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Otmar Issing

Otmar Issing

16 commentaries

Otmar Issing, former chief economist and member of the board of the European Central Bank, is Honorary President of the Center for Financial Studies at Goethe University Frankfurt.

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  1. Can the ECB Escape Its Own Trap?
    issing16_Andreas RentzGetty Images_christinelagarde Andreas Rentz/Getty Images

    Can the ECB Escape Its Own Trap?

    Jun 7, 2023 Otmar Issing examines the policy dilemma facing central banks as they try to shrink their bloated balance sheets.

  2. The ECB’s Political Overreach
    issing15_Boris Roesslerpicture alliance via Getty Images_ecb Boris Roessler/picture alliance via Getty Images

    The ECB’s Political Overreach

    Jul 27, 2022 Otmar Issing thinks a new asset-purchase program will push the central bank further into a domain where it doesn't belong.

  3. The High Stakes of Rising Inflation
    issing14_OLIVIER DOULIERYAFP via Getty Images_fed reserve inflation OLIVIER DOULIERYAFP via Getty Images

    The High Stakes of Rising Inflation

    Nov 30, 2021 Otmar Issing warns that growing pressure on prices is a global phenomenon, posing a crucial test for central banks.

  4. The Return of Inflation?
    issing13_Getty Images_inflation Getty Images

    The Return of Inflation?

    Jul 16, 2021 Otmar Issing worries that central banks are ignoring potential new sources of upward price pressure and uncertainty.

  5. The MMT Myth
    issing12_matthiashaas_getty Images_printing money mmt Matthias Haas/Getty Images

    The MMT Myth

    Nov 3, 2020 Otmar Issing explains why Modern Monetary Theory amounts to (poisonous) old wine in a new bottle.

  1. kuleba1_DIMITAR DILKOFFAFP via Getty Images_ukrainewar Dimitar Dilkoff/AFP via Getty Images

    Europe and the World Need Ukraine to Prevail

    Dmytro Kuleba & Josep Borrell

    Ukrainians, Europeans, and others around the world all have an interest in opposing the kind of war of aggression that Russia launched two years ago. Failing to support Ukraine now would invite a return to the dark past of military aggression, imperialism, and colonialism – and not just in Europe.

    remind everyone of the stakes in Russia's war of aggression, as it enters its third year.
  2. burek1_LARS HAGBERGAFP via Getty Images_bitcoin blockchain LARS HAGBERG/AFP via Getty Images

    Is Blockchain Ready for Primetime?

    Josh Burek considers whether the technology has checked all the boxes needed to achieve wider adoption.
  3. bildt120_VASILY MAXIMOVAFP via Getty Images_navalny VASILY MAXIMOV/AFP via Getty Images

    Russia Will Honor Navalny Someday

    Carl Bildt reflects on the murdered opposition leader’s success in challenging Vladimir Putin’s regime.
  4. fischer213_Michael JacobsArt in All of UsCorbis via Getty Images_euflag Michael Jacobs/Art in All of Us/Corbis via Getty Images

    Europe Is Home Alone

    Joschka Fischer thinks the threats to European security have become too great for the status quo to bear.
  5. basu99_Spencer PlattGetty Images_tax wealth Spencer Platt/Getty Images

    Economic Possibilities for Our Overworked Grandchildren

    Kaushik Basu shows how it is possible to redistribute income from the rich to the poor without undermining individual incentives.
  6. brown105_FABRICE COFFRINIAFP via Getty Images_who Fabrice Coffrini/AFP via Getty Images

    Empowering the Pandemic Accord

    Gordon Brown warns that lies could undermine efforts to create a global pact for fighting infectious-disease outbreaks.
  7. schwarzer8_Sven Hoppepicture alliance via Getty Images_zelensky msc Sven Hoppe/picture alliance via Getty Images

    Will Europe Ever Get Serious About Defense?

    Daniela Schwarzer

    At this year’s Munich Security Conference, European leaders missed yet another opportunity to show how they plan to strengthen NATO’s European pillar and develop a robust European defense industry. Yet with the prospect of another Donald Trump presidency looming, there can be no room for such failures.

    laments the lack of a strong, coordinated message at the latest Munich Security Conference.
  8. ibanez1_ Diego CupoloNurPhoto via Getty Images_lac inequality Diego Cupolo/NurPhoto via Getty Images

    Rethinking Inequality in Latin America

    Ana María Ibáñez highlights new research showing that the problem is neither as predictable nor as static as many believe.
  9. arezki18_MARCO LONGARIAFP via Getty Image_africarenewable Marco Longari/AFP via Getty Images

    Africa’s Shifting Economic Paradigm

    Rabah Arezki urges policymakers to pursue reforms to promote competition and boost domestic consumption.

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