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Axel A. Weber

Axel A. Weber

6 commentaries

Axel A. Weber, Co-Chair of the Bretton Woods Committee Multilateral Reform Working Group, is a former chairman at UBS Group and a former president of the Deutsche Bundesbank.

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  1. The Danger of Premature ECB Rate Cuts
    aweber7_DANIEL ROLANDAFP via Getty Images_ECB Daniel Roland/AFP via Getty Images

    The Danger of Premature ECB Rate Cuts

    May 31, 2024 Axel A. Weber warns that inviting renewed persistent inflation would be much worse than keeping monetary policy too tight.

  2. The Bretton Woods Institutions We Need
    jlevy3_MANDEL NGANAFP via Getty Images_imfworldbankmeetings Mandel Ngan/AFP via Getty Images

    The Bretton Woods Institutions We Need

    Apr 15, 2024 Joaquim Levy, et al. explain how the International Monetary Fund and the World Bank can rise to current global challenges.

  3. The World Needs a Humble Approach to Central Banking
    op_frenkel1_MANDEL NGANAFP via Getty Images_fed MANDEL NGAN/AFP via Getty Images

    The World Needs a Humble Approach to Central Banking

    Dec 8, 2023 Jacob Frenkel, et al. explain why monetary policymakers must accept a deliberately narrow mandate.

  4. Will Inflation Make a Comeback?

    Will Inflation Make a Comeback?

    Feb 17, 2021 Axel A. Weber urges economic policymakers not to underestimate the pandemic's potential to trigger faster price growth.

  5. Financing the Climate-Change Transition
    windmills_schellenhuber_Paul_Ellis_AFP_Getty_Images Paul Ellis/AFP/Getty Images

    Financing the Climate-Change Transition

    Nov 14, 2016 Hans Joachim Schellnhuber, et al. explain the role that finance must play in moving the world toward a global clean-energy economy.

  1. fischer224_Chip SomodevillaGetty Images_trumpinauguration Chip Somodevilla/Getty Images
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    Trump at the Gates

    Joschka Fischer urges Europeans to recognize that they are now on their own in an increasingly dangerous world.
  2. stiglitz347_Kevin DietschGettyImages_bye_biden Kevin Dietsch/Getty Images
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    The End of Progress?

    Joseph E. Stiglitz

    Though the United States has long led the world in advancing basic science and technology, it is hard to see how this can continue under President Donald Trump and the country’s ascendant oligarchy. America’s rejection of Enlightenment values will have dire consequences.

     predicts that Donald Trump’s second administration will be defined by its rejection of Enlightenment values.
  3. varoufakis123_China PhotosGetty Images_chinayuandollar China Photos/Getty Images
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    China’s Trump Dilemma

    Yanis Varoufakis

    Will the China hawks in Donald Trump’s administration railroad him into a confrontation that transcends tariffs and embraces financial sanctions of the type the US and the European Union imposed on Russia? If they do, China's leaders will have to decide whether to decouple from the dollar-based international monetary system.

     thinks the real choice facing Chinese leaders may be whether to challenge the dollar's hegemony head-on.
  4. lamy10_Badru KatumbaGettyImages_jackfruit_farmer Badru Katumba/Getty Images
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    The Key to Narrowing the Development Gap

    Pascal Lamy, et al. explain how investments in African agri-food systems can advance many of the Sustainable Development Goals.
  5. galbraith39_rudall30Getty Images_businessmanforest rudall30/Getty Images
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    Economists’ Way Out of the Wilderness

    James K. Galbraith argues that the continued dominance of nineteenth-century thinking has resulted in a catalogue of failure.
  6. benami221_Justin SullivanGetty Images_trump Justin Sullivan/Getty Images
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    Trump the Revolutionary Isolationist

    Shlomo Ben-Ami hears echoes of the Monroe Doctrine in the US president's threats to acquire Greenland.
  7. hubbard4_Chen MengtongChina News ServiceVCG via Getty Images_scottbessent Chen Mengtong/China News Service/VCG via Getty Images
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    How the Trump Administration Can Hit Its Growth Target

    Glenn Hubbard urges policymakers to focus on the three pillars of increased productivity.
  8. oneill129_Saul LoebGettyImages_us_treasury Saul Loeb/Getty Images
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    Trump’s First Test Will Be the Bond Market

    Jim O'Neill wonders if recent market signals will keep the new administration’s radicalism in check.
  9. ahzhang19_Jaap ArriensNurPhoto via Getty Images_tiktok Jaap Arriens/NurPhoto via Getty Images
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    The TikTok Boomerang

    Angela Huyue Zhang thinks the US government's ban on the app has left it in an untenable position.

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