The magazine of international economic policy.

FROM THE LATEST ISSUE 

Is France in Trouble?

What happens to the French economy—now struggling with high levels of both public and corporate debt—if the European Central Bank follows its narrow mandate and raises short-term interest rates in an attempt to hit a 2 percent inflation target? The ECB could face a situation where securing the state’s solvency is given priority over inflation fighting, forcing the central bank to monetize the public debt.

A symposium of views

Featuring commentary by Anders Åslund, Josef Braml, Willem Buiter, Charles W. Calomiris, Sylvain Catherine, Lorenzo Codogno, Bernard Connolly, Arnab Das, Joseph E. Gagnon, Brigitte Granville, Steven B. Kamin, Marcel Kasumovich, Francis J. Kelly, Moritz Kraemer, Thomas Mayer, Thomas Mirow, Piroska Nagy Mohácsi, Philippe Riès, Holger Schmieding, Gunther Schnabl, Neil Shearing, Chen Zhao, and Klaus F. Zimmermann.

Thriving in Today’s Age of Abundance

What Europeans can teach the rest of the world.

By Kenneth Rogoff

Remembering Greenspan

What made the Maestro unique? TIE asked several long-time contributors to single out one attribute from his many years of public service that they believe made the late Fed Chair Alan Greenspan one of a kind.

A symposium of views

Featuring commentary by Lorenzo Bini Smaghi, Jacques de Larosière, Otmar Issing, Steven B. Kamin, Edwin M. Truman, and Janet L. Yellen.

The Bloated Fed Balance Sheet That Isn’t

It’s all an accounting illusion.

By Biagio Bossone and Massimo Costa

Stablecoins: Modern Money

The debate over monetary architecture in the digital age.

By Dante Disparte

Could AI Enhance Dollar Dominance?

The emergence of an energy-compute dollar loop.

By Chenxu Fu and Xianguo Huang

What U.S. Golden Age?

Waiting for Donald Trump to deliver.

By Desmond Lachman

Greece Takes on Corruption

The reform movement’s uphill battle.

By Charles W. Calomiris

Does Europe Have a Credible Tech Gameplan?

Is the new Tech Sovereignty Package enough?

By Giorgos Verdi

The End of an Era

We need a new discourse on American internationalism.

By Mansoor Dailami

Off the News

From the Founder

Goodbye, Maestro. Some personal thoughts on Alan Greenspan.

David M. Smick

View from the Beltway

Lessons for Kevin. What Kevin Warsh can learn from legendary Fed chair Alan Greenspan’s successes and failures.

By Owen Ullmann