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Introducing Draghinomics

10 commentaries

Faced with bleak economic data, European Central Bank President Mario Draghi appears ready to discard the orthodox policymaking rule book, much like Shinzo Abe in Japan. But can Draghi's recent call for a combination of structural reform, fiscal and monetary stimulus, and the removal of supply-side bottlenecks gain the necessary political support, and would his prescription work?

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  1. Facing Reality in the Eurozone
    Mario Draghi ECB Governing Council ECB/Flickr

    Facing Reality in the Eurozone

    Sep 8, 2014 Adair Turner hails ECB President Mario Draghi's call for fiscal stimulus.

  2. Abenomics, European-Style
    Mario Draghi ECB conference ECB/Flickr

    Abenomics, European-Style

    Aug 31, 2014 Nouriel Roubini supports ECB President Mario Draghi's plan to revive eurozone growth.

  3. Europe According to Draghi
    Mario Draghi ECB/Flickr

    Europe According to Draghi

    Aug 31, 2014 Jean Pisani-Ferry praises the ECB president for challenging key pillars of eurozone orthodoxy.

  4. The Greater Depression
    recession in us Anjan Chatterjee/Flickr

    The Greater Depression

    Aug 28, 2014 J. Bradford DeLong argues that it is time to call what is happening in Europe and the US by its true name.

  5. Europe’s Surplus of Stagnation
    Euros and Dollar mightykenny/Flickr

    Europe’s Surplus of Stagnation

    Jul 23, 2014 Robert Skidelsky takes Germany to task over its refusal to address its massive current-account surplus.

  6. Looking Beyond Juncker
    Jean-Claude Juncker European People's Party © European People's Party

    Looking Beyond Juncker

    Jun 27, 2014 Howard Davies identifies three urgent and interlinked tasks that European leaders need to complete.

  1. scherger1ARMEND NIMANIAFP via Getty Images_farming ARMEND NIMANI/AFP via Getty Images
    Free to read

    Carbon Farming Won't Save the Planet

    Sophie Scherger warns that soil-storage offsets may serve as a smokescreen for polluting industries.
  2. bildt129_MaximShipenkovGettyImages_valdai_putin_fail Maxim Shipenkov/Getty Images

    Putin’s March of Folly

    Carl Bildt argues that Russia’s president has only his own poor decisions to blame for his country’s loss of status.
  3. hausmann117_TONY KARUMBAAFP via Getty Images_africawindfarm Tony Karumba/AFP via Getty Images

    A Better Approach to Climate Finance

    Ricardo Hausmann

    By harnessing the capabilities of developing countries, we can accelerate global decarbonization while creating new growth opportunities. This approach would not only advance crucial climate goals but also ensure that a larger share of the world’s population can enjoy the fruits of the clean-energy transition.

    shows how developing countries can accelerate global decarbonization while creating new growth opportunities.
  4. ghosh83_CHRISTIAN MONTERROSAAFP via Getty Images_trump cop CHRISTIAN MONTERROSA/AFP via Getty Images

    Trump’s Bad COP

    Jayati Ghosh says the Paris climate agreement’s future depends on how other countries respond to the new US administration.
  5. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images

    Are Tariffs Worth It?

    Pinelopi Koujianou Goldberg thinks the risks and costs for the US will far outweigh any potential political or geopolitical benefits.
  6. schalatek1_Resul RehimovAnadolu via Getty Images_cop29 Resul Rehimov/Anadolu via Getty Images
    Free to read

    Is the Loss and Damage Fund Becoming an Empty Promise?

    Liane Schalatek warns that rich countries are once again shirking their responsibility to provide adequate climate finance.
  7. mazzucato77_PABLOPORCIUNCULAGettyImages_G20_summit_prostest PABLO PORCIUNCULA/Getty Images

    How Global Public Investment Should Work

    Mariana Mazzucato & Jonathan Glennie

    Addressing problems like climate change and biodiversity loss calls for new thinking about how to mobilize the huge volume of financing that will be needed. International cooperation must be re-framed as a collective endeavor in which all countries benefit, contribute, and make investment decisions together.

    propose a new model to unlock financing for action on climate change, biodiversity loss, and other issues.
  8. palacio163_Dominika ZarzyckaSOPA ImagesLightRocket via Getty Images_cop29finance Dominika Zarzycka/SOPA Images/LightRocket via Getty Images

    COP29 Must Deliver the Goods

    Ana Palacio hopes that geopolitical uncertainty will not thwart ambitious, credible climate-finance commitments.
  9. ngilman1_Ivan LiemanAFP via Getty Images_rwandagorilla Ivan Lieman/AFP via Getty Images

    Interspecies Money Is Here

    Nils Gilman & Mutesi Rusagara look beyond the first ever payments to animals and see a new model for human-wildlife economic collaboration.

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