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Stefan Gerlach

Stefan Gerlach

12 commentaries

Stefan Gerlach, Chief Economist of EFG Bank in Zurich, is a former executive director of the Hong Kong Monetary Authority and a former deputy governor of the Central Bank of Ireland.

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  1. Inflation Targeting Isn’t for Everyone
    gerlach12_ROSLAN RAHMANAFP via Getty Images_MAS ROSLAN RAHMAN/AFP via Getty Images

    Inflation Targeting Isn’t for Everyone

    Mar 7, 2024 Stefan Gerlach thinks small, open economies would do better with strategies tailored to their own unique circumstances.

  2. Crunch Time for Central Banks
    gerlach11_getty images_green finance Getty Images

    Crunch Time for Central Banks

    Sep 15, 2020 Stefan Gerlach urges monetary policymakers to respond to shifting public sentiment on inequality and the environment.

  3. Who Can Influence the ECB?
    gerlach10_Sean GallupGetty Images_ECBsignbuilding Sean Gallup/Getty Images

    Who Can Influence the ECB?

    Oct 4, 2019 Stefan Gerlach urges eurozone governments not to nominate inflexible candidates to the European Central Bank's Executive Board.

  4. It’s Time for the ECB to Put QE on Hold
    gerlach9_Ralph OrlowskiGetty Images_eurozone Ralph Orlowski/Getty Images

    It’s Time for the ECB to Put QE on Hold

    Sep 9, 2019 Stefan Gerlach argues that the eurozone does not need additional monetary stimulus for the time being.

  5. Lagarde’s ECB Checklist
    gerlach8_SAULLOEBAFPGettyImages_christinelagardeblacksuit Saul Loeb/AFP/Getty Images

    Lagarde’s ECB Checklist

    Jul 26, 2019 Stefan Gerlach lists five steps that the European Central Bank's next president should take now and on taking office in November.

  1. tbhattacharya1_MONEY SHARMAAFP via Getty Images_indiahospitalmother MOney Sharma/AFP via Getty Images

    Can Private Hospitals Increase Access to Health Care in Developing Countries?

    Titir Bhattacharya & Tanika Chakraborty show how innovative insurance schemes can help low- and middle-income economies achieve universal coverage.
  2. fengler1_Alina SmutkoSuspilne UkraineJSC UAPBCGlobal Images Ukraine via Getty Images_ukrainereconstruction Alina Smutko/Suspilne Ukraine/JSC UAP/BCGlobal Images Ukraine via Getty Images

    Tracking Ukraine’s Reconstruction Funds

    Wolfgang Fengler & Vladyslav Rashkovan show how digital tools can streamline the process, improve transparency, and provide accountability.
  3. muzikarova6_VLADIMIR SIMICEKAFP via Getty Images_fico Vladimir Simicek/AFP via Getty Images

    Slovakia’s Anti-Democratic Government Is Doubling Down

    Soňa Muzikárová warns that the assassination attempt in May has led the government to double down on illiberal reforms.
  4. skidelsky202_BettmannGetty Images_d-day Bettmann/Getty Images

    D-Day and the Threat of Total War

    Robert Skidelsky

    After eight decades of relative peace, the world is once again dividing into hostile economic and geopolitical blocs. The 80th anniversary of the invasion of Normandy offers a valuable opportunity to reflect on the principles we are willing to defend and the sacrifices we are prepared to make.

    thinks understanding the causes and consequences of past global conflicts is crucial to preventing another one.
  5. obstfeld4_Jabin BotsfordThe Washington Post via Getty Images_trumplighthizer Jabin Botsford/The Washington Post via Getty Images

    The Dangers of a US Capital Inflow Tax

    Maurice Obstfeld worries that a little-known, highly costly method of deficit reduction is gaining political traction.
  6. beaufils1_ Alain DENANTESGamma-Rapho via Getty Images_solar panels Alain DENANTES/Gamma-Rapho via Getty Images

    Europe’s Green Transition Requires More Skilled Workers

    Julie Beaufils urges policymakers to boost the attractiveness of technical vocations by expanding access to apprenticeships.
  7. volz8_iStock  Getty Images Plus_global finance iStock / Getty Images Plus
    Free to read

    A Monetary and Economic Order Fit for the Twenty-First Century

    Ulrich Volz, et al. identify eight priorities to build a more resilient, inclusive, and sustainable global financial architecture.
  8. ghazouani1_YANICK FOLLYAFP via Getty Images_africachildren Yanick Folly/AFP via Getty Images

    Putting Africa on the Path to Prosperity

    Mohamed Ould Ghazouani & Ajay Banga

    Creating a world free of poverty on a livable planet hinges on boosting growth and creating jobs in Africa. At this week's G7 summit, leaders must focus on how they can help African countries achieve these goals, which will require a strategy based on five key priorities.

    urge the G7 to focus on the continent’s future, and on five priorities in particular, at this week’s summit.
  9. op_benami1_LOUAI BESHARAAFP via Getty Images_syriaconflict Louai Beshara/AFP via Getty Images

    Anatomy of a Massacre

    Shlomo Ben-Ami considers what the 1860 massacre of Christians in Damascus can and cannot teach us about preventing genocide.

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