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Clemens Fuest

Clemens Fuest

11 commentaries
1 videos & podcasts

Clemens Fuest, President of the Ifo Institute, is Professor of Economics at the University of Munich.

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  1. Climate Adaptation Is as Imperative as Mitigation
    fuest11_ STRAFP via Getty Images_flood STR/AFP via Getty Images

    Climate Adaptation Is as Imperative as Mitigation

    Aug 22, 2024 Clemens Fuest & Maria Waldinger urge governments and businesses to help communities adjust to the inevitable consequences of global warming.

  2. Europe Must Avoid a Subsidy Race
    fuest10_ Alberto OrtegaEuropa Press via Getty Images_europeenergy Alberto Ortega/Europa Press via Getty Images

    Europe Must Avoid a Subsidy Race

    Oct 12, 2022 Clemens Fuest worries that national governments will move ahead with beggar-thy-neighbor energy policies.

  3. How to Tax Energy Companies’ Windfall Profits
    op_fuest1_ INA FASSBENDERAFP via Getty Images_electricity Ina Fassbender/AFP via Getty Images

    How to Tax Energy Companies’ Windfall Profits

    Oct 7, 2022 Clemens Fuest & Axel Ockenfels consider the underappreciated difficulties of implementing new levies without creating unwanted side effects.

  4. The ECB’s Toxic Bond-Purchase Program
    feld2_Jim DysonGetty Images_euros tpi Jim Dyson/Getty Images

    The ECB’s Toxic Bond-Purchase Program

    Jul 27, 2022 Lars P. Feld, et al. warn that the European Central Bank’s new anti-fragmentation instrument risks destabilizing the eurozone.

  5. Don’t Raise the Eurozone’s Public-Debt Limit
    fuest8_Adam BerryGetty Images_eu public debt Adam Berry/Getty Images

    Don’t Raise the Eurozone’s Public-Debt Limit

    Jun 15, 2022 Clemens Fuest urges policymakers to focus on increasing the quality, not the quantity, of public spending.

  1. zuckermarques2_Alet PretoriusGallo Images via Getty Images_africadebtprotest Alet Pretorius/Gallo Images via Getty Images
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    The World Needs Bigger and Better Financial Firefighters

    Marina Zucker-Marques & Kevin P. Gallagher call for reforms to make the IMF and the World Bank larger, more equitable, and less focused on austerity.
  2. skidelsky205_ BEN STANSALLAFP via Getty Images_starmer BEN STANSALL/AFP via Getty Images
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    Britain’s Illusory Fiscal Black Hole

    Robert Skidelsky makes the case that policymakers should focus on stimulating economic growth rather than on budget cuts.
  3. mena2_Pallava BaglaCorbis via Getty Images_methane Pallava Bagla/Corbis via Getty Images
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    The Need for Methane Targets

    Marcelo Mena & Sarah Ann Smith urge China and the United States to take the lead in committing to cut emissions from super pollutants.
  4. goldberg31_Caitlin O'Hara for The Washington Post via Getty Images_TSMCarizona Caitlin O'Hara for The Washington Post via Getty Images
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    What a Successful Industrial Policy Needs

    Pinelopi Koujianou Goldberg

    New research on the importance of cross-border knowledge and technology spillovers suggests that government support alone cannot guarantee success in an industry. That is why Taiwan and South Korea's semiconductor industrial policies succeeded, while China's has not.

     demonstrates that while subsidies can help, knowledge and technology transfers are crucial.
  5. zhang68_Jiang QimingChina News ServiceVCG via Getty Images_PBOC Jiang Qiming/China News Service/VCG via Getty Images
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    China’s Commitment to Constant Adaptation and Structural Transformation

    Zhang Jun explains why the government insists on combining efforts to expand domestic demand with supply-side reforms.
  6. ayers1_Indranil AdityaNurPhoto via Getty Images_indiaheatwavewoman Indranil Aditya/NurPhoto via Getty Images
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    Helping Women Adapt to Extreme Heat Helps Us All

    Jess Ayers & Helen Mountford urge the public and private sectors to work together to scale up innovations such as heat-wave insurance.
  7. afrasmussen20_YASUYOSHI CHIBAAFP via Getty Images_ukrainesoldier Yasuyoshi Chiba/AFP via Getty Images
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    Achieving Peace Through Strength in Ukraine

    Anders Fogh Rasmussen & Andriy Yermak

    To secure a lasting peace, Ukraine’s allies must make Vladimir Putin understand that he cannot dictate the terms. Guaranteeing Ukraine’s security will require increased military support, a clear path to NATO membership, and international support for President Volodymyr Zelensky’s peace plan.

     outline steps that global leaders can take to ensure a Ukrainian victory and deter future Russian aggression.
  8. zadek30_Jonas GratzerLightRocket via Getty Images_bioplastic Jonas Gratzer/LightRocket via Getty Images
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    Only a Sustainable Bioeconomy Can Save Us

    Simon Zadek argues that investing in biodiversity while the global economy continues to over-exploit resources is futile.
  9. stiglitz341_Celal GunesAnadolu Agency via Getty Images_IMF Celal Gunes/Anadolu Agency via Getty Images
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    The IMF Must End Its Destructive Surcharges

    Joseph E. Stiglitz, et al. decry the counterproductive practice of imposing additional fees on countries in debt distress.

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