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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. Matt Gush/Getty Images

    The US Economy’s Trust Deficit

    Michael Spence considers the causes and consequences of Americans’ declining faith in media and government.
  2. halland9_FREDRIK VARFJELLNTBAFP via Getty Images_norwaynaturalgas Fredrik Varfjell/NTB/AFP via Getty Images

    Norway Is a Ukraine War Profiteer

    Håvard Halland & Knut Anton Mork argue that the country should give its windfall gains from gas exports to those on the front lines.
  3. gahnberg1_NurPhotoGettyImages_china_mobile_changing_piles

    Navigating the Risks of Digital Public Infrastructure

    Carl Gahnberg calls for guardrails and policy guidelines to prevent governments from abusing the policy paradigm.
  4. gill10_Nhac NguyenGettyImages_vietnam_street_vendor Nhac Nguyen/Getty Images

    Services Are the New Road to Development

    Indermit Gill & Aaditya Mattoo explain why developing countries need a new paradigm to replace the old manufacturing-led model.
  5. dalay4_GAVRIIL GRIGOROVPOOLAFP via Getty Images_putin Gavril Griforov/POOL/AFP via Getty Images

    Russia Just Lost Its Great-Power Status

    Galip Dalay explains why the fall of Syrian dictator Bashar al-Assad has diminished the Kremlin’s global influence.
  6. moyo30_sesameGetty Images_philanthropy sesame/Getty Images

    Twelve Questions for Philanthropists

    Dambisa Moyo offers practical advice to those who want to contribute effectively to charitable causes.
  7. op_aschecter1_Westend61Getty Images_books Westend61/Getty Images

    PS Commentators’ Best Reads in 2024

    PS editors

    At the end of a year of domestic and international upheaval, Project Syndicate commentators share their favorite books from the past 12 months. Covering a wide array of genres and disciplines, this year’s picks provide fresh perspectives on the defining challenges of our time and how to confront them.

    ask Project Syndicate contributors to select the books that resonated with them the most over the past year.
  8. seid1_Reinhard Dirscherlullstein bild via Getty Images_seagrass Reinhard Dirscherlullstein bild via Getty Images

    The World Needs Ocean-Based Climate Solutions

    Ilana Seid calls for creative mechanisms for financing investment in our planet’s largest carbon sink.
  9. varoufakis122_Spencer PlattGetty Images_wallstreet Spencer Platt/Getty Images

    The West Is Not Dying, but It Is Working on It

    Yanis Varoufakis argues that Western power is alive and well, but the lofty values that once sustained it have been abandoned.

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