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Lucrezia Reichlin

Lucrezia Reichlin

Writing for PS since 2014
32 commentaries
1 videos & podcasts

Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School and a trustee of the International Financial Reporting Standards Foundation.

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  1. The EU Needs Fiscal Union
    stark9_DANIEL ROLANDAFP via Getty Images_ecb DANIEL ROLAND/AFP via Getty Images

    The EU Needs Fiscal Union

    Sep 25, 2023 Lucrezia Reichlin laments the pro-cyclical bent of the European Commission’s proposed reforms to fiscal rules.

  2. Europe’s Monetary Over-Tightening Trap
    reichlin31_FREDERICK FLORINAFP via Getty Images_christinelagarde Frederick Florin/AFP via Getty Images

    Europe’s Monetary Over-Tightening Trap

    Jul 25, 2023 Lucrezia Reichlin worries that the European Central Bank’s hawkish stance on inflation could cause severe economic damage.

  3. The Fight Over EU Fiscal Reform
    reichlin30_Omar HavanaGetty Images_commission proposal Omar Havana/Getty Images

    The Fight Over EU Fiscal Reform

    Jun 5, 2023 Lucrezia Reichlin shows why the European Commission’s latest proposal, in contrast to its predecessor, solves nothing.

  4. Lessons from the SVB Collapse
    reichlin29_David L. RyanThe Boston Globe via Getty Images_svb David L. Ryan/The Boston Globe via Getty Images

    Lessons from the SVB Collapse

    Mar 17, 2023 Lucrezia Reichlin considers what the bank’s failure should mean for the current financial-stability framework.

  5. Central Banks Should Slow Down
    reichlin28_Sean GallupGetty Images_ecb Sean Gallup/Getty Images

    Central Banks Should Slow Down

    Jan 30, 2023 Lucrezia Reichlin fears the consequences of excessive interest-rate hikes in the US, the UK, and especially the eurozone.

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  1. khrushcheva171_MIKHAIL METZELPOOLAFP via Getty Images_putinkim Mikhail Metzel/Pool/AFP via Getty Images

    Putin and Kim’s Cartoon Summit

    Nina L. Khrushcheva thinks that Russia's recent meeting with North Korea was intended primarily as a warning to the South.
  2. haykel18_MANDEL NGANAFP via Getty Images_mbs Mandel Ngan/AFP via Getty Images

    Saudi Arabia’s New Nationalism

    Bernard Haykel explains the reasoning behind the Kingdom's ongoing domestic- and foreign-policy transformation.
  3. wagner22_Lukas SchulzeGetty Images_pollution Lukas Schulze/Getty Images

    The Green Growth Mindset

    Gernot Wagner sees doctrinaire debates about capitalism as irrelevant or even deleterious to the decarbonization effort.
  4. mallochbrown17_GIANLUIGI GUERCIAAFP via Getty Images_africawomenpolitics Gianluigi Guercia/AFP via Getty Images

    Africa Is the Future of Multilateralism

    Mark Malloch-Brown explains why the continent should be at the forefront of efforts to bring about international reforms.
  5. op_yi2_PEDRO PARDOAFP via Getty Images_chinahousing Pedro Pardo/AFP via Getty Images

    A Chinese Bubble Long in the Making

    Yi Fuxian

    The Chinese government is very good at covering up small problems, but these often pile up into much bigger ones that can no longer be ignored. The current real-estate bubble is a case in point, casting serious doubts not just on the wisdom of past policies but also on China's long-term economic future.

    traces the long roots of the country's mounting economic and financial problems.
  6. bp industrial policy Photo by Scott Olson/Getty Images

    Industrial Policy Is Back

    From semiconductors to electric vehicles, governments are identifying the strategic industries of the future and intervening to support them – abandoning decades of neoliberal orthodoxy in the process. Are industrial policies the key to tackling twenty-first-century economic challenges or a recipe for market distortions and lower efficiency?

  7. fischer208_DrAfter123Getty Images_AIhuman DrAfter123/Getty Images

    Is AI a Master or Slave?

    Joschka Fischer wonders whether humanity can even hope to maintain control in an era of “mega-crisis.”
  8. haldar25_BettmannGetty Images_friedmanreagan Bettmann/Getty Images

    Laying Chicago Economics to Rest

    Antara Haldar

    From breakthroughs in behavioral economics to mounting evidence in the real world, there is good reason to think that the economic orthodoxy of the past 50 years now has one foot in the grave. The question is whether the mainstream economics profession has gotten the memo.

    looks back on 50 years of neoclassical economic orthodoxy and the damage it has wrought.
  9. delong254_ Samuel CorumGetty Images_january6riot Samuel Corum/Getty Images

    America’s Broken Civic Bargain

    J. Bradford DeLong worries that Republicans have abandoned one of the core principles that sustains a democracy over time.

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