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Philip Turner

Philip Turner

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Philip Turner, a visiting lecturer at the University of Basel, is a visitor at the National Institute of Economic and Social Research in London. He was previously a deputy head of the Monetary and Economic Department and a member of senior management at the Bank for International Settlements.

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  1. Central Banking With a Straight Face
    pturner2_Chip SomodevillaGetty Images_fed Chip SomodevillaGetty Images

    Central Banking With a Straight Face

    Oct 18, 2021 Philip Turner examines the risks and rewards of devising new monetary-policy tools for pursuing novel objectives.

  2. Containing the Dollar Credit Crunch
    pturner1_Ca-ssisGettyImages_coronavirus Ca-ssis/GettyImages

    Containing the Dollar Credit Crunch

    Mar 18, 2020 Philip Turner warns that non-US corporations are sitting on a crumbling mountain of dollar-denominated bonds.

  1. bremmer35_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_biden zelensky ANDREW CABALLERO-REYNOLDS/AFP via Getty Images
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    Ukraine Needs Security Guarantees

    Ana Palacio views NATO as the only institution that can credibly safeguard the country’s sovereignty in the long term.
  2. bremmer35_getty images_ai governance Getty Images
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    AI Is a Rare Bright Spot for Global Governance

    Ian Bremmer & Marietje Schaake

    A new Global Digital Compact rests on the insight that while AI can be a game-changing technology, managing its far-reaching potential requires a new global infrastructure and robust mechanisms to manage the risks. At a time when multilateralism is faltering, global cooperation remains possible.

     herald a new global compact that aims to manage the technology’s risks and unlock its potential.
  3. Renminbi bank notes Si Wei/Xinhua via ZUMA Wire
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    What US Interest-Rate Cuts Mean for China

    Andrew Sheng & Xiao Geng point out that the Federal Reserve’s monetary easing gives Chinese policymakers room to fight deflation.
  4. dahn1_Mark WilsonGetty Images_USfederalreserve Mark Wilson/Getty Images
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    Enjoy the Soft Landing

    J. Bradford DeLong marvels at the continued strength of the US economy following rapid monetary-policy tightening.
  5. gros190_ANDER GILLENEAAFP via Getty Images_solar panels ANDER GILLENEA/AFP via Getty Images
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    Policymakers’ Green-Tech Fantasy

    Daniel Gros refutes the widespread belief that renewables-related industries could form the foundation of a major economy.
  6. stiglitz331_serggnGetty Images_techregulation serggn/Getty Images
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    Marietje Schaake on our tech overlords, antitrust, data protection, and more

    Marietje Schaake warns that Big Tech’s outsize influence threatens democracy, suggests what Western leaders can learn from Chinese technology governance, urges governments to use public procurement to influence the trajectory of digital technology, and more.
  7. fischer211_MAHMUD HAMSAFP via Getty Images_israel MAHMUD HAMS/AFP via Getty Images
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    Capitalizing on the Weakening of Hamas and Hezbollah

    Dennis Ross

    The massive losses suffered by Hezbollah and Hamas – and the weakening of Iran’s so-called “axis of resistance” – needs to be seen in strategic terms. Put simply, it creates an opening to transform for the better not just Gaza and Lebanon but also much of the region.

     thinks Israel’s decimation of Iran’s proxies in Gaza and Lebanon must be viewed in strategic terms.
  8. buruma218_ JACK GUEZAFP via Getty Images_crisis israel JACK GUEZ/AFP via Getty Images
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    Warrior Nations of the Middle East

    Ian Buruma shows how shame and humiliation have shaped national identities that countenance further killing.
  9. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images
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    What Would Victory in Ukraine Look Like?

    Joseph S. Nye, Jr. considers what kind of peace settlement Ukraine might be able to accept in the near term.

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