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Paola Subacchi

Paola Subacchi

46 commentaries
4 videos & podcasts

Paola Subacchi, Professor of International Economics at the University of London’s Queen Mary Global Policy Institute, is the author of The Cost of Free Money  (Yale University Press, 2020) and the recent report, China and the Global Financial Architecture: Keeping Two Tracks on One Path.

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  1. The Great Global Crack-Up
    subacchi41_ViaframeGetty Images_worldcrackingglobebreaking Viaframe/Getty Images

    The Great Global Crack-Up

    Mar 8, 2023 Paola Subacchi examines the risks generated by the geopolitics-fueled backlash against economic globalization.

  2. China’s New Direction
    op_subacchi5_CFOTOFuture Publishing via Getty Images_chinadigitalcurrencyecny CFOTO/Future Publishing via Getty Images

    China’s New Direction

    Jan 6, 2023 Paola Subacchi considers the implications of a systemically important country turning its back on the system.

  3. Will Italy’s Turmoil Push Europe Back to the Brink?
    subacchi40_Antonio MasielloGetty Images_italy politics Antonio Masiello/Getty Images

    Will Italy’s Turmoil Push Europe Back to the Brink?

    Jul 26, 2022 Paola Subacchi worries that Mario Draghi’s downfall may threaten the country’s fiscal stability – and the eurozone’s survival.

  4. How to Engage with China
    subacchi39_JIM BOURGAFP via Getty Images_yellenchina Jim Bourg/AFP via Getty Images

    How to Engage with China

    May 27, 2022 Paola Subacchi cautions against efforts to limit multilateral cooperation to countries with shared values and principles.

  5. Italy's Draghi Recovery at Risk
    subacchi38_Alessandra Benedetti - CorbisCorbis via Getty Images_draghi Alessandra Benedetti - CorbisCorbis via Getty Images)

    Italy's Draghi Recovery at Risk

    Jan 17, 2022 Paola Subacchi wonders whether the upcoming presidential election will doom the country’s progress toward economic renewal.

  1. pisaniferry145_ Thierry MonasseGetty Images_eu green deal Thierry Monasse/Getty Images

    Europe’s Climate Quandary

    Jean Pisani-Ferry assesses the inevitable trade-offs the European Union must confront in achieving its clean-energy targets.
  2. basu92_Win McNameeGetty Images_samaltmanopenaisenate Win McNamee/Getty Images

    Governing the Unknown

    Kaushik Basu suggests a few principles to guide policymakers as they try to keep up with rapidly advancing technologies.
  3. oyebanji2_ PIUS UTOMI EKPEIAFP via Getty Images_lassa fever PIUS UTOMI EKPEI/AFP via Getty Images

    Fast-Tracking a Lassa Fever Vaccine

    Oyeronke Oyebanji outlines what West African governments can learn from the development and distribution of the COVID-19 jab.
  4. schleussner1_David McNewGetty Images_heatwave David McNew/Getty Images

    Climate Science Beats Climate Fatalism

    Carl-Friedrich Schleussner, et al. show that the more ambitious 1.5º target for global warming is still feasible – and more necessary than ever.
  5. benami202_Burak KaraGetty Images_erdogan Burak Kara/Getty Images

    Turkey’s Pragmatic Islamist

    Shlomo Ben-Ami expects Recep Tayyip Erdoğan’s latest electoral victory to have little impact on Turkish foreign policy.
  6. sierakowski98_Jaap ArriensNurPhoto via Getty Images_donaldtusk Jaap Arriens/NurPhoto via Getty Images

    Poland's Electoral Inquisition

    Sławomir Sierakowski decries a new law designed to disqualify opposition candidates from running in this year's general election.
  7. stiglitz318_Drew AngererGetty Images_ira Drew Angerer/Getty Images

    Western Industrial Policy and International Law

    Joseph E. Stiglitz

    With recent landmark legislation to support decarbonization and innovation, the United States is making up for lost time after its failed 40-year experiment with neoliberalism. But if it is serious about embracing a new paradigm, it will need to do more to help bring the rest of the world along.

    explains how to minimize the political risks of new spending packages in the US and Europe.
  8. mohan4_STEFANI REYNOLDSAFP via Getty Images_imf STEFANI REYNOLDS/AFP via Getty Images

    The IMF’s Turn to Lead on Climate

    Rakesh Mohan, et al. explain how the International Monetary Fund can best support green investment where it is needed the most.
  9. nye_Joe RaedleGetty Images_trump Joe Raedle/Getty Images

    If Trump Returns

    Joseph S. Nye, Jr.

    What would a second Donald Trump presidency mean for US foreign policy and the world? While the man himself is unpredictable, his first term and his behavior since losing re-election in 2020 offer plenty of clues, none of which will be comforting to America's allies.

    considers the implications of the 2024 presidential election for America's foreign policy and global standing.

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