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
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
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 financial crisis and its economic consequences led to re-thinking of many regulatory and economic policies. In some cases, policies emerged “after the fact” to rationalise emergency measures taken to address symptoms of the crisis. This has not always been satisfactory and there have been some unintended consequences. For example, politicians now reconsider their position...Read More
Recent economic indicators of the performance of the Japanese economy have been weak and prognosis negative. In December Japanese industrial output contracted by 10%. In January this trend intensified. Moreover Toyota has announced 7,000 job losses and Honda a four month closure of their UK plant. Other labour market indicators and consumption related data suggest...Read More
About the GPI
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.
