July 20, 2021
A Safety Net for the Green Economy
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( 11 mins) Between 2007 and 2020, the balance sheets of the European Central Bank, the Bank of Japan, and the Fed have all increased about sevenfold. But inflation stayed low throughout the 2010s. This was possible due to decreasing money velocity and the money multiplier. However, a continuation of asset purchasing programs by central banks involves the risk of higher inflation and fiscal dominance.
( 5 mins) The ultimate answer to the question on whether climate change can be tackled without ditching economic growth depends on our willingness to step up climate action massively.
( < 1 min) Who should bear more and who less of the burden achieving climate policy goals?
( 9 mins) The new German government should play its part in global health security and preparedness.
( 10 mins) Germany and the EU need to develop a strong and proactive agenda to manage foreign economic relations, which are essential for German and European prosperity.
( 2 mins) To contribute more to the green transition, companies should start to make investment decisions based on integrated-value assessment, weighing up the environmental and social impacts alongside the financial returns.
( 5 mins) The pandemic has shown workers and employers that another way to work is possible. The European Union should develop a framework to facilitate hybrid work.
( 8 mins) The current convergence in measures to open up digital platforms leaves a door open to some form of international coordination.