ECB critics are right to worry about ultra-loose monetary policyThere is moral hazard in debt monetisation as it can neuter market disciplineGlobal economic policymakers are playing with fireToo much of what ails the world economy is the result of ‘stupid stuff’Policymakers have a chance to boost the world economyThey can make up for self-inflicted mistakes that have worsened the global slowdownMario Draghi’s critics are misguidedMeasures taken by the European Central Bank since the crisis were bold and necessaryGlobal economy is at risk from a monetary policy black holeGovernments should borrow more to stave off secular stagnationCentral banks are tuning in to climate changeKristalina Georgieva’s appearance on an IMF panel about the issue is an important signalMore from this SeriesChina bucks the trend with solid activity growthAlternative data trackers suggest the country is avoiding other big economies’ gloomGrowing less, growing apart Premium contentIMF outlook focuses on the hard problem of regional divergenceArgentina fiasco should prompt reflection at the IMFThe Fund’s biggest-ever programme was poorly thought through
ECB critics are right to worry about ultra-loose monetary policyThere is moral hazard in debt monetisation as it can neuter market disciplineGlobal economic policymakers are playing with fireToo much of what ails the world economy is the result of ‘stupid stuff’Policymakers have a chance to boost the world economyThey can make up for self-inflicted mistakes that have worsened the global slowdownMario Draghi’s critics are misguidedMeasures taken by the European Central Bank since the crisis were bold and necessaryGlobal economy is at risk from a monetary policy black holeGovernments should borrow more to stave off secular stagnationCentral banks are tuning in to climate changeKristalina Georgieva’s appearance on an IMF panel about the issue is an important signalMore from this SeriesChina bucks the trend with solid activity growthAlternative data trackers suggest the country is avoiding other big economies’ gloomGrowing less, growing apart Premium contentIMF outlook focuses on the hard problem of regional divergenceArgentina fiasco should prompt reflection at the IMFThe Fund’s biggest-ever programme was poorly thought through