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The Quest for Growth: Lesson from Professor Philippe Aghion
One of the most central questions in modern economics is: what drives sustained growth?
7 days ago4 min read


Keeping crypto calm: The rise of stablecoins
What fewer people know is that beyond cryptocurrencies lies a slightly different but equally intriguing asset class: the stablecoin.
Feb 54 min read


Tariffs and industry: a historical perspective from the USA
The United States is often cited as an example of a country that benefitted significantly from industrial protection during its period of rapid industrialisation between 1865 and WW1. This is something of a misconception.
Jan 285 min read


Race to the bottom? Redistricting ahead of the 2026 U.S. elections
Consequential American elections are nothing new. But these ones have an added twist.
Jan 215 min read


“Reading the tea leaves” - where is inflation and monetary policy headed next?
Central banks have had a torrid time since the start of the COVID-19 pandemic. Initially, it appeared that central bank policy had done its job.
Dec 10, 20254 min read


A missed opportunity? Reviewing the 2025 Autumn Budget
UK Chancellor Rachel Reeves’ goal for this Budget was simple: stabilise the public finances without incurring too much political damage.
Dec 3, 20255 min read


Unpacking the hidden costs of sovereign debt burdens in emerging markets
Building upon the previous analysis, this final article seeks to move beyond and look at the rest of the world.
Nov 26, 20254 min read


“Can we find some money?” - how to approach the UK’s debt problem
Growth on its own will not be enough. Widespread fiscal changes are almost certainly needed. But where to start?
Nov 19, 20255 min read


“I’m afraid there is no money”: is the West headed towards a reckoning on debt?
Debt burdens have once again been thrust into the spotlight as the issue has turned into the silent crisis that is only now finding its way onto the political agenda.
Nov 12, 20255 min read


Central bank independence: why does it matter, and what happens if it’s eroded?
A lot has been written in the news lately about “central bank independence”. But what is it, and why does it matter?
Nov 5, 20255 min read
THE POLICY MULTIPLIER
This column is maintained by Henrik Helsen. New articles are published every Wednesday.
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