Bruegel

Quantitative tightening in the euro area

Why has the ECB decided to implement this policy? In March 2023, the European Central Bank (ECB) launched its quantitative tightening (QT) policy, to unwind its portfolio of assets that resulted from its quantitative easing…

Assessing Europe’s strategy on critical raw materials

What role do critical raw materials play in the EU’s industrial policy? The Critical Raw Materials Act, proposed by the European Commission on the 16 March 2023, sets clear benchmarks for domestic capacities along the…

The Belt and Road Initiative 2.0 is all about security

When the Belt and Road Initiative (BRI) was first announced in 2013, its official objective was to improve connectivity. However, many things have happened since then, from the US-China trade war to US containment of…

Europe’s gas outlook for 2023

Is Europe's Energy Crisis over? Europe has survived the energy crisis in the past year; however, it is time to look forward and prepare for winter 2023-24. In this episode of The Sound of Economics,…

What China’s reopening will mean for the global economy

A timely discussion about the reopening of China after the zero-Covid policy and its implications on the global economy As China moves closer to fully re-emerging from three years of government imposed Covid isolation and…

How should Europe react to the Inflation Reduction Act?

A deep dive into the IRA and its expected impact on the world trade system. The Inflation Reduction Act (IRA) of 2022 is a milestone in US climate policy. Unfortunately, it also contains protectionist elements,…

Is deglobalisation already happening?

Is the world witnessing a shift away from Hyper-globalisation to Deglobalisation? In this episode of The Sound of Economics, Giuseppe Porcaro invites Uri Dadush to discuss whether deglobalisation is happening worldwide. They discuss the impacts of this on the…

The Élysée Treaty: 60 years on

A review of Franco-German relations on the anniversary of the Élysée treaty. It has been 60 years since the foundation of the Élysée Treaty, which was signed on the 22 January 1963. The treaty aimed…

A decade of economic policy

Guntram Wolff looks back at the past decade of Bruegel contribution to economic policy in Europe. As his time as Bruegel Director comes to an end, Guntram Wolff sits down with Giuseppe Porcaro to discuss the highs, lows and…