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Stefan Gerlach

Stefan Gerlach

11 commentaries

Stefan Gerlach is Chief Economist at EFG Bank in Zurich and a former deputy governor of the Central Bank of Ireland. He is also a former Executive Director and Chief Economist of the Hong Kong Monetary Authority and Secretary to the Committee on the Global Financial System at the BIS.

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  1. Crunch Time for Central Banks
    gerlach11_getty images_green finance Getty Images

    Crunch Time for Central Banks

    Sep 15, 2020 Stefan Gerlach urges monetary policymakers to respond to shifting public sentiment on inequality and the environment.

  2. Who Can Influence the ECB?
    gerlach10_Sean GallupGetty Images_ECBsignbuilding Sean Gallup/Getty Images

    Who Can Influence the ECB?

    Oct 4, 2019 Stefan Gerlach urges eurozone governments not to nominate inflexible candidates to the European Central Bank's Executive Board.

  3. It’s Time for the ECB to Put QE on Hold
    gerlach9_Ralph OrlowskiGetty Images_eurozone Ralph Orlowski/Getty Images

    It’s Time for the ECB to Put QE on Hold

    Sep 9, 2019 Stefan Gerlach argues that the eurozone does not need additional monetary stimulus for the time being.

  4. Lagarde’s ECB Checklist
    gerlach8_SAULLOEBAFPGettyImages_christinelagardeblacksuit Saul Loeb/AFP/Getty Images

    Lagarde’s ECB Checklist

    Jul 26, 2019 Stefan Gerlach lists five steps that the European Central Bank's next president should take now and on taking office in November.

  5. The ECB Needs to Explain Itself
    gerlach7_GEORGESgOBETAFPGettyImages_legarderehntalkingatconference Georges Gobet/AFP/Getty Images

    The ECB Needs to Explain Itself

    Jul 8, 2019 Stefan Gerlach calls for the European Central Bank to clarify numerous ambiguities about its monetary-policy strategy.

  1. lappe1_Sjoerd van der WalGetty Images_farming Sjoerd van der Wal/Getty Images
    Free to read

    Decarbonizing Our Food

    Anna Lappé & Patty Fong show that two of the sectors most relevant to climate change are more interlinked than many realize.
  2. mazzucato59_EDUARDO SOTERASAFP via Getty Images_water insuecurity EDUARDO SOTERAS/AFP via Getty Images

    Water and the High Price of Bad Economics

    Mariana Mazzucato, et al. explain why new thinking is needed to address a crisis closely linked to climate change and biodiversity loss.
  3. bloomberg6_Getty Images_cop28 Getty Images

    At COP28, Cities Will Show Us the Way

    Michael R. Bloomberg & Yvonne Aki-Sawyerr call attention to subnational efforts to drive climate-change mitigation and adaptation efforts.
  4. op_mkurz2_GREG BAKERAFP via Getty Images_apple GREG BAKER/AFP via Getty Images

    Market Power Is Permanent, and Technological Competition Does Not Remove It

    Mordecai Kurz

    Rather than reducing concentrated market power through “disruption” or “creative destruction,” technological innovation historically has only added to the problem, by awarding monopolies to just one or a few dominant firms. Moreover, market forces offer no remedy to the problem; only public policy can provide that.

    shows that technological change leads not to disruption, but to deeper, more enduring forms of market power.
  5. sierakowski103_WOJTEK RADWANSKIAFP via Getty Images_pis WOJTEK RADWANSKI/AFP via Getty Images

    Poland’s Democratic Rebirth Pains

    Sławomir Sierakowski describes the rapid marginalization of the recently defeated Law and Justice party and its autocratic leader.
  6. mateen1_Robert CianfloneGetty Images_facebook news Robert Cianflone/Getty Images

    What Google and Facebook Owe News Publishers

    Haaris Mateen, et al. support laws requiring Big Tech to pay media companies for the content featured on their digital platforms.
  7. haass162_BettmannContributorGetty Images kissinger Bettmann / Contributor Getty Images

    The Legacy of Henry Kissinger

    Richard Haass

    The passing of America’s preeminent foreign-policy thinker and practitioner marks the end of an era. Throughout his long and extraordinarily influential career, Henry Kissinger built a legacy that Americans would be wise to heed in this new era of great-power politics and global disarray.

    reviews the life and career of America’s preeminent foreign-policy scholar-practitioner.
  8. yu74_JOHANNES EISELEAFP via Getty Images_ china real estate JOHANNES EISELE/AFP via Getty Images)

    Fixing China’s Real-Estate Sector

    Yu Yongding suggests three measures the government can take to address property developers’ deteriorating finances.
  9. zizek25_MAHMUD HAMSAFP via Getty Images_israel palestine MAHMUD HAMS/AFP via Getty Images

    The New Roots of Anti-Semitism

    Slavoj Žižek worries that Zionist fundamentalism is exacerbating the problem it purports to solve.

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