Bidenomics Did Not Deliver at the Polls

    Dani Rodrik thinks the Democrats were right to embrace economic populism, but neglected to update it for this century.
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    Anticipating Trump’s Foreign Policy

    Joseph S. Nye, Jr. considers what can be gleaned from the president-elect’s past statements, recent appointments, and US history.
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    What the G20 Can Do for Africa’s Energy Agenda

    Samia Suluhu Hassan explains how climate finance could unleash the continent's economic potential.
  5. akufoaddo2_ CRISTINA ALDEHUELAAFP via Getty Images_ghanavaccine Cristina Aldehuela/AFP via Getty Images
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    The Key to Africa’s Vaccine Sovereignty

    Nana Akufo-Addo urges donor governments to build on successful efforts to boost immunization across the continent.
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    For Developing Economies, the Finance Landscape Has Become a Wasteland

    Indermit Gill shows that current conditions give the world's poorest countries no chance to achieve sustained growth.
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    How Not to React to Donald Trump

    Andrés Velasco calls for more serious thinking by progressives and fewer knee-jerk calls to “abandon neoliberalism.”
  8. acemoglu81_Kent NishimuraGettyImages_capitol_post_protest Kent Nishimura/Getty Images
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    The Fall and Rise of American Democracy

    Daron Acemoglu

    Over time, as American democracy has increasingly fallen short of delivering on its core promises, the Democratic Party has contributed to the problem by catering to a narrow, privileged elite. To restore its own prospects and America’s signature form of governance, it must return to its working-class roots.

     is not surprised that so many voters ignored warnings about the threat Donald Trump poses to US institutions.
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    Enrique Krauze on Baruch Spinoza, the US election, Mexican democracy, and more

    Enrique Krauze considers the responsibility of the state to guarantee freedom, heralds the demise of Mexico’s democracy, highlights flaws in higher-education systems, and more.

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