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Piroska Nagy Mohacsi

Piroska Nagy Mohacsi

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Piroska Nagy Mohacsi is a visiting professor at the London School of Economics and Political Science.

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  1. The EU Must Spare Young Hungarians
    takats2_KAROLY ARVAIAFP via Getty Images_erasmus KAROLY ARVAI/AFP via Getty Images

    The EU Must Spare Young Hungarians

    Jan 20, 2023 Előd Takáts & Piroska Nagy Mohacsi condemn the European Commission’s decision to suspend Erasmus+ and Horizon Europe funding to Hungary.

  2. The New Crisis of Central Banking
    op_blejer1_Chip SomodevillaGetty Images_fed Chip Somodevilla/Getty Images

    The New Crisis of Central Banking

    Feb 4, 2022 Mario I. Blejer & Piroska Nagy Mohacsi worry that policymakers have shirked their traditional function and vastly distorted global markets.

  3. The Quiet Revolution in Emerging-Market Monetary Policy
    nagymohacsi2_Igor KutyaevGetty Images_africamapeconomymarket Igor Kutyaev/Getty Images

    The Quiet Revolution in Emerging-Market Monetary Policy

    Aug 18, 2020 Piroska Nagy Mohacsi shows how current conditions are allowing more central banks than ever to deploy unconventional tools.

  4. The Fatal Flaw of Central Europe’s Illiberal Democracies
    hungary slave law protest FERENC ISZA/AFP/Getty Images

    The Fatal Flaw of Central Europe’s Illiberal Democracies

    Jan 30, 2019 Piroska Nagy Mohacsi says that Hungary's “slave law” highlights right-wing autocrats' inability to revise obsolete growth models.

  1. buiter45_Jabin BotsfordThe Washington Post via Getty Image_jeromepowell Jabin Botsford/The Washington Post via Getty Images

    Price Stability vs. Financial Stability?

    Willem H. Buiter

    If the US Federal Reserve raises its policy interest rate by as much as is necessary to rein in inflation, it will most likely further depress the market value of the long-duration securities parked on many banks' balance sheets. So be it.

    thinks central banks can achieve both, despite the occurrence of a liquidity crisis amid high inflation.
  2. frankel145_ Richard Baker  In Pictures via Getty Images_exchangerates Richard Baker/In Pictures via Getty Images

    Fifty Years of Floating Currencies

    Jeffrey Frankel explains why the shift toward exchange-rate flexibility after 1973 was not a policy failure, as many believed.
  3. harrington34_Drew AngererGetty Images_avril haines Drew Angerer/Getty Images

    What Do America’s Spies Really Think About China?

    Kent Harrington thinks the intelligence community’s annual threat assessment should have delved deeper on the issue.
  4. grafton2_ SIMON MAINAAFP via Getty Images_water SIMON MAINA/AFP via Getty Images

    Waking Up to the World’s Water Crisis

    Quentin Grafton, et al. see three overarching priorities for the first global water conference in almost a half-century.
  5. benami199_BULENT KILICAFP via Getty Images_ukraine BULENT KILIC/AFP via Getty Images

    Peace Requires Betrayal

    Shlomo Ben-Ami shows why Ukraine and Russia will most likely have to pursue an unpopular endgame to stop the bloodshed.
  6. reichlin29_David L. RyanThe Boston Globe via Getty Images_svb David L. Ryan/The Boston Globe via Getty Images

    Lessons from the SVB Collapse

    Lucrezia Reichlin

    Although Silicon Valley Bank was not deemed to be systemically important, its insolvency forced the US Federal Reserve to head off systemic contagion and exposed the inadequacy of the FDIC’s partial deposit insurance regime. The financial-stability framework adopted after the 2008 crisis obviously needs another overhaul.

    considers what the bank’s failure should mean for the current financial-stability framework.
  7. foglia4_kentohGetty Images_bankingregulations kentoh/Getty Images

    It’s the Banking Regulations, Stupid

    Antonio Foglia traces the Silicon Valley Bank failure back to fundamental flaws in the prevailing governance framework.
  8. mazzucato52_Mario TamaGetty Images_water agriculture drought Mario Tama/Getty Images

    Confronting the Global Water Crisis

    Mariana Mazzucato, et al. offer a seven-point blueprint for preserving one of the planet’s most important natural systems.
  9. op_haass3_Chris HondrosGetty Images_iraqwar Chris Hondros/Getty Images

    Revisiting America’s War of Choice in Iraq

    Richard Haass considers the enduring lessons from a foreign intervention that was both ill-conceived and poorly executed.

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