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Curated by Project Syndicate

Introducing Draghinomics

10 commentaries

Faced with bleak economic data, European Central Bank President Mario Draghi appears ready to discard the orthodox policymaking rule book, much like Shinzo Abe in Japan. But can Draghi's recent call for a combination of structural reform, fiscal and monetary stimulus, and the removal of supply-side bottlenecks gain the necessary political support, and would his prescription work?

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  1. Facing Reality in the Eurozone
    Mario Draghi ECB Governing Council ECB/Flickr

    Facing Reality in the Eurozone

    Sep 8, 2014 Adair Turner hails ECB President Mario Draghi's call for fiscal stimulus.

  2. Abenomics, European-Style
    Mario Draghi ECB conference ECB/Flickr

    Abenomics, European-Style

    Aug 31, 2014 Nouriel Roubini supports ECB President Mario Draghi's plan to revive eurozone growth.

  3. Europe According to Draghi
    Mario Draghi ECB/Flickr

    Europe According to Draghi

    Aug 31, 2014 Jean Pisani-Ferry praises the ECB president for challenging key pillars of eurozone orthodoxy.

  4. The Greater Depression
    recession in us Anjan Chatterjee/Flickr

    The Greater Depression

    Aug 28, 2014 J. Bradford DeLong argues that it is time to call what is happening in Europe and the US by its true name.

  5. Europe’s Surplus of Stagnation
    Euros and Dollar mightykenny/Flickr

    Europe’s Surplus of Stagnation

    Jul 23, 2014 Robert Skidelsky takes Germany to task over its refusal to address its massive current-account surplus.

  6. Looking Beyond Juncker
    Jean-Claude Juncker European People's Party © European People's Party

    Looking Beyond Juncker

    Jun 27, 2014 Howard Davies identifies three urgent and interlinked tasks that European leaders need to complete.

  1. op_schell1_Andrea VerdelliGetty Images_xijinping Andrea Verdelli/Getty Images

    Xi Jinping’s Chinese Tragedy

    Orville Schell interviewed by Irena Grudzińska Gross

    Like Vladimir Putin, China's leader is so steeped in a narrative of victimhood and fearful of appearing weak that it is hard to imagine him ever leading China out of the mess he has created. He could well be remembered as the leader who squandered history's most remarkable economic success story.

    about the country's increasingly worrisome trajectory, both at home and abroad.
  2. zizek16_ Frank Rumpenhorstpicture alliance via Getty Images_chatbot Frank Rumpenhorst/picture alliance via Getty Images

    Artificial Idiocy

    Slavoj Žižek fears that the rise of powerful chatbots will spell the death of irony and nuance in human thought.
  3. kabubomariara1_Per-Anders Pettersson  Contributor Getty Images_research africa Per-Anders Pettersson / Contributor Getty Images

    Localizing Development Research

    Julia Kaufman & Jane Wanjiku Mariara explain why funders should be providing more long-term resources to researchers in developing countries.
  4. eeckhout1_Feature ChinaFuture Publishing via Getty Images_digitalrenminbi Feature China/Future Publishing via Getty Images

    The Simplest Fix for Banking

    Jan Eeckhout

    Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all.

    explains how central bank digital currencies would end bank runs and banks' excessive risk-taking.
  5. chellaney161_ARUN SANKARAFP via Getty Images_blinken lavrov ARUN SANKAR/AFP via Getty Images

    America’s Interest in Ending the Ukraine Crisis

    Brahma Chellaney explains why prolonging the conflict risks realizing the West’s worst geopolitical nightmare.
  6. krueger61_Tom WilliamsCQ-Roll Call, Inc via Getty Images_Intelsemicronductors Tom Williams/CQ-Roll Call, Inc via Getty Images

    America’s Industrial Policy Is Counterproductive

    Anne O. Krueger laments that the Biden administration is adding red tape to an inefficient subsidy program.
  7. braham1_YURI CORTEZAFP via Getty Images_informal workers YURI CORTEZ/AFP via Getty Images

    Who Gets Squeezed by Austerity?

    Christy Braham urges governments to reject calls for budget cuts and invest in the welfare of billions of vulnerable workers.
  8. davies85_ Justin SullivanGetty Images_sanfranciscofed Justin Sullivan/Getty Images

    America’s Financial Regulatory System Is Still Broken

    Howard Davies laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings.
  9. fayolle3_MUNIR UZ ZAMANAFP via Getty Images_drinking water MUNIR UZ ZAMAN/AFP via Getty Images

    The Water Crisis Is a Vital Investment Opportunity

    Ambroise Fayolle & Henk Ovink calls for new thinking about how we value the planet’s most important natural resource.

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