Skip to main content
Access provided by

Stefan Gerlach

Stefan Gerlach

13 commentaries

Stefan Gerlach, Chief Economist of EFG Bank in Zurich, is a former executive director of the Hong Kong Monetary Authority and a former deputy governor of the Central Bank of Ireland.

Sort by: Show:
  1. The Limits of Central-Bank Independence
    gerlach13_ROSLAN RAHMANAFP via Getty Images_central banks ROSLAN RAHMAN/AFP via Getty Images

    The Limits of Central-Bank Independence

    Aug 1, 2024 Stefan Gerlach reminds monetary policymakers that they are ultimately reliant on political consensus, not law.

  2. Inflation Targeting Isn’t for Everyone
    gerlach12_ROSLAN RAHMANAFP via Getty Images_MAS ROSLAN RAHMAN/AFP via Getty Images

    Inflation Targeting Isn’t for Everyone

    Mar 7, 2024 Stefan Gerlach thinks small, open economies would do better with strategies tailored to their own unique circumstances.

  3. 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.

  4. 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.

  5. 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.

  1. delaney1_Jose JimenezGettyImages_bahamas_dorian Jose Jimenez/Getty Images
    0

    Turning the Financial Tide for Small Island States

    Maya Delaney & Aminath Shauna tout the potential of green and blue bonds to protect critical ecosystems and build economic resilience.
  2. brown116_Timur MatahariGettyImages_indonesia_free_school_meals Timur Matahari/Getty Images
    0

    School Meals Provide Food for Thought – and Fuel for Development

    Gordon Brown & Kevin Watkins tout universal nutrition programs in lower-income countries to mitigate a lost decade for poor children.
  3. karl3_Apu GomesGetty Images_LAfires Apu Gomes/Getty Images
    0

    A House Gutted by Fire

    Terry Lynn Karl blames the inferno now consuming Los Angeles County squarely on greenhouse-gas emissions.
  4. op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images
    1

    False Economies

    William H. Janeway

    For decades, an efficiency-centered “economic style” has dominated public policy, overriding the concerns for fairness that animated the New Deal and Lyndon B. Johnson’s Great Society. Now, Americans must brace for economic governance that delivers neither efficiency nor fairness, only chaos.

     highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.
  5. bq trump institutions Photo by Brendan McDermid-Pool/Getty Images
    1

    Can US Institutions Withstand Trump 2.0?

    While some observers doubt that US President-elect Donald Trump poses a grave threat to US democracy, others are bracing themselves for the destruction of the country’s constitutional order. With Trump’s inauguration just around the corner, we asked PS commentators how vulnerable US institutions really are.

  6. wagner31_Westend61Getty Images_climatependulum Westend61/Getty Images
    0

    The Climate Policy Pendulum

    Gernot Wagner notes that green technologies retain their many advantages, regardless of national political developments.
  7. strain35_Christina HouseGettyImages_commencement_ceremony Christina House/Getty Images
    1

    Could High-Skill Immigration Increase Under Trump?

    Michael R. Strain argues that the recent kerfuffle over foreign workers underscores the president-elect’s pragmatic instincts.
  8. posner38_Viktor SidorovGettyImages_un_flag Viktor Sidorov/Getty Images
    2

    What Happened to International Law?

    Eric Posner sees the web of treaties, conventions, and institutions as another victim of the anti-globalization backlash.
  9. palacio165_Picture AllianceGettyImages_eu_flags Picture Alliance/Getty Images
    0

    Europe’s Year of Fundamental Choices

    Ana Palacio considers the complex array of internal and external challenges the European Union must confront in 2025.

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.