This article[i] outlines how collaborative initiatives in the emerging drone industry in Europe, supported by the institutions and executive agencies of the European Commission, may encourage new developments of various industrial use cases in order to strengthen the “green” markets in all sectors as well as the geopolitical role of the . One of the...Read More
Part 1. Short-term Inflation and Risk Factors Although inflation (defined in nominal terms as an increase in the general price level) is increasing. in the US, UK, and the Euro area, following a long period of deflation and a pandemic slowdown in economic growth. Yet it is too early to claim that the current inflation...Read More
In January 2020, Christine Lagarde announced that the ECB would be conducting a year-long review process of its monetary policy and remit. Much has happened since its last review in 2004, and GPI has responded to Lagarde’s ambitious agenda. The report reviews the development of ECB monetary policy over the past 30 years and concludes...Read More
Before we turn to our 12 things to watch in the global economy in 2020, let us briefly review 2019. The deterioration in the global economic and geopolitical environments continued unabated last year. In a tumultuous year that has now drawn to a close, the global economy experienced its slowest growth rates in a decade,...Read More
The NEWBITS Consortium held a conference at the European Parliament on 21stMarch, which brought together guests from the European Commission (DG MOVE), European Parliament (ECR Group), representatives of other stakeholders, industry speakers and members of the ITS community. NEWBITS “New Business models for Intelligent Transport Systems” is a Horizon2020 Research and Innovation project and as...Read More
Federal Central Banks is a unique study that critically examines the role and impact of central banks in federal and confederal political systems. It conducts a detailed examination of the history, design and operation of central banking in the United States and in the European Union. The contradiction between the centralizing features of banking and...Read More
Viara Bojkova, Head of Geo-Economics Programme & Senior Research Fellow at the GPI, has written a chapter on “The nature, impact and lessons of Abenomics”, which will be published in “Advances in Geoeconomics” (edited by J Mark Munoz, Routledge 2016) in April 2017. In her chapter, Viara Bojkova outlines the background to the implementation of the...Read More
The Japanese policy package known as “Abenomics” began in early 2013 with three major components – monetary, fiscal and structural reforms. This paper focuses on all three components, showing the measures undertaken by different authorities and exploring to what extent the whole package contributes to stimulating the economy; discussing existing current issues and difficulties that...Read More
This paper utilises long term data series on short-term Japanese interest rates to identify historical changes in interest rate behaviour. Japanese trajectories are then compared to those of key foreign short-term rates and their relationship examined using cointegration analysis to assess the impact of international financial integration. The findings suggest that lasting changes began in...Read More
The intention of this short macroeconomic analysis is to discover whether the T-bonds trading will become a major factor in investment decisions of individual and institutional investors in the near future. The aim is to shed some light on such a trend coming from the global capital markets that might shape a new investment environment....Read More
The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.
